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Ferguson (LSE:FERG) Days Inventory : 81.07 (As of Jan. 2024)


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What is Ferguson Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ferguson's Average Total Inventories for the three months ended in Jan. 2024 was £3,247 Mil. Ferguson's Cost of Goods Sold for the three months ended in Jan. 2024 was £3,655 Mil. Hence, Ferguson's Days Inventory for the three months ended in Jan. 2024 was 81.07.

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

LSE:FERG' s Days Inventory Range Over the Past 10 Years
Min: 60.99   Med: 67.52   Max: 81.71
Current: 72.2

During the past 13 years, Ferguson's highest Days Inventory was 81.71. The lowest was 60.99. And the median was 67.52.

LSE:FERG's Days Inventory is ranked better than
60.14% of 143 companies
in the Industrial Distribution industry
Industry Median: 88.3 vs LSE:FERG: 72.20

Ferguson's Days Inventory declined from Jan. 2023 (83.75) to Jan. 2024 (81.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ferguson's Inventory Turnover for the three months ended in Jan. 2024 was 1.13.

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. Ferguson's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.62.


Ferguson Days Inventory Historical Data

The historical data trend for Ferguson'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.

Ferguson Days Inventory Chart

Ferguson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.06 68.26 73.91 66.09 75.39

Ferguson Quarterly Data
Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 83.75 76.05 68.23 66.10 81.07

Competitive Comparison of Ferguson's Days Inventory

For the Industrial Distribution subindustry, Ferguson'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.


Ferguson's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson's Days Inventory distribution charts can be found below:

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



Ferguson Days Inventory Calculation

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

Ferguson's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (3613.722 + 3024.848) / 2 ) / 16070.184*365
=3319.285 / 16070.184*365
=75.39

Ferguson's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (3371.026 + 3122.816) / 2 ) / 3654.828*365 / 4
=3246.921 / 3654.828*365 / 4
=81.07

* 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.


Ferguson  (LSE:FERG) 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.

Ferguson's Inventory Turnover for the three months ended in Jan. 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.

Ferguson's Inventory to Revenue for the three months ended in Jan. 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.


Ferguson Days Inventory Related Terms

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


Ferguson (LSE:FERG) Business Description

Traded in Other Exchanges
Address
1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS
Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.

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