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Favo Capital (Favo Capital) Days Inventory : 0.00 (As of Sep. 2023)


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What is Favo Capital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Favo Capital's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Favo Capital's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.48 Mil. Hence, Favo Capital's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

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

Favo Capital's Days Inventory stayed the same from Sep. 2013 (0.00) to Sep. 2023 (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. Favo Capital's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Favo Capital Days Inventory Historical Data

The historical data trend for Favo Capital'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.

Favo Capital Days Inventory Chart

Favo Capital Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
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Favo Capital Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Sep22 Sep23
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Competitive Comparison of Favo Capital's Days Inventory

For the Credit Services subindustry, Favo Capital'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.


Favo Capital's Days Inventory Distribution in the Credit Services Industry

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

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



Favo Capital Days Inventory Calculation

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

Favo Capital's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0 + 0) / 1 ) / 0.003*365
=0 / 0.003*365
=0.00

Favo Capital's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 1.481*365 / 4
=0 / 1.481*365 / 4
=0.00

* 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.


Favo Capital  (OTCPK:FAVO) 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.

Favo Capital's Inventory Turnover for the three months ended in Sep. 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.

Favo Capital's Inventory to Revenue for the three months ended in Sep. 2023 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.


Favo Capital Days Inventory Related Terms

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


Favo Capital (Favo Capital) Business Description

Traded in Other Exchanges
N/A
Address
1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590
Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.

Favo Capital (Favo Capital) Headlines

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