FVRG (ForeverGreen Worldwide) Days Inventory : 31.00 (As of Dec. 2018)

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What is ForeverGreen Worldwide Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ForeverGreen Worldwide's Average Total Inventories for the three months ended in Dec. 2018 was $0.51 Mil. ForeverGreen Worldwide's Cost of Goods Sold for the three months ended in Dec. 2018 was $1.50 Mil. Hence, ForeverGreen Worldwide's Days Inventory for the three months ended in Dec. 2018 was 31.00.

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

FVRG's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 83.44
* Ranked among companies with meaningful Days Inventory only.

ForeverGreen Worldwide's Days Inventory declined from Dec. 2017 (94.72) to Dec. 2018 (31.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. ForeverGreen Worldwide's Inventory Turnover for the three months ended in Dec. 2018 was 2.94.

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. ForeverGreen Worldwide's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.27.

ForeverGreen Worldwide Days Inventory Historical Data

The historical data trend for ForeverGreen Worldwide'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.

ForeverGreen Worldwide Days Inventory Chart

ForeverGreen Worldwide Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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45.19

41.82

55.72

87.82

63.32

ForeverGreen Worldwide Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial															94.72	72.09	80.43	136.64	31.00

Competitive Comparison of ForeverGreen Worldwide's Days Inventory

For the Packaged Foods subindustry, ForeverGreen Worldwide'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.

ForeverGreen Worldwide's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ForeverGreen Worldwide's Days Inventory distribution charts can be found below:

* The bar in red indicates where ForeverGreen Worldwide's Days Inventory falls into.

ForeverGreen Worldwide Days Inventory Calculation

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

ForeverGreen Worldwide's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0.719	+	0.427)	/	2 )	/	3.303	*	365
=	0.573					/	3.303	*	365
=	63.32

ForeverGreen Worldwide's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0.593	+	0.427)	/	2 )	/	1.501	*	365 / 4
=	0.51					/	1.501	*	365 / 4
=	31.00

ForeverGreen Worldwide (GREY:FVRG) 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.

ForeverGreen Worldwide's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.501	/	0.51
	=	2.94

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.

ForeverGreen Worldwide's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.51	/	1.922
	=	0.27

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.

ForeverGreen Worldwide Days Inventory Related Terms

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

ForeverGreen Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » ForeverGreen Worldwide Corp (GREY:FVRG) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

632 North 2000 West, Suite 101, Lindon, UT, USA, 84042

Website

http://www.forevergreen.org

ForeverGreen Worldwide Corp is a United States based holding company. Through its subsidiary, the Company is engaged in the development, manufacturing, and marketing of a comprehensive line of, meal replacements shakes, nutritional beverages, and marine phytoplankton products. The group offers its products to the United States, Canada, Australia, New Zealand, Singapore, Japan, the United Kingdom, and Germany, among others. Its sources of revenue are from the sale of various food and other natural product sales and royalties earned. The product portfolio of the group comprises AIM; FIXX; Pure-EU; Pulse-8; Prodigy-5, PowerStrips and FrequenSea PRO.