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Future Enterprises (NSE:FEL) Days Inventory : 50.69 (As of Mar. 2022)


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What is Future Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Future Enterprises's Average Total Inventories for the three months ended in Mar. 2022 was ₹3,764 Mil. Future Enterprises's Cost of Goods Sold for the three months ended in Mar. 2022 was ₹6,776 Mil. Hence, Future Enterprises's Days Inventory for the three months ended in Mar. 2022 was 50.69.

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

NSE:FEL's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 109.11
* Ranked among companies with meaningful Days Inventory only.

Future Enterprises's Days Inventory declined from Mar. 2021 (258.21) to Mar. 2022 (50.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Enterprises's Inventory Turnover for the three months ended in Mar. 2022 was 1.80.

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. Future Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.79.


Future Enterprises Days Inventory Historical Data

The historical data trend for Future Enterprises'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.

Future Enterprises Days Inventory Chart

Future Enterprises Annual Data
Trend Jun11 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.28 105.22 125.10 421.01 131.72

Future Enterprises Quarterly Data
Mar15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 258.21 307.67 159.48 205.36 50.69

Competitive Comparison of Future Enterprises's Days Inventory

For the Department Stores subindustry, Future Enterprises'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.


Future Enterprises's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Future Enterprises's Days Inventory distribution charts can be found below:

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



Future Enterprises Days Inventory Calculation

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

Future Enterprises's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (10865.9 + 3764.2) / 2 ) / 20270.7*365
=7315.05 / 20270.7*365
=131.72

Future Enterprises's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (0 + 3764.2) / 1 ) / 6775.8*365 / 4
=3764.2 / 6775.8*365 / 4
=50.69

* 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.


Future Enterprises  (NSE:FEL) 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.

Future Enterprises's Inventory Turnover for the three months ended in Mar. 2022 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.

Future Enterprises's Inventory to Revenue for the three months ended in Mar. 2022 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.


Future Enterprises Days Inventory Related Terms

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


Future Enterprises (NSE:FEL) Business Description

Traded in Other Exchanges
N/A
Address
Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083
Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.

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