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First Growth Holdings (FRA:FGH) Days Inventory : 102.30 (As of Mar. 2017)


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What is First Growth Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Growth Holdings's Average Total Inventories for the three months ended in Mar. 2017 was €0.32 Mil. First Growth Holdings's Cost of Goods Sold for the three months ended in Mar. 2017 was €0.29 Mil. Hence, First Growth Holdings's Days Inventory for the three months ended in Mar. 2017 was 102.30.

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

FRA:FGH' s Days Inventory Range Over the Past 10 Years
Min: 59.78   Med: 104.9   Max: 198.78
Current: 59.78

During the past 5 years, First Growth Holdings's highest Days Inventory was 198.78. The lowest was 59.78. And the median was 104.90.

FRA:FGH's Days Inventory is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 160.6 vs FRA:FGH: 59.78

First Growth Holdings's Days Inventory declined from Mar. 2016 (107.43) to Mar. 2017 (102.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Growth Holdings's Inventory Turnover for the three months ended in Mar. 2017 was 0.89.

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 Growth Holdings's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.93.


First Growth Holdings Days Inventory Historical Data

The historical data trend for First Growth Holdings'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 Growth Holdings Days Inventory Chart

First Growth Holdings Annual Data
Trend Mar12 Mar13 Jun14 Jun15 Jun16
Days Inventory
- - 201.16 196.01 108.31

First Growth Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 107.43 38.63 60.78 125.37 102.30

Competitive Comparison of First Growth Holdings's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, First Growth Holdings'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 Growth Holdings's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, First Growth Holdings's Days Inventory distribution charts can be found below:

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



First Growth Holdings Days Inventory Calculation

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

First Growth Holdings's Days Inventory for the fiscal year that ended in Jun. 2016 is calculated as

Days Inventory (A: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2015 ) + Total Inventories (A: Jun. 2016 )) / count ) / Cost of Goods Sold (A: Jun. 2016 )*Days in Period
=( (1.899 + 0.65) / 2 ) / 4.295*365
=1.2745 / 4.295*365
=108.31

First Growth Holdings's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (0.406 + 0.242) / 2 ) / 0.289*365 / 4
=0.324 / 0.289*365 / 4
=102.30

* 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 Growth Holdings  (FRA:FGH) 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 Growth Holdings's Inventory Turnover for the three months ended in Mar. 2017 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 Growth Holdings's Inventory to Revenue for the three months ended in Mar. 2017 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 Growth Holdings Days Inventory Related Terms

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


First Growth Holdings Business Description

Traded in Other Exchanges
N/A
Address
First Growth Holdings Ltd is primarily in the business of distribution, marketing, and sale of grape wine products. The company has two geographic segments: Canadian operations and China operation.