Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Days Inventory : 10.51 (As of Oct. 2023)

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What is Fermiere du Casino Municipal de Cannes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fermiere du Casino Municipal de Cannes's Average Total Inventories for the six months ended in Oct. 2023 was €1.4 Mil. Fermiere du Casino Municipal de Cannes's Cost of Goods Sold for the six months ended in Oct. 2023 was €24.5 Mil. Hence, Fermiere du Casino Municipal de Cannes's Days Inventory for the six months ended in Oct. 2023 was 10.51.

The historical rank and industry rank for Fermiere du Casino Municipal de Cannes's Days Inventory or its related term are showing as below:

XPAR:FCMC' s Days Inventory Range Over the Past 10 Years
Min: 7.94 Med: 8.99 Max: 13.99
Current: 10.85

During the past 13 years, Fermiere du Casino Municipal de Cannes's highest Days Inventory was 13.99. The lowest was 7.94. And the median was 8.99.

XPAR:FCMC's Days Inventory is ranked better than
67.9% of 673 companies
in the Travel & Leisure industry
Industry Median: 35.06 vs XPAR:FCMC: 10.85

Fermiere du Casino Municipal de Cannes's Days Inventory increased from Oct. 2022 (9.60) to Oct. 2023 (10.51). It might indicate that Fermiere du Casino Municipal de Cannes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fermiere du Casino Municipal de Cannes's Inventory Turnover for the six months ended in Oct. 2023 was 17.37.

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. Fermiere du Casino Municipal de Cannes's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.01.

Fermiere du Casino Municipal de Cannes Days Inventory Historical Data

The historical data trend for Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes Days Inventory Chart

Fermiere du Casino Municipal de Cannes Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

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8.78

13.94

13.99

10.07

10.98

Fermiere du Casino Municipal de Cannes Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial															8.50	11.46	9.60	11.09	10.51

Competitive Comparison of Fermiere du Casino Municipal de Cannes's Days Inventory

For the Resorts & Casinos subindustry, Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fermiere du Casino Municipal de Cannes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fermiere du Casino Municipal de Cannes's Days Inventory falls into.

Fermiere du Casino Municipal de Cannes Days Inventory Calculation

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

Fermiere du Casino Municipal de Cannes's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (1.306	+	1.476)	/	2 )	/	46.229	*	365
=	1.391					/	46.229	*	365
=	10.98

Fermiere du Casino Municipal de Cannes's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (1.34	+	1.476)	/	2 )	/	24.451	*	365 / 2
=	1.408					/	24.451	*	365 / 2
=	10.51

Fermiere du Casino Municipal de Cannes (XPAR:FCMC) 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.

Fermiere du Casino Municipal de Cannes's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.451	/	1.408
	=	17.37

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.

Fermiere du Casino Municipal de Cannes's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.408	/	105.518
	=	0.01

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.

Fermiere du Casino Municipal de Cannes Days Inventory Related Terms

Thank you for viewing the detailed overview of Fermiere du Casino Municipal de Cannes's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fermiere du Casino Municipal de Cannes (XPAR:FCMC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Le Casino Croisette, 1 espace Lucien Barriere, Cannes, FRA, 06400

Website

http://www.lucienbarriere.com

Fermiere du Casino Municipal de Cannes operates a chain of casino hotels in France. The company offers accommodation, casinos, restaurants, golf courses, spas, and event management.

Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Headlines

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