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Focus Universal (Focus Universal) Days Inventory : 62.19 (As of Dec. 2023)


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What is Focus Universal Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Focus Universal's Average Total Inventories for the three months ended in Dec. 2023 was $0.29 Mil. Focus Universal's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.43 Mil. Hence, Focus Universal's Days Inventory for the three months ended in Dec. 2023 was 62.19.

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

FCUV' s Days Inventory Range Over the Past 10 Years
Min: 10.43   Med: 28.77   Max: 154.73
Current: 65.91

During the past 11 years, Focus Universal's highest Days Inventory was 154.73. The lowest was 10.43. And the median was 28.77.

FCUV's Days Inventory is ranked better than
72.5% of 2407 companies
in the Hardware industry
Industry Median: 102.53 vs FCUV: 65.91

Focus Universal's Days Inventory declined from Dec. 2022 (79.33) to Dec. 2023 (62.19).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Focus Universal's Inventory Turnover for the three months ended in Dec. 2023 was 1.47.

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. Focus Universal's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.03.


Focus Universal Days Inventory Historical Data

The historical data trend for Focus Universal'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.

Focus Universal Days Inventory Chart

Focus Universal Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.09 13.74 10.43 70.02 73.53

Focus Universal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 79.33 49.15 54.81 88.07 62.19

Competitive Comparison of Focus Universal's Days Inventory

For the Scientific & Technical Instruments subindustry, Focus Universal'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.


Focus Universal's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Focus Universal's Days Inventory distribution charts can be found below:

* The bar in red indicates where Focus Universal's Days Inventory falls into.



Focus Universal Days Inventory Calculation

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

Focus Universal's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.104 + 0.282) / 2 ) / 0.958*365
=0.193 / 0.958*365
=73.53

Focus Universal'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
=( (0.3 + 0.282) / 2 ) / 0.427*365 / 4
=0.291 / 0.427*365 / 4
=62.19

* 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.


Focus Universal  (NAS:FCUV) 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.

Focus Universal'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.

Focus Universal'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.


Focus Universal Days Inventory Related Terms

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


Focus Universal (Focus Universal) Business Description

Traded in Other Exchanges
N/A
Address
2311 East Locust Court, Ontario, CA, USA, 91761
Focus Universal Inc develops and manufactures universal smart device. Its products portfolio include Universal Smart Instrumentation Platform, Ubiquitor, Universal Smart Controller, and Sensors. The company also supplies various air filtration systems. The Company consists of three types of operations- Focus and Focus Shenzhen (Corporate), Perfecular and Lusher (IoT Products), AVX (IoT Installation Services). Majority of revenue is generated from IoT Installation Services. IoT Installation Services segment is an IoT installation and management company specializing in high performance and easy to use audio/video, home theater, lighting control, automation, and integration.
Executives
Sheri Lofgren director C/O LOGICAL CHOICE CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope director 1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Gregory S Butterfield director 3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Carine S. Clark director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Duncan Lee officer: Chief Financial Officer 20511 EAST WALNUT DRIVE NORTH, WALNUT CA 91789
Jennifer Lingjie Gu director, 10 percent owner 2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Edward Shihai Lee director, 10 percent owner, officer: President 2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Desheng Wang director, 10 percent owner, officer: CEO and Secretary 140 SOUTH ROOSEVELT AVENUE, PASADENA CA 91107