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Forras Vagyonk (BUD:FORRAS.T) Days Inventory : 85.76 (As of Dec. 2023)


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What is Forras Vagyonk Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Forras Vagyonk's Average Total Inventories for the six months ended in Dec. 2023 was Ft4,010 Mil. Forras Vagyonk's Cost of Goods Sold for the six months ended in Dec. 2023 was Ft8,534 Mil. Hence, Forras Vagyonk's Days Inventory for the six months ended in Dec. 2023 was 85.76.

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

BUD:FORRAS.T' s Days Inventory Range Over the Past 10 Years
Min: 70.49   Med: 157.93   Max: 975.57
Current: 78.63

During the past 13 years, Forras Vagyonk's highest Days Inventory was 975.57. The lowest was 70.49. And the median was 157.93.

BUD:FORRAS.T's Days Inventory is ranked worse than
51.2% of 166 companies
in the Asset Management industry
Industry Median: 77.395 vs BUD:FORRAS.T: 78.63

Forras Vagyonk's Days Inventory declined from Dec. 2022 (143.36) to Dec. 2023 (85.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Forras Vagyonk's Inventory Turnover for the six months ended in Dec. 2023 was 2.13.

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. Forras Vagyonk's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.


Forras Vagyonk Days Inventory Historical Data

The historical data trend for Forras Vagyonk'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.

Forras Vagyonk Days Inventory Chart

Forras Vagyonk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.24 146.79 161.31 191.53 70.49

Forras Vagyonk Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 187.59 113.21 143.36 79.53 85.76

Competitive Comparison of Forras Vagyonk's Days Inventory

For the Asset Management subindustry, Forras Vagyonk'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.


Forras Vagyonk's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Forras Vagyonk's Days Inventory distribution charts can be found below:

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



Forras Vagyonk Days Inventory Calculation

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

Forras Vagyonk's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2821.318 + 3657.933) / 2 ) / 16775.212*365
=3239.6255 / 16775.212*365
=70.49

Forras Vagyonk's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4361.722 + 3657.933) / 2 ) / 8533.535*365 / 2
=4009.8275 / 8533.535*365 / 2
=85.76

* 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.


Forras Vagyonk  (BUD:FORRAS.T) 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.

Forras Vagyonk's Inventory Turnover for the six months ended in Dec. 2023 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.

Forras Vagyonk's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4009.8275 / 11903.591
=0.34

* 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.


Forras Vagyonk Days Inventory Related Terms

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


Forras Vagyonk (BUD:FORRAS.T) Business Description

Traded in Other Exchanges
Address
Bartok Bela ut 152, Budapest, HUN, 1113
Forras Vagyonk operates in the asset management industry in Hungary. The activities of the company include sale of existing portfolio, secure money and real estate market operations, and service delivery.

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