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FIH Mobile (FIH Mobile) Days Inventory : 38.23 (As of Dec. 2023)


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What is FIH Mobile Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FIH Mobile's Average Total Inventories for the six months ended in Dec. 2023 was $775 Mil. FIH Mobile's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,699 Mil. Hence, FIH Mobile's Days Inventory for the six months ended in Dec. 2023 was 38.23.

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

FXCNY' s Days Inventory Range Over the Past 10 Years
Min: 21.34   Med: 28.76   Max: 43.77
Current: 43.77

During the past 13 years, FIH Mobile's highest Days Inventory was 43.77. The lowest was 21.34. And the median was 28.76.

FXCNY's Days Inventory is ranked better than
85.71% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs FXCNY: 43.77

FIH Mobile's Days Inventory increased from Dec. 2022 (27.26) to Dec. 2023 (38.23). It might indicate that FIH Mobile's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FIH Mobile's Inventory Turnover for the six months ended in Dec. 2023 was 4.77.

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. FIH Mobile's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.21.


FIH Mobile Days Inventory Historical Data

The historical data trend for FIH Mobile'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.

FIH Mobile Days Inventory Chart

FIH Mobile 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 28.38 29.00 31.86 31.38 38.12

FIH Mobile 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 29.61 37.46 27.26 58.48 38.23

Competitive Comparison of FIH Mobile's Days Inventory

For the Communication Equipment subindustry, FIH Mobile'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.


FIH Mobile's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FIH Mobile's Days Inventory distribution charts can be found below:

* The bar in red indicates where FIH Mobile's Days Inventory falls into.



FIH Mobile Days Inventory Calculation

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

FIH Mobile'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
=( (731.898 + 591.557) / 2 ) / 6335.982*365
=661.7275 / 6335.982*365
=38.12

FIH Mobile'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
=( (958.167 + 591.557) / 2 ) / 3698.886*365 / 2
=774.862 / 3698.886*365 / 2
=38.23

* 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.


FIH Mobile  (OTCPK:FXCNY) 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.

FIH Mobile'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.

FIH Mobile'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.


FIH Mobile Days Inventory Related Terms

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


FIH Mobile (FIH Mobile) Business Description

Traded in Other Exchanges
Address
No.4 Minsheng Street, Tucheng District, New Taipei City, TWN, 236
FIH Mobile Ltd is a provider of manufacturing services to the handset and wireless communications industry. The firm's services include product development and design, manufacturing and assembly, and after-sale maintenance and repairs. A majority of the firm's revenue is generated in Asia, with the rest coming from Europe and America region.

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