FCFS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FCFS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Days Inventory is also known as Days Sales of Inventory (DSI). FirstCash Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $307 Mil. FirstCash Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $441 Mil. Hence, FirstCash Holdings's Days Inventory for the three months ended in Mar. 2024 was 63.64.
The historical rank and industry rank for FirstCash Holdings's Days Inventory or its related term are showing as below:
During the past 13 years, FirstCash Holdings's highest Days Inventory was 160.07. The lowest was 63.53. And the median was 111.46.
FirstCash Holdings's Days Inventory increased from Mar. 2023 (60.07) to Mar. 2024 (63.64). It might indicate that FirstCash Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. FirstCash Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 1.43.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. FirstCash Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.37.
The historical data trend for FirstCash Holdings's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FirstCash Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 116.56 | 115.46 | 106.17 | 68.75 | 66.63 |
FirstCash Holdings Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Inventory | Get a 7-Day Free Trial | 60.07 | 60.19 | 66.72 | 65.79 | 63.64 |
For the Credit Services subindustry, FirstCash Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Credit Services industry and Financial Services sector, FirstCash Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where FirstCash Holdings's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
FirstCash Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
Days Inventory (A: Dec. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (288.339 | + | 312.089) | / | 2 ) | / | 1644.557 | * | 365 |
= | 300.214 | / | 1644.557 | * | 365 | ||||
= | 66.63 |
FirstCash Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:
Days Inventory (Q: Mar. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Mar. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | ( (312.089 | + | 302.385) | / | 2 ) | / | 440.53 | * | 365 / 4 |
= | 307.237 | / | 440.53 | * | 365 / 4 | ||||
= | 63.64 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FirstCash Holdings (NAS:FCFS) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
FirstCash Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 440.53 | / | 307.237 | |
= | 1.43 |
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
FirstCash Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 307.237 | / | 836.37 | |
= | 0.37 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Thank you for viewing the detailed overview of FirstCash Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
R Douglas Orr | officer: EVP & Chief Financial Officer | 1600 WEST 7TH STREET, FORT WORTH TX 76102 |
Douglas Richard Rippel | director, 10 percent owner | 8425 MYSTIC LAKES, MAIZE KS 67101 |
Randel G Owen | director | C/O EMERGENCY MEDICAL SERVICES CORP, 6200 SOUTH SYRACUSE WAY, GREENWOOD VILLAGE CO 80111 |
Howard F Hambleton | officer: AFF President | 1660 WEST 7TH ST., FORT WORTH TX 76102 |
Raul Ramos | officer: SVP Latin American Operations | 1600 WEST 7TH STREET, FORT WORTH TX 76102 |
James H Graves | director | ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205 |
Marthea Davis | director | 1600 WEST 7TH ST., FORT WORTH TX 76102 |
Douglas R. Rippel Revocable Trust | 10 percent owner | 7570 W. 21ST STREET N, BUILDING 1010, SUITE C, WICHITA KS 67205 |
Aff Services, Inc. | 10 percent owner | 7570 W. 21ST STREET N, BUILDING 1010, SUITE C, WICHITA KS 67205 |
Paula K Garrett | director | 1600 WEST 7TH ST, FORT WORTH TX 76102 |
Mikel D Faulkner | director | 180 STATE STREET 200, SOUTHLAKE TX 76092 |
Daniel R Feehan | director | CASH AMERICA INTL INC, 1600 W &TH ST, FORT WORTH TX 76102 |
Thomas Brent Stuart | officer: President and COO | 1600 W. 7TH STREET, FORT WORTH TX 76102 |
Anna M Alvarado | officer: General Counsel | 1600 WEST 7TH STREET, FORT WORTH TX 76102 |
Daniel E Berce | director | 801 CHERRY STREET, SUITE 3900, C/O GM FINANCIAL COMPANY, INC., FORT WORTH TX 76102 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 04-16-2022
By GuruFocusNews insider • 03-29-2022
By Business Wire Business Wire • 03-14-2022
By PRNewswire PRNewswire • 03-10-2022
By PRNewswire PRNewswire • 03-10-2022
By GuruFocusNews GuruFocusNews • 03-29-2022
By GuruFocusNews GuruFocusNews • 03-14-2022
By Marketwired • 07-27-2023
By PRNewswire PRNewswire • 05-28-2022
By GuruFocus Research • 11-01-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.