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Future Farm Technologies (Future Farm Technologies) Days Inventory : 105.42 (As of Nov. 2019)


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What is Future Farm Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Future Farm Technologies's Average Total Inventories for the three months ended in Nov. 2019 was $0.71 Mil. Future Farm Technologies's Cost of Goods Sold for the three months ended in Nov. 2019 was $0.62 Mil. Hence, Future Farm Technologies's Days Inventory for the three months ended in Nov. 2019 was 105.42.

The historical rank and industry rank for Future Farm Technologies's Days Inventory or its related term are showing as below:

FFRMF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.22
* Ranked among companies with meaningful Days Inventory only.

Future Farm Technologies's Days Inventory increased from Nov. 2018 (15.81) to Nov. 2019 (105.42). It might indicate that Future Farm Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Farm Technologies's Inventory Turnover for the three months ended in Nov. 2019 was 0.87.

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. Future Farm Technologies's Inventory-to-Revenue for the three months ended in Nov. 2019 was 1.02.


Future Farm Technologies Days Inventory Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Days Inventory Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2,555.00 125.66 76.28 183.19

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 15.81 - 34.13 - 105.42

Competitive Comparison of Future Farm Technologies's Days Inventory

For the Farm Products subindustry, Future Farm Technologies'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.


Future Farm Technologies's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Future Farm Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Future Farm Technologies's Days Inventory falls into.



Future Farm Technologies Days Inventory Calculation

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

Future Farm Technologies's Days Inventory for the fiscal year that ended in Feb. 2019 is calculated as

Days Inventory (A: Feb. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2018 ) + Total Inventories (A: Feb. 2019 )) / count ) / Cost of Goods Sold (A: Feb. 2019 )*Days in Period
=( (0.065 + 1.265) / 2 ) / 1.325*365
=0.665 / 1.325*365
=183.19

Future Farm Technologies's Days Inventory for the quarter that ended in Nov. 2019 is calculated as:

Days Inventory (Q: Nov. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2019 ) + Total Inventories (Q: Nov. 2019 )) / count ) / Cost of Goods Sold (Q: Nov. 2019 )*Days in Period
=( (0.166 + 1.255) / 2 ) / 0.615*365 / 4
=0.7105 / 0.615*365 / 4
=105.42

* 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.


Future Farm Technologies  (OTCPK:FFRMF) 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.

Future Farm Technologies's Inventory Turnover for the three months ended in Nov. 2019 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.

Future Farm Technologies's Inventory to Revenue for the three months ended in Nov. 2019 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.


Future Farm Technologies Days Inventory Related Terms

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Future Farm Technologies (Future Farm Technologies) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.
Executives
Michael C Withrow director, 10 percent owner, officer: CEO SUITE 1040 - 885 WEST GEORGIA STREET VANCOUVER A1 V6C 3E8
Brayden R Sutton director 44486 MONTE VISTA DRIVE CHILLIWACK A1 V2R 5T2