GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Federal Screw Works (OTCPK:FSCR) » Definitions » Days Inventory

Federal Screw Works (Federal Screw Works) Days Inventory : 72.51 (As of Dec. 2004)


View and export this data going back to 2005. Start your Free Trial

What is Federal Screw Works Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Federal Screw Works's Average Total Inventories for the three months ended in Dec. 2004 was $16.62 Mil. Federal Screw Works's Cost of Goods Sold for the three months ended in Dec. 2004 was $20.91 Mil. Hence, Federal Screw Works's Days Inventory for the three months ended in Dec. 2004 was 72.51.

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

FSCR's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 121.57
* Ranked among companies with meaningful Days Inventory only.

Federal Screw Works's Days Inventory increased from Dec. 2003 (68.94) to Dec. 2004 (72.51). It might indicate that Federal Screw Works's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Federal Screw Works's Inventory Turnover for the three months ended in Dec. 2004 was 1.26.

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. Federal Screw Works's Inventory-to-Revenue for the three months ended in Dec. 2004 was 0.81.


Federal Screw Works Days Inventory Historical Data

The historical data trend for Federal Screw Works'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.

Federal Screw Works Days Inventory Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.77 62.99 74.47 69.28 66.15

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 68.94 62.69 61.44 72.54 72.51

Competitive Comparison of Federal Screw Works's Days Inventory

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Days Inventory distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Days Inventory falls into.



Federal Screw Works Days Inventory Calculation

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

Federal Screw Works's Days Inventory for the fiscal year that ended in Jun. 2004 is calculated as

Days Inventory (A: Jun. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2003 ) + Total Inventories (A: Jun. 2004 )) / count ) / Cost of Goods Sold (A: Jun. 2004 )*Days in Period
=( (14.572 + 15.727) / 2 ) / 83.589*365
=15.1495 / 83.589*365
=66.15

Federal Screw Works's Days Inventory for the quarter that ended in Dec. 2004 is calculated as:

Days Inventory (Q: Dec. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2004 ) + Total Inventories (Q: Dec. 2004 )) / count ) / Cost of Goods Sold (Q: Dec. 2004 )*Days in Period
=( (16.005 + 17.233) / 2 ) / 20.914*365 / 4
=16.619 / 20.914*365 / 4
=72.51

* 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.


Federal Screw Works  (OTCPK:FSCR) 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.

Federal Screw Works's Inventory Turnover for the three months ended in Dec. 2004 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.

Federal Screw Works's Inventory to Revenue for the three months ended in Dec. 2004 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.


Federal Screw Works Days Inventory Related Terms

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


Federal Screw Works (Federal Screw Works) Business Description

Traded in Other Exchanges
N/A
Address
34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers component parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are primarily served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.

Federal Screw Works (Federal Screw Works) Headlines

From GuruFocus

Federal Screw Works Declares Special Dividend

By PRNewswire PRNewswire 08-31-2018