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Feroze1888 Mills (KAR:FML) Days Inventory : 140.08 (As of Dec. 2023)


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What is Feroze1888 Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Feroze1888 Mills's Average Total Inventories for the three months ended in Dec. 2023 was ₨22,453 Mil. Feroze1888 Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₨14,626 Mil. Hence, Feroze1888 Mills's Days Inventory for the three months ended in Dec. 2023 was 140.08.

The historical rank and industry rank for Feroze1888 Mills's Days Inventory or its related term are showing as below:

KAR:FML' s Days Inventory Range Over the Past 10 Years
Min: 83.45   Med: 95.49   Max: 134.47
Current: 134.47

During the past 13 years, Feroze1888 Mills's highest Days Inventory was 134.47. The lowest was 83.45. And the median was 95.49.

KAR:FML's Days Inventory is ranked worse than
52.27% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.01 vs KAR:FML: 134.47

Feroze1888 Mills's Days Inventory increased from Dec. 2022 (139.11) to Dec. 2023 (140.08). It might indicate that Feroze1888 Mills's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Feroze1888 Mills's Inventory Turnover for the three months ended in Dec. 2023 was 0.65.

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. Feroze1888 Mills's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.31.


Feroze1888 Mills Days Inventory Historical Data

The historical data trend for Feroze1888 Mills'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.

Feroze1888 Mills Days Inventory Chart

Feroze1888 Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.07 126.70 104.38 94.71 119.99

Feroze1888 Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 139.11 119.93 144.20 127.24 140.08

Competitive Comparison of Feroze1888 Mills's Days Inventory

For the Textile Manufacturing subindustry, Feroze1888 Mills'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.


Feroze1888 Mills's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feroze1888 Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Feroze1888 Mills's Days Inventory falls into.



Feroze1888 Mills Days Inventory Calculation

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

Feroze1888 Mills's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (11752.799 + 17238.65) / 2 ) / 44096.387*365
=14495.7245 / 44096.387*365
=119.99

Feroze1888 Mills's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (21789.809 + 23116.674) / 2 ) / 14626.303*365 / 4
=22453.2415 / 14626.303*365 / 4
=140.08

* 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.


Feroze1888 Mills  (KAR:FML) 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.

Feroze1888 Mills's Inventory Turnover for the three months ended in Dec. 2023 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.

Feroze1888 Mills's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=22453.2415 / 17139.17
=1.31

* 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.


Feroze1888 Mills Days Inventory Related Terms

Thank you for viewing the detailed overview of Feroze1888 Mills's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Feroze1888 Mills (KAR:FML) Business Description

Traded in Other Exchanges
N/A
Address
K&N Centre, 160 Banglore Town, 2nd and 3rd Floors, Shahrah -e-Faisal, Karachi, SD, PAK
Feroze1888 Mills Ltd is a Pakistan-based company manufactures and exports towels. Their product line includes bath towels, beach towels, and a kitchen section. Their bath towel product includes dobby, yarn dyed, and jacquard, while their kitchen section includes scrubber, flour sack, and basic. Geographically, it derives a majority of revenue from America and also has a presence in Europe; Asia; Australia, and Africa.

Feroze1888 Mills (KAR:FML) Headlines

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