FTDL (FirsTime Design) Change In Inventory: $0.16 Mil (TTM As of Dec. 2012)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is FirsTime Design Change In Inventory?

FirsTime Design FTDL Change In Inventory is $0.16 Mil as of Dec. 2012.

FirsTime Design's change in inventory for the quarter that ended in Dec. 2012 was $0.71 Mil. It means FirsTime Design's inventory declined by $0.71 Mil from Sep. 2012 to Dec. 2012 .

FirsTime Design's change in inventory for the fiscal year that ended in Dec. 2012 was $0.16 Mil. It means FirsTime Design's inventory declined by $0.16 Mil from Dec. 2011 to Dec. 2012 .

FirsTime Design's Total Inventories for the quarter that ended in Dec. 2012 was $1.04 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FirsTime Design's Days Inventory for the quarter that ended in Dec. 2012 was 50.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. FirsTime Design's Inventory Turnover for the quarter that ended in Dec. 2012 was 1.82.

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. FirsTime Design's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 0.46.


FirsTime Design  (OTCPK:FTDL) Change In Inventory Explanation

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

FirsTime Design's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.1885/2.166*365 / 4
=50.07

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

FirsTime Design's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

3. 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.

FirsTime Design's Inventory to Revenue for the quarter that ended in Dec. 2012 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.


FirsTime Design Change In Inventory Related Terms


FirsTime Design Change In Inventory Historical Data

* Premium members only.

The historical data trend for FirsTime Design's Change In 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.

FirsTime Design Change In Inventory Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.85 0.65 0.33 0.16

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
Change In 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 -0.25 0.25 -0.64 -0.16 0.71

FirsTime Design Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.16 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.16 Mil mean?
FirsTime Design (FTDL) has a Change In Inventory of $0.16 Mil as of Dec. 2012. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for FirsTime Design and its competitors.
Is FirsTime Design's Change In Inventory too high?
FirsTime Design's current Change In Inventory is $0.16 Mil.
How does FirsTime Design's Change In Inventory compare to EFOI?
FirsTime Design's Change In Inventory of $0.16 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Furnishings, Fixtures & Appliances company?
A good Change In Inventory depends on the Furnishings, Fixtures & Appliances industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for FirsTime Design and its competitors. FirsTime Design's current Change In Inventory is $0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirsTime Design stock overvalued right now?
FirsTime Design (FTDL) has a current Change In Inventory of $0.16 Mil. The current Change In Inventory is $0.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For FirsTime Design (FTDL), the current Change In Inventory is $0.16 Mil as of Dec. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FirsTime Design Business Description

Address W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.