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FTDL (FirsTime Design) Days Inventory : 50.07 (As of Dec. 2012)


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What is FirsTime Design Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FirsTime Design's Average Total Inventories for the three months ended in Dec. 2012 was $1.19 Mil. FirsTime Design's Cost of Goods Sold for the three months ended in Dec. 2012 was $2.17 Mil. Hence, FirsTime Design's Days Inventory for the three months ended in Dec. 2012 was 50.07.

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

FTDL's Days Inventory is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 101.76
* Ranked among companies with meaningful Days Inventory only.

FirsTime Design's Days Inventory declined from Dec. 2011 (85.80) to Dec. 2012 (50.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. FirsTime Design's Inventory Turnover for the three months ended in Dec. 2012 was 1.82.

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. FirsTime Design's Inventory-to-Revenue for the three months ended in Dec. 2012 was 0.46.


FirsTime Design Days Inventory Historical Data

The historical data trend for FirsTime Design'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.

FirsTime Design Days Inventory Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.24 137.32 124.69 121.60 62.41

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 85.80 76.68 90.10 90.07 50.07

Competitive Comparison of FirsTime Design's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, FirsTime Design'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.


FirsTime Design's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FirsTime Design's Days Inventory distribution charts can be found below:

* The bar in red indicates where FirsTime Design's Days Inventory falls into.



FirsTime Design Days Inventory Calculation

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

FirsTime Design's Days Inventory for the fiscal year that ended in Dec. 2012 is calculated as

Days Inventory (A: Dec. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (1.009 + 1.039) / 2 ) / 5.989*365
=1.024 / 5.989*365
=62.41

FirsTime Design's Days Inventory for the quarter that ended in Dec. 2012 is calculated as:

Days Inventory (Q: Dec. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2012 ) + Total Inventories (Q: Dec. 2012 )) / count ) / Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=( (1.338 + 1.039) / 2 ) / 2.166*365 / 4
=1.1885 / 2.166*365 / 4
=50.07

* 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.


FirsTime Design  (OTCPK:FTDL) 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.

FirsTime Design's Inventory Turnover for the three months ended in Dec. 2012 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.

FirsTime Design's Inventory to Revenue for the three months ended in Dec. 2012 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.


FirsTime Design Days Inventory Related Terms

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


FirsTime Design Business Description

Traded in Other Exchanges
N/A
Address
W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.
Executives
Thomas G Berlin 10 percent owner 37500 EAGLE ROAD, WILLOGHBY HILLS OH 44094
Douglas M Schosser director 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306

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