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Functional Technologies (TSXV:FEB.H) Days Inventory : 460.90 (As of Aug. 2012)


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What is Functional Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Functional Technologies's Average Total Inventories for the six months ended in Aug. 2012 was C$0.32 Mil. Functional Technologies's Cost of Goods Sold for the six months ended in Aug. 2012 was C$0.26 Mil. Hence, Functional Technologies's Days Inventory for the six months ended in Aug. 2012 was 230.45.

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

TSXV:FEB.H's Days Inventory is not ranked *
in the Biotechnology industry.
Industry Median: 194.42
* Ranked among companies with meaningful Days Inventory only.

Functional Technologies's Days Inventory declined from Aug. 2010 (1,483.55) to Aug. 2012 (460.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Functional Technologies's Inventory Turnover for the six months ended in Aug. 2012 was 0.79.

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. Functional Technologies's Inventory-to-Revenue for the six months ended in Aug. 2012 was 1.83.


Functional Technologies Days Inventory Historical Data

The historical data trend for Functional Technologies'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.

Functional Technologies Days Inventory Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,483.55 701.61 460.90

Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1,483.55 701.61 460.90

Competitive Comparison of Functional Technologies's Days Inventory

For the Biotechnology subindustry, Functional Technologies'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.


Functional Technologies's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Functional Technologies's Days Inventory distribution charts can be found below:

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



Functional Technologies Days Inventory Calculation

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

Functional Technologies's Days Inventory for the fiscal year that ended in Aug. 2012 is calculated as

Days Inventory (A: Aug. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2011 ) + Total Inventories (A: Aug. 2012 )) / count ) / Cost of Goods Sold (A: Aug. 2012 )*Days in Period
=( (0.322 + 0) / 1 ) / 0.255*365
=0.322 / 0.255*365
=460.90

Functional Technologies's Days Inventory for the quarter that ended in Aug. 2012 is calculated as:

Days Inventory (Q: Aug. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2011 ) + Total Inventories (Q: Aug. 2012 )) / count ) / Cost of Goods Sold (Q: Aug. 2012 )*Days in Period
=( (0.322 + 0) / 1 ) / 0.255*365 / 2
=0.322 / 0.255*365 / 2
=230.45

* 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.


Functional Technologies  (TSXV:FEB.H) 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.

Functional Technologies's Inventory Turnover for the six months ended in Aug. 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.

Functional Technologies's Inventory to Revenue for the six months ended in Aug. 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.


Functional Technologies Days Inventory Related Terms

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


Functional Technologies (TSXV:FEB.H) Business Description

Traded in Other Exchanges
N/A
Address
Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

Functional Technologies (TSXV:FEB.H) Headlines

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