Days Inventory is also known as Days Sales of Inventory (DSI). FGI Industries's Average Total Inventories for the
three
months ended in Sep. 2024 was $13.3 Mil. FGI Industries's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $26.8 Mil.
Hence, FGI Industries's Days Inventory for the
three
months ended in Sep. 2024 was 45.28.
The historical rank and industry rank for FGI Industries's Days Inventory or its related term are showing as below:
FGI'
s Days Inventory Range Over the Past 10 Years
Min: 30.18 Med: 36.04 Max: 49.75
Current: 46.05
During the past 5 years, FGI Industries's highest Days Inventory was 49.75. The lowest was 30.18. And the median was 36.04.
FGI's Days Inventory is ranked better than 88.67% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 102.4
vs FGI: 46.05
FGI Industries's Days Inventory
increased
from Sep. 2023 (40.18) to Sep. 2024 (45.28).
It might indicate that FGI Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
FGI Industries's Inventory Turnover for the
three
months ended in Sep. 2024 was 2.02.
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.
FGI Industries's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.37.
FGI Industries Days Inventory Historical Data
The historical data trend for FGI Industries'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 FGI Industries's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, FGI Industries'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.
FGI Industries's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FGI Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where FGI Industries's Days Inventory falls into.
FGI Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
FGI Industries's Days Inventory for the fiscal year that ended in Dec. 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.
FGI Industries (NAS:FGI) 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.
FGI Industries's Inventory Turnover for the
three
months ended in Sep. 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.
FGI Industries's Inventory to Revenue for the
three
months ended in Sep. 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.
FGI Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of FGI Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
FGI Industries Ltd is a supplier of kitchen and bath products. It offers sanitaryware, bath furniture, shower systems, customer kitchen cabinetry, and other accessory items. It is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. its revenue is generated by sanitaryware. Geographically it operates in the United States, Canada, Europe, Rest of the World, and the majority of its revenue comes from the United States.
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