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Fountain Set (Holdings) (FRA:FOV) Days Inventory : 68.89 (As of Dec. 2023)


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What is Fountain Set (Holdings) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fountain Set (Holdings)'s Average Total Inventories for the six months ended in Dec. 2023 was €92.9 Mil. Fountain Set (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was €246.1 Mil. Hence, Fountain Set (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 68.89.

The historical rank and industry rank for Fountain Set (Holdings)'s Days Inventory or its related term are showing as below:

FRA:FOV' s Days Inventory Range Over the Past 10 Years
Min: 74.12   Med: 86.12   Max: 104.23
Current: 74.12

During the past 13 years, Fountain Set (Holdings)'s highest Days Inventory was 104.23. The lowest was 74.12. And the median was 86.12.

FRA:FOV's Days Inventory is ranked better than
75.96% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs FRA:FOV: 74.12

Fountain Set (Holdings)'s Days Inventory declined from Dec. 2022 (93.00) to Dec. 2023 (68.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fountain Set (Holdings)'s Inventory Turnover for the six months ended in Dec. 2023 was 2.65.

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. Fountain Set (Holdings)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.35.


Fountain Set (Holdings) Days Inventory Historical Data

The historical data trend for Fountain Set (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.

* Premium members only.

Fountain Set (Holdings) Days Inventory Chart

Fountain Set (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.24 108.86 88.75 84.54 77.28

Fountain Set (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 92.70 91.14 93.00 79.04 68.89

Competitive Comparison of Fountain Set (Holdings)'s Days Inventory

For the Textile Manufacturing subindustry, Fountain Set (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.


Fountain Set (Holdings)'s Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Fountain Set (Holdings)'s Days Inventory falls into.



Fountain Set (Holdings) Days Inventory Calculation

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

Fountain Set (Holdings)'s Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (112.707 + 92.044) / 2 ) / 483.55*365
=102.3755 / 483.55*365
=77.28

Fountain Set (Holdings)'s Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (93.723 + 92.044) / 2 ) / 246.072*365 / 2
=92.8835 / 246.072*365 / 2
=68.89

* 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.


Fountain Set (Holdings)  (FRA:FOV) 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.

Fountain Set (Holdings)'s Inventory Turnover for the six months ended in Dec. 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.

Fountain Set (Holdings)'s Inventory to Revenue for the six months 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.


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.


Fountain Set (Holdings) Days Inventory Related Terms

Thank you for viewing the detailed overview of Fountain Set (Holdings)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Fountain Set (Holdings) (FRA:FOV) Business Description

Traded in Other Exchanges
Address
29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, and Others.

Fountain Set (Holdings) (FRA:FOV) Headlines

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