The historical rank and industry rank for FleetPartners Group's Days Inventory or its related term are showing as below:
ASX:FPR'
s Days Inventory Range Over the Past 10 Years
Min: 24.27 Med: 50.23 Max: 163.57
Current: 24.27
During the past 9 years, FleetPartners Group's highest Days Inventory was 163.57. The lowest was 24.27. And the median was 50.23.
ASX:FPR's Days Inventory is ranked better than 53.74% of 681
companies
in the Business Services industry
Industry Median: 29.77
vs ASX:FPR: 24.27
FleetPartners Group's Days Inventory
declined
from Sep. 2022 (25.14) to Sep. 2023 (23.67).
Inventory Turnover measures how fast the company turns over its inventory within a year.
FleetPartners Group's Inventory Turnover for the
six
months ended in Sep. 2023 was 7.71.
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.
FleetPartners Group's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.05.
FleetPartners Group Days Inventory Historical Data
The historical data trend for FleetPartners Group'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.
Competitive Comparison of FleetPartners Group's Days Inventory
For the Rental & Leasing Services subindustry, FleetPartners Group'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.
FleetPartners Group's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, FleetPartners Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where FleetPartners Group's Days Inventory falls into.
FleetPartners Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
FleetPartners Group's Days Inventory for the fiscal year that ended in Sep. 2023 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.
FleetPartners Group (ASX:FPR) 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.
FleetPartners Group's Inventory Turnover for the
six
months ended in Sep. 2023 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.
FleetPartners Group's Inventory to Revenue for the
six
months ended in Sep. 2023 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.
FleetPartners Group Days Inventory Related Terms
Thank you for viewing the detailed overview of FleetPartners Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
FleetPartners Group (ASX:FPR) Business Description
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.
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