FE Investments Group (ASX:FEI) Days Inventory : 0.00 (As of Sep. 2019)

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What is FE Investments Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FE Investments Group's Average Total Inventories for the six months ended in Sep. 2019 was A$0.00 Mil. FE Investments Group's Cost of Goods Sold for the six months ended in Sep. 2019 was A$1.08 Mil. Hence, FE Investments Group's Days Inventory for the six months ended in Sep. 2019 was 0.00.

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

ASX:FEI's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 40.39
* Ranked among companies with meaningful Days Inventory only.

FE Investments Group's Days Inventory stayed the same from Sep. 2018 (0.00) to Sep. 2019 (0.00).

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

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. FE Investments Group's Inventory-to-Revenue for the six months ended in Sep. 2019 was 0.00.

FE Investments Group Days Inventory Historical Data

The historical data trend for FE Investments Group'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.

FE Investments Group Days Inventory Chart

FE Investments Group Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Mar18

Days Inventory

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398.89

96.63

FE Investments Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19
Days Inventory	Get a 7-Day Free Trial															32.91	12.42	-	-	-

Competitive Comparison of FE Investments Group's Days Inventory

For the Credit Services subindustry, FE Investments Group'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.

FE Investments Group's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FE Investments Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where FE Investments Group's Days Inventory falls into.

FE Investments Group Days Inventory Calculation

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

FE Investments Group's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

	Days Inventory (A: Mar. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2018 )	*	Days in Period
=	( (1.024	+	0)	/	1 )	/	3.868	*	365
=	1.024					/	3.868	*	365
=	96.63

FE Investments Group's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

	Days Inventory (Q: Sep. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.075	*	365 / 2
=	0					/	1.075	*	365 / 2
=	0.00

FE Investments Group (ASX:FEI) 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.

FE Investments Group's Inventory Turnover for the six months ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.075	/	0
	=

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.

FE Investments Group's Inventory to Revenue for the six months ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.798
	=	0.00

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.

FE Investments Group Days Inventory Related Terms

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FE Investments Group (ASX:FEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FE Investments Group Ltd (ASX:FEI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Miller Street, Level 32, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.feigroup.com.au

FE Investments Group Ltd a financial services company. It is operating as a non-bank deposit taker with deposit-taking licence issued by the reserve bank of New Zealand. It is organized into two reporting segments, being Lending Products and Leasing. The Lending Products segment. The company's focus is the leasing of business equipment and technology products for the SME market. The company accepts deposits from the New Zealand public and lends to the SME sector in New Zealand and Australia. It provides financing facilities in the form of lease financing, term loans, working capital facilities, stock funding, trade finance and business micro-loans. Approximately, 98% of the company's revenue is generated in New Zealand.