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FitLife Brands (FitLife Brands) Days Inventory : 96.67 (As of Dec. 2023)


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What is FitLife Brands Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FitLife Brands's Average Total Inventories for the three months ended in Dec. 2023 was $8.41 Mil. FitLife Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.94 Mil. Hence, FitLife Brands's Days Inventory for the three months ended in Dec. 2023 was 96.67.

The historical rank and industry rank for FitLife Brands's Days Inventory or its related term are showing as below:

FTLF' s Days Inventory Range Over the Past 10 Years
Min: 71.46   Med: 108.5   Max: 170.05
Current: 102.4

During the past 13 years, FitLife Brands's highest Days Inventory was 170.05. The lowest was 71.46. And the median was 108.50.

FTLF's Days Inventory is ranked worse than
60.9% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs FTLF: 102.40

FitLife Brands's Days Inventory declined from Dec. 2022 (239.21) to Dec. 2023 (96.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. FitLife Brands's Inventory Turnover for the three months ended in Dec. 2023 was 0.94.

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. FitLife Brands's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


FitLife Brands Days Inventory Historical Data

The historical data trend for FitLife Brands'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.

FitLife Brands Days Inventory Chart

FitLife Brands 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 112.58 99.96 119.02 170.05 106.20

FitLife Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 239.21 128.99 93.06 93.81 96.67

Competitive Comparison of FitLife Brands's Days Inventory

For the Packaged Foods subindustry, FitLife Brands'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.


FitLife Brands's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where FitLife Brands's Days Inventory falls into.



FitLife Brands Days Inventory Calculation

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

FitLife Brands'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
=( (9.105 + 9.091) / 2 ) / 31.268*365
=9.098 / 31.268*365
=106.20

FitLife Brands'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7.724 + 9.091) / 2 ) / 7.936*365 / 4
=8.4075 / 7.936*365 / 4
=96.67

* 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.


FitLife Brands  (NAS:FTLF) 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.

FitLife Brands's Inventory Turnover for the three 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.

FitLife Brands's Inventory to Revenue for the three 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.


FitLife Brands Days Inventory Related Terms

Thank you for viewing the detailed overview of FitLife Brands's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


FitLife Brands (FitLife Brands) Business Description

Traded in Other Exchanges
Address
5214 South 136th Street, Omaha, NE, USA, 68137
FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Isatori and Biogenetic laboratories brand names. Its product portfolio consists of sports nutrition, energy, and sports drink products, meal replacement products and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products and Supplements.
Executives
Jakob York officer: CHIEF FINANCIAL OFFICER C/O FITLIFE BRANDS, INC., 5214 S. 136TH STREET, OMAHA NE 68137
Ryan Patrick John Phillip officer: Chief Retail Officer 16301 FLINT ST, OVERLAND PARK KS 66221
Todd Ordal director 15000 W. 6TH AVENUE, SUITE 202, GOLDEN CO 80401
Lewis Jaffe director 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851
Judd Dayton director 878 S. DENTON TAP RD., SUITE 220, COPPELL TX 75019
Susan Kinnaman officer: Chief Financial Officer 5214 S. 136TH STREET, OMAHA NE 68137
Seth Yakatan director 231 NORMAN AVENUE, BROOKLYN NY 11222
Stephen D. Adele director, officer: CEO, iSatori, Inc. 15000 W. 6TH AVENUE, SUITE 202, GOLDEN CO 80401
Jeffrey N. Greenblatt 10 percent owner 14 EAST 60TH STREET, SUITE 600, NEW YORK NY 10022
Grant Robert Dawson director C/O GLOWPOINT, INC., 430 MOUNTAIN AVENUE, SUITE 301, MURRAY HILL NJ 07974
Fadi M. Aramouni director 3017 JEANIE LANE, MANHATTAN KS 66502
Jason T Adelman 10 percent owner 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Michael S Abrams officer: Chief Financial Officer 64 RAMSHEAD ROAD, RAYNHAM MA 02767
John S Wilson director, officer: CHIEF EXECUTIVE OFFICER 11011 Q STREET, BUILDING A, SUITE 106, OMAHA NE 68137
Landers Elorian Connard director

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