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Fabryki Mebli Forte (WAR:FTE) Days Inventory : 101.36 (As of Dec. 2023)


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What is Fabryki Mebli Forte Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fabryki Mebli Forte's Average Total Inventories for the three months ended in Dec. 2023 was zł225.1 Mil. Fabryki Mebli Forte's Cost of Goods Sold for the three months ended in Dec. 2023 was zł202.6 Mil. Hence, Fabryki Mebli Forte's Days Inventory for the three months ended in Dec. 2023 was 101.36.

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

WAR:FTE' s Days Inventory Range Over the Past 10 Years
Min: 77.78   Med: 93.4   Max: 158.24
Current: 158.24

During the past 13 years, Fabryki Mebli Forte's highest Days Inventory was 158.24. The lowest was 77.78. And the median was 93.40.

WAR:FTE's Days Inventory is ranked worse than
76.6% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs WAR:FTE: 158.24

Fabryki Mebli Forte's Days Inventory declined from Jun. 2022 (122.79) to Dec. 2023 (101.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fabryki Mebli Forte's Inventory Turnover for the three months ended in Dec. 2023 was 0.90.

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. Fabryki Mebli Forte's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.80.


Fabryki Mebli Forte Days Inventory Historical Data

The historical data trend for Fabryki Mebli Forte'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.

Fabryki Mebli Forte Days Inventory Chart

Fabryki Mebli Forte Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.93 95.56 98.07 97.98 97.44

Fabryki Mebli Forte Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 122.79 157.37 134.90 151.31 101.36

Competitive Comparison of Fabryki Mebli Forte's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Fabryki Mebli Forte'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.


Fabryki Mebli Forte's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fabryki Mebli Forte's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fabryki Mebli Forte's Days Inventory falls into.



Fabryki Mebli Forte Days Inventory Calculation

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

Fabryki Mebli Forte's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (178.917 + 239.457) / 2 ) / 783.586*365
=209.187 / 783.586*365
=97.44

Fabryki Mebli Forte'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
=( (245.577 + 204.587) / 2 ) / 202.624*365 / 4
=225.082 / 202.624*365 / 4
=101.36

* 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.


Fabryki Mebli Forte  (WAR:FTE) 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.

Fabryki Mebli Forte'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.

Fabryki Mebli Forte's Inventory to Revenue for the three months ended in Dec. 2023 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.


Fabryki Mebli Forte Days Inventory Related Terms

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


Fabryki Mebli Forte (WAR:FTE) Business Description

Traded in Other Exchanges
N/A
Address
ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.

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