The historical rank and industry rank for Fortune International's Days Inventory or its related term are showing as below:
BOM:530213's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.47 * Ranked among companies with meaningful Days Inventory only.
Fortune International's Days Inventory
stayed the same
from Dec. 2023 (0.00) to Dec. 2024 (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 International Days Inventory Historical Data
The historical data trend for Fortune International'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.
Competitive Comparison of Fortune International's Days Inventory
For the Specialty Business Services subindustry, Fortune International'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 International's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Fortune International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fortune International's Days Inventory falls into.
Fortune International Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fortune International's Days Inventory for the fiscal year that ended in Mar. 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.
Fortune International (BOM:530213) 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 International's Inventory Turnover for the
three
months ended in Dec. 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.
Fortune International's Inventory to Revenue for the
three
months ended in Dec. 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.
Fortune International Days Inventory Related Terms
Thank you for viewing the detailed overview of Fortune International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortune International Ltd is engaged in the business of procuring, trading and exporting a number of product groups including engineering goods, commodities to different countries. It acts as a Trading House, Agents, business consultants, that give advice, to engage in the dissemination of information in all aspects of business, organization, and industry.
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