FTDL (FirsTime Design) Total Inventories: $1.04 Mil (As of Dec. 2012)


What is FirsTime Design Total Inventories?

FirsTime Design FTDL Total Inventories is $1.04 Mil as of Dec. 2012.

FirsTime Design's total inventories for the quarter that ended in Dec. 2012 was $1.04 Mil. FirsTime Design's average total inventories from the quarter that ended in Sep. 2012 to the quarter that ended in Dec. 2012 was $1.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FirsTime Design's Net-Net Working Capital per share for the quarter that ended in Dec. 2012 was $1.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FirsTime Design's Days Inventory for the three months ended in Dec. 2012 was 50.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. FirsTime Design's Inventory Turnover for the quarter that ended in Dec. 2012 was 1.82.

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. FirsTime Design's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 0.46.

FirsTime Design  (OTCPK:FTDL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

FirsTime Design's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2012 is

Net-Net Working Capital Per Share (Q: Dec. 2012 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.493+0.75 * 1.558+0.5 * 1.039-0.902
-0-0)/1.525
=1.49

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

FirsTime Design's Days Inventory for the three months ended in Dec. 2012 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2012 )/Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=1.1885/2.166*365 / 4
=50.07

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

FirsTime Design's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2012 ) / Average Total Inventories (Q: Dec. 2012 )
=2.166 / 1.1885
=1.82

4. 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.

FirsTime Design's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=1.1885 / 2.61
=0.46

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

FirsTime Design Total Inventories Related Terms

FirsTime Design Total Inventories Historical Data

* Premium members only.

The historical data trend for FirsTime Design's Total Inventories 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.

FirsTime Design Total Inventories Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 2.33 1.48 1.01 1.04

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
Total Inventories 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 1.01 0.87 1.57 1.34 1.04

FirsTime Design Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $1.04 Mil mean?
FirsTime Design (FTDL) has a Total Inventories of $1.04 Mil as of Dec. 2012. The total amount of inventory as recorded on a company's balance sheet. View historical data for FirsTime Design and its competitors.
Is FirsTime Design's Total Inventories too high?
FirsTime Design's current Total Inventories is $1.04 Mil.
How does FirsTime Design's Total Inventories compare to EFOI?
FirsTime Design's Total Inventories of $1.04 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Furnishings, Fixtures & Appliances company?
A good Total Inventories depends on the Furnishings, Fixtures & Appliances industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for FirsTime Design and its competitors. FirsTime Design's current Total Inventories is $1.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirsTime Design stock overvalued right now?
FirsTime Design (FTDL) has a current Total Inventories of $1.04 Mil. The current Total Inventories is $1.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For FirsTime Design (FTDL), the current Total Inventories is $1.04 Mil as of Dec. 2012. 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.

FirsTime Design Business Description

Address W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.