FastJet (LSE:FJET) Days Inventory: 1.38 (As of Jun. 2019) — 41% Below Median

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What is FastJet Days Inventory?

FastJet LSE:FJET +7.14% Days Inventory is 1.38 as of Jun. 2019, which is 41% below its 10-year median of 2.35. The stock has 7 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). FastJet's Average Total Inventories for the six months ended in Jun. 2019 was £0.11 Mil. FastJet's Cost of Goods Sold for the six months ended in Jun. 2019 was £14.47 Mil. Hence, FastJet's Days Inventory for the six months ended in Jun. 2019 was 1.38.

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

LSE:FJET' s Days Inventory Range Over the Past 10 Years
Min: 1   Med: 2.35   Max: 3.69
Current: 0.99

During the past 8 years, FastJet's highest Days Inventory was 3.69. The lowest was 1.00. And the median was 2.35.

LSE:FJET's Days Inventory is not ranked
in the Transportation industry.
Industry Median: 12.4 vs LSE:FJET: 0.99

FastJet's Days Inventory increased from Jun. 2018 (0.00) to Jun. 2019 (1.38). It might indicate that FastJet's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FastJet's Inventory Turnover for the six months ended in Jun. 2019 was 132.16.

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. FastJet's Inventory-to-Revenue for the six months ended in Jun. 2019 was 0.01.


FastJet  (LSE:FJET) 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.

FastJet's Inventory Turnover for the six months ended in Jun. 2019 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.

FastJet's Inventory to Revenue for the six months ended in Jun. 2019 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.


FastJet Days Inventory Related Terms


FastJet Days Inventory Historical Data

* Premium members only.

The historical data trend for FastJet'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.

FastJet Days Inventory Chart

FastJet Annual Data
Trend Jun11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial 3.52 0.00 0.00 0.00 1.00

FastJet Semi-Annual Data
Jun11 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 0.00 0.00 0.00 0.77 1.38

LSE:FJET vs LUV, DAL, UAL: Days Inventory Comparison

For the Airlines subindustry, FastJet'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.


FastJet Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, FastJet's Days Inventory distribution charts can be found below:

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



FastJet Days Inventory Calculation

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

FastJet'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 + 0.109) / 1 ) / 39.716*365
=0.109 / 39.716*365
=1.00

FastJet's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0.109 + 0.11) / 2 ) / 14.471*365 / 2
=0.1095 / 14.471*365 / 2
=1.38

* 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 1.38 mean?
FastJet (LSE:FJET) has a Days Inventory of 1.38 as of Jun. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FastJet and its competitors. This is 41% below median its historical median of 2.35. Over the past decade, FastJet's Days Inventory has ranged from 1.00 to 3.69.
Is FastJet's Days Inventory too high?
FastJet's current Days Inventory of 1.38 is 41% below median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 3.69. The Transportation industry median Days Inventory is 12.40. FastJet's value of 1.38 is 88.9% below this industry median.
How does FastJet's Days Inventory compare to LUV and DAL?
FastJet's Days Inventory of 1.38 can be compared against companies in the Transportation industry. The industry median Days Inventory is 12.40. FastJet's value of 1.38 is 88.9% below this benchmark. Historically, FastJet's own Days Inventory has ranged from 1.00 to 3.69 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 12.40, FastJet has consistently been below the industry average. 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 Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 802 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. FastJet's current Days Inventory of 1.38 is 88.9% below 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 FastJet and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FastJet's current Days Inventory is 1.38, which is 41% below median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FastJet stock overvalued right now?
FastJet (LSE:FJET) has a current Days Inventory of 1.38. The current Days Inventory is 1.38, which is 41% below median its 10-year median of 2.35 and 88.9% below the Transportation industry median of 12.40. 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 FastJet (LSE:FJET), the current Days Inventory is 1.38 as of Jun. 2019. 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.

FastJet Business Description

Address 60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
FastJet PLC is engaged in the business of providing airline services under fastjet brand. The company's geographical segments include Zimbabwe, Mozambique as well as Central and Federal Airlines. Its revenue consists of Passenger, Charter, Ancillary services, Cargo and Other revenue.