GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (NYSE:FDX) » Definitions » Days Inventory

FedEx (FDX) Days Inventory : 3.24 (As of Feb. 2025)


View and export this data going back to 1978. Start your Free Trial

What is FedEx Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FedEx's Average Total Inventories for the three months ended in Feb. 2025 was $619 Mil. FedEx's Cost of Goods Sold for the three months ended in Feb. 2025 was $17,429 Mil. Hence, FedEx's Days Inventory for the three months ended in Feb. 2025 was 3.24.

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

FDX' s Days Inventory Range Over the Past 10 Years
Min: 3.05   Med: 3.63   Max: 4.53
Current: 3.28

During the past 13 years, FedEx's highest Days Inventory was 4.53. The lowest was 3.05. And the median was 3.63.

FDX's Days Inventory is ranked better than
77.71% of 785 companies
in the Transportation industry
Industry Median: 12.12 vs FDX: 3.28

FedEx's Days Inventory declined from Feb. 2024 (3.37) to Feb. 2025 (3.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. FedEx's Inventory Turnover for the three months ended in Feb. 2025 was 28.18.

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. FedEx's Inventory-to-Revenue for the three months ended in Feb. 2025 was 0.03.


FedEx Days Inventory Historical Data

The historical data trend for FedEx'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.

FedEx Days Inventory Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 3.20 3.05 3.19 3.23

FedEx Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 3.37 3.37 3.25 3.23 3.24

Competitive Comparison of FedEx's Days Inventory

For the Integrated Freight & Logistics subindustry, FedEx'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.


FedEx's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Days Inventory distribution charts can be found below:

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


;
;

FedEx Days Inventory Calculation

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

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

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (604 + 614) / 2 ) / 68741*365
=609 / 68741*365
=3.23

FedEx's Days Inventory for the quarter that ended in Feb. 2025 is calculated as:

Days Inventory (Q: Feb. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count ) / Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=( (620 + 617) / 2 ) / 17429*365 / 4
=618.5 / 17429*365 / 4
=3.24

* 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.


FedEx  (NYSE:FDX) 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.

FedEx's Inventory Turnover for the three months ended in Feb. 2025 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.

FedEx's Inventory to Revenue for the three months ended in Feb. 2025 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.


FedEx Days Inventory Related Terms

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


FedEx Business Description

Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
Executives
Susan C Schwab director 2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith officer: President/CEO FedEx Express 3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
John W Dietrich officer: EVP CHIEF FINANCIAL OFF
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Brie Carere officer: EVP/Chief Mkt & Comm Officer 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Sriram Krishnasamy officer: EVP - CTO & CEO Dataworks 1715 AARON BRENNER DRIVE, MEMPHIS TN 38120
Marvin R Ellison director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Erwin Guy M Ii officer: STAFF VP INT PRIN ACCT OFFICER 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
Mark R Allen officer: EVP GENL COUNSEL/SECTY 942 SOUTH SHADY GROVE RD, MEMPHIS TN 38120
Robert B Carter officer: EVP CHIEF INFO OFFICER 942 S SHADY GROVE RD, MEMPHIS TN 38120
Paul S Walsh director 8 HENRIETTA PLACE, LONDON X0 94111
Frederick W Smith director, officer: CHAIRMAN OF THE BOARD 942 S SHADY GROVE RD, MEMPHIS TN 38120
Tracy B Brightman officer: EVP - Chief People Officer 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Rajesh Subramaniam officer: EVP/Chief Mkt & Comm Officer 165 MADISON AVE, MEMPHIS TN 38103