The historical rank and industry rank for FirstCash Holdings's Days Inventory or its related term are showing as below:
FRA:FF60'
s Days Inventory Range Over the Past 10 Years
Min: 63.53 Med: 111.46 Max: 160.07
Current: 63.53
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.
FRA:FF60's Days Inventory is ranked worse than 56.31% of 103
companies
in the Credit Services industry
Industry Median: 40.39
vs FRA:FF60: 63.53
FirstCash Holdings's Days Inventory
increased
from Mar. 2023 (60.41) to Mar. 2024 (63.53).
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 1.44.
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.
FirstCash Holdings Days Inventory Historical Data
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.
Competitive Comparison of FirstCash Holdings's Days Inventory
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.
FirstCash Holdings's Days Inventory Distribution in the Credit Services Industry
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.
FirstCash Holdings Days Inventory Calculation
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
* 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 (FRA:FF60) 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
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
* 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.
FirstCash Holdings Days Inventory Related Terms
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.
FirstCash Holdings (FRA:FF60) Business Description
FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores. Revenue is split almost equally between loans made in the United States, where the company has more than 300 retail locations, and loans made in Latin America, where the company has over 700 locations in Mexico and several more in Guatemala.
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