FIFG (First Foods Group) Days Inventory: 0.00 (As of Sep. 2023)

What is First Foods Group Days Inventory?

First Foods Group FIFG -99.50% Days Inventory is 0.00 as of Sep. 2023.

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

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

FIFG's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 25.24
* Ranked among companies with meaningful Days Inventory only.

First Foods Group's Days Inventory declined from Sep. 2022 (436.70) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Foods Group's Inventory Turnover for the three months ended in Sep. 2023 was 0.00.

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 Foods Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

First Foods Group (OTCPK:FIFG) 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 Foods Group's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	6.9388939039072E-18
	=	0.00

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 Foods Group's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.9388939039072E-18	/	0.001
	=	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.

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 Foods Group Days Inventory Related Terms

First Foods Group Days Inventory Historical Data

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The historical data trend for First Foods Group's Days Inventory can be seen below:

First Foods Group Days Inventory Chart

First Foods Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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0.00

191.19

297.21

80.68

130.03

First Foods Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															436.70	47.05	0.00	0.00	0.00

FIFG vs BLIS, JFIL, FRTG: Days Inventory Comparison

For the Specialty Business Services subindustry, First Foods Group'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 Foods Group Days Inventory vs Business Services Industry

For the Business Services industry and Industrials sector, First Foods Group's Days Inventory distribution charts can be found below:

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

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First Foods Group Days Inventory Calculation

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

First Foods Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.057	+	6.9388939039072E-18)	/	2 )	/	0.08	*	365
=	0.0285					/	0.08	*	365
=	130.03

First Foods Group'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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (6.9388939039072E-18	+	6.9388939039072E-18)	/	2 )	/	0	*	365 / 4
=	6.9388939039072E-18					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

First Foods Group (FIFG) has a Days Inventory of 0.00 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on First Foods Group and its competitors.

Is First Foods Group's Days Inventory too high?

First Foods Group's current Days Inventory is 0.00.

How does First Foods Group's Days Inventory compare to BLIS and JFIL?

First Foods Group's Days Inventory of 0.00 can be compared against companies in the Business Services industry. The industry median Days Inventory is 25.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for a Business Services company?

The median Days Inventory among Business Services companies is 25.24, based on 673 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on First Foods Group and its competitors. For the Business Services industry, the median Days Inventory is 25.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Foods Group's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Foods Group stock overvalued right now?

First Foods Group (FIFG) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For First Foods Group (FIFG), the current Days Inventory is 0.00 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Foods Group Business Description

Industry Industrials Business Services

Comparable Companies BLIS JFIL FRTG SMX ELVG ADMQ GPOX LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA DLB LSE:ITRK TSE:7911

Address c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014

Website https://www.firstfoodsgroup.com

First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.