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FHRT (First Hartford) Days Inventory : 58.57 (As of Apr. 2018)


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What is First Hartford Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Hartford's Average Total Inventories for the six months ended in Apr. 2018 was $9.43 Mil. First Hartford's Cost of Goods Sold for the six months ended in Apr. 2018 was $58.75 Mil. Hence, First Hartford's Days Inventory for the six months ended in Apr. 2018 was 29.29.

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

FHRT's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 687.065
* Ranked among companies with meaningful Days Inventory only.

First Hartford's Days Inventory declined from Apr. 2016 (65.10) to Apr. 2018 (58.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Hartford's Inventory Turnover for the six months ended in Apr. 2018 was 6.23.

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. First Hartford's Inventory-to-Revenue for the six months ended in Apr. 2018 was 0.11.


First Hartford Days Inventory Historical Data

The historical data trend for First Hartford'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.

First Hartford Days Inventory Chart

First Hartford Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.93 2.64 65.10 92.48 58.57

First Hartford Semi-Annual Data
Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
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 7.93 2.64 65.10 92.48 58.57

Competitive Comparison of First Hartford's Days Inventory

For the Real Estate - Development subindustry, First Hartford'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.


First Hartford's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hartford's Days Inventory distribution charts can be found below:

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



First Hartford Days Inventory Calculation

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

First Hartford's Days Inventory for the fiscal year that ended in Apr. 2018 is calculated as

Days Inventory (A: Apr. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2017 ) + Total Inventories (A: Apr. 2018 )) / count ) / Cost of Goods Sold (A: Apr. 2018 )*Days in Period
=( (11.39 + 7.465) / 2 ) / 58.75*365
=9.4275 / 58.75*365
=58.57

First Hartford's Days Inventory for the quarter that ended in Apr. 2018 is calculated as:

Days Inventory (Q: Apr. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2017 ) + Total Inventories (Q: Apr. 2018 )) / count ) / Cost of Goods Sold (Q: Apr. 2018 )*Days in Period
=( (11.39 + 7.465) / 2 ) / 58.75*365 / 2
=9.4275 / 58.75*365 / 2
=29.29

* 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.


First Hartford  (OTCPK:FHRT) 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.

First Hartford's Inventory Turnover for the six months ended in Apr. 2018 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.

First Hartford's Inventory to Revenue for the six months ended in Apr. 2018 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.


First Hartford Days Inventory Related Terms

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


First Hartford Business Description

Traded in Other Exchanges
N/A
Address
149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. The company is engaged in the purchase, development, ownership, management, and sale of real estate. The company is engaged in two business segments namely Real Estate Operations and Fee for Service. The company generates maximum revenue from the Real Estate Operations segment.
Executives
Neil H Ellis director, 10 percent owner, officer: President PO BOX 1270 149 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Barbara K Filippelli 10 percent owner 23 LAKEVIEW DR, PAWLING NY 12564
John Filippelli 10 percent owner 23 LAKEVIEW DRIVE, PAWLING NY 12564
Stuart I Greenwald director, officer: Secretary/Treasurer PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Daniel B Harding director, officer: Vice President PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270

First Hartford Headlines

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