Fortune Asia Group (ASX:FYA) Days Inventory : 0.00 (As of Jun. 2018)

View and export this data going back to 2014. Start your Free Trial

What is Fortune Asia Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fortune Asia Group's Average Total Inventories for the six months ended in Jun. 2018 was A$0.00 Mil. Fortune Asia Group's Cost of Goods Sold for the six months ended in Jun. 2018 was A$0.00 Mil.

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

ASX:FYA's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

Fortune Asia Group's Days Inventory stayed the same from Jun. 2017 (0.00) to Jun. 2018 (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.

Fortune Asia Group Days Inventory Historical Data

The historical data trend for Fortune Asia 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.

Fortune Asia Group Days Inventory Chart

Fortune Asia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

Fortune Asia Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Fortune Asia Group's Days Inventory

For the Other Industrial Metals & Mining subindustry, Fortune Asia 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.

Fortune Asia Group's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortune Asia Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fortune Asia Group's Days Inventory falls into.

Fortune Asia Group Days Inventory Calculation

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

Fortune Asia Group's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Fortune Asia Group's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Fortune Asia Group (ASX:FYA) 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.

Fortune Asia Group's Inventory Turnover for the six months ended in Jun. 2018 is calculated as

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

Fortune Asia Group's Inventory to Revenue for the six months ended in Jun. 2018 is calculated as

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

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.

Fortune Asia Group Days Inventory Related Terms

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

Fortune Asia Group (ASX:FYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Asia Group Ltd (ASX:FYA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000

Website

http://www.ergau.com

Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

Fortune Asia Group (ASX:FYA) Headlines

No Headlines