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Fast Retailing Co (Fast Retailing Co) Days Inventory

: 106.44 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Fast Retailing Co's Average Total Inventories for the three months ended in Feb. 2024 was $3,008 Mil. Fast Retailing Co's Cost of Goods Sold for the three months ended in Feb. 2024 was $2,578 Mil. Hence, Fast Retailing Co's Days Inventory for the three months ended in Feb. 2024 was 106.44.

The historical rank and industry rank for Fast Retailing Co's Days Inventory or its related term are showing as below:

FRCOY' s Days Inventory Range Over the Past 10 Years
Min: 104.38   Med: 127.89   Max: 146.9
Current: 116.88

During the past 13 years, Fast Retailing Co's highest Days Inventory was 146.90. The lowest was 104.38. And the median was 127.89.

FRCOY's Days Inventory is ranked worse than
52.9% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.295 vs FRCOY: 116.88

Fast Retailing Co's Days Inventory declined from Feb. 2023 (113.60) to Feb. 2024 (106.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fast Retailing Co's Inventory Turnover for the three months ended in Feb. 2024 was 0.86.

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. Fast Retailing Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.57.


Fast Retailing Co Days Inventory Historical Data

The historical data trend for Fast Retailing Co'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.

* Premium members only.

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.28 146.17 142.60 162.14 132.98

Fast Retailing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.60 122.55 134.01 117.80 106.44

Competitive Comparison

For the Apparel Retail subindustry, Fast Retailing Co'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.


Fast Retailing Co Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fast Retailing Co's Days Inventory falls into.



Fast Retailing Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Fast Retailing Co's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (3591.924 + 3103.003) / 2 ) / 9187.687*365
=3347.4635 / 9187.687*365
=132.98

Fast Retailing Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (3245.105 + 2769.99) / 2 ) / 2578.25*365 / 4
=3007.5475 / 2578.25*365 / 4
=106.44

* 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.


Fast Retailing Co  (OTCPK:FRCOY) 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.

Fast Retailing Co's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

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.

Fast Retailing Co's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

* 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.


Fast Retailing Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Fast Retailing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Fast Retailing Co (Fast Retailing Co) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (Fast Retailing Co) Headlines

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