FRPC (First Republic of America) Days Inventory: 45.48 (As of Mar. 2004)


What is First Republic of America Days Inventory?

First Republic of America FRPC Days Inventory is 45.48 as of Mar. 2004.

Days Inventory is also known as Days Sales of Inventory (DSI). First Republic of America's Average Total Inventories for the three months ended in Mar. 2004 was $4.12 Mil. First Republic of America's Cost of Goods Sold for the three months ended in Mar. 2004 was $8.26 Mil. Hence, First Republic of America's Days Inventory for the three months ended in Mar. 2004 was 45.48.

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

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

First Republic of America's Days Inventory declined from Mar. 2003 (87.74) to Mar. 2004 (45.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Republic of America's Inventory Turnover for the three months ended in Mar. 2004 was 2.01.

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 Republic of America's Inventory-to-Revenue for the three months ended in Mar. 2004 was 0.35.

First Republic of America  (OTCPK:FRPC) 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 Republic of America's Inventory Turnover for the three months ended in Mar. 2004 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=8.262 / 4.118
=2.01

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 Republic of America's Inventory to Revenue for the three months ended in Mar. 2004 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4.118 / 11.849
=0.35

* 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 Republic of America Days Inventory Related Terms

First Republic of America Days Inventory Historical Data

* Premium members only.

The historical data trend for First Republic of America'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.

First Republic of America Days Inventory Chart

First Republic of America Annual Data
Trend Jun01 Jun02 Jun03
Days Inventory
64.75 64.12 65.33

First Republic of America Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.74 68.14 92.77 59.20 45.48

First Republic of America Days Inventory Competitor Comparison

For the Specialty Business Services subindustry, First Republic of America'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 Republic of America Days Inventory vs Business Services Industry

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

* The bar in red indicates where First Republic of America's Days Inventory falls into.


First Republic of America Days Inventory Calculation

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

First Republic of America's Days Inventory for the fiscal year that ended in Jun. 2003 is calculated as

Days Inventory (A: Jun. 2003 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2002 ) + Total Inventories (A: Jun. 2003 )) / count ) / Cost of Goods Sold (A: Jun. 2003 )*Days in Period
=( (7.406 + 7.489) / 2 ) / 41.609*365
=7.4475 / 41.609*365
=65.33

First Republic of America's Days Inventory for the quarter that ended in Mar. 2004 is calculated as:

Days Inventory (Q: Mar. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2003 ) + Total Inventories (Q: Mar. 2004 )) / count ) / Cost of Goods Sold (Q: Mar. 2004 )*Days in Period
=( (4.563 + 3.673) / 2 ) / 8.262*365 / 4
=4.118 / 8.262*365 / 4
=45.48

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 45.48 mean?
First Republic of America (FRPC) has a Days Inventory of 45.48 as of Mar. 2004. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on First Republic of America and its competitors.
Is First Republic of America's Days Inventory too high?
First Republic of America's current Days Inventory is 45.48. The Business Services industry median Days Inventory is 25.24. First Republic of America's value of 45.48 is 80.2% above this industry median.
How does First Republic of America's Days Inventory compare to competitors?
First Republic of America's Days Inventory of 45.48 can be compared against companies in the Business Services industry. The industry median Days Inventory is 25.24. First Republic of America's value of 45.48 is 80.2% above this benchmark. 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 675 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. First Republic of America's current Days Inventory of 45.48 is 80.2% above the industry median. 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 Republic of America 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 Republic of America's current Days Inventory is 45.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic of America stock overvalued right now?
First Republic of America (FRPC) has a current Days Inventory of 45.48. The current Days Inventory is 45.48 and 80.2% above the Business Services industry median of 25.24. 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 Republic of America (FRPC), the current Days Inventory is 45.48 as of Mar. 2004. 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.