FAMI (Farmmi) Days Inventory : 125.77 (As of Sep. 2024)

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What is Farmmi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Farmmi's Average Total Inventories for the six months ended in Sep. 2024 was $17.89 Mil. Farmmi's Cost of Goods Sold for the six months ended in Sep. 2024 was $25.96 Mil. Hence, Farmmi's Days Inventory for the six months ended in Sep. 2024 was 125.77.

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

FAMI' s Days Inventory Range Over the Past 10 Years
Min: 4.06 Med: 25.17 Max: 80.13
Current: 80.13

During the past 10 years, Farmmi's highest Days Inventory was 80.13. The lowest was 4.06. And the median was 25.17.

FAMI's Days Inventory is ranked better than
51.07% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 81.54 vs FAMI: 80.13

Farmmi's Days Inventory increased from Sep. 2023 (8.31) to Sep. 2024 (125.77). It might indicate that Farmmi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Farmmi's Inventory Turnover for the six months ended in Sep. 2024 was 1.45.

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. Farmmi's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.65.

Farmmi Days Inventory Historical Data

The historical data trend for Farmmi'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.

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Farmmi Days Inventory Chart

Farmmi Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Inventory

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12.18

7.99

4.06

7.94

28.45

Farmmi Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial														10.07	1.81	8.31	90.99	125.77

Competitive Comparison of Farmmi's Days Inventory

For the Packaged Foods subindustry, Farmmi'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.

Farmmi's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Farmmi's Days Inventory distribution charts can be found below:

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

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Farmmi Days Inventory Calculation

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

Farmmi's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

	Days Inventory (A: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (3.902	+	5.491)	/	2 )	/	60.257	*	365
=	4.6965					/	60.257	*	365
=	28.45

Farmmi's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (30.294	+	5.491)	/	2 )	/	25.963	*	365 / 2
=	17.8925					/	25.963	*	365 / 2
=	125.77

Farmmi (NAS:FAMI) 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.

Farmmi's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25.963	/	17.8925
	=	1.45

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.

Farmmi's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.8925	/	27.687
	=	0.65

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.

Farmmi Days Inventory Related Terms

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

Farmmi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farmmi Inc (NAS:FAMI) » Definitions » Days Inventory

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Traded in Other Exchanges

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Address

888 Tianning Street, Floor 1, Building No. 1, Liandu District, Zhejiang Province, Lishui, CHN, 323000

Website

http://farmmi.com

Farmmi Inc is an investment holding company. Through its subsidiaries, it acts as a supplier of agricultural products. It is an agricultural technology enterprise focused on its supply chain platform by promoting edible mushroom products and agriculture technology. Its product offerings include tapioca, corn, red dates, shiitake mushrooms, mu er fungus, other edible fungi, and other agricultural products. Geographically, the company's products are sold in China, Southeast Asia, Japan, North America, Europe, and the Middle East under the Forasen and Farmmi brands.