GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » First Foods Group Inc (OTCPK:FIFG) » Definitions » Days Inventory

First Foods Group (First Foods Group) Days Inventory : 0.00 (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is First Foods Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Foods Group's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. First Foods Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

The historical rank and industry rank for First Foods Group's Days Inventory or its related term are showing as below:

FIFG' s Days Inventory Range Over the Past 10 Years
Min: 75.28   Med: 160.61   Max: 297.21
Current: 75.28

During the past 8 years, First Foods Group's highest Days Inventory was 297.21. The lowest was 75.28. And the median was 160.61.

FIFG's Days Inventory is ranked worse than
66.96% of 681 companies
in the Business Services industry
Industry Median: 29.77 vs FIFG: 75.28

First Foods Group's Days Inventory declined from Sep. 2022 (436.70) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Foods Group's Inventory Turnover for the three months ended in Sep. 2023 was 0.00.

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. First Foods Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


First Foods Group Days Inventory Historical Data

The historical data trend for First Foods Group'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.

First Foods Group Days Inventory Chart

First Foods Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial - 191.19 297.21 80.68 130.03

First Foods Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 436.70 47.05 - - -

Competitive Comparison of First Foods Group's Days Inventory

For the Specialty Business Services subindustry, First Foods Group'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.


First Foods Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Foods Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where First Foods Group's Days Inventory falls into.



First Foods Group Days Inventory Calculation

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

First Foods Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.057 + 6.9388939039072E-18) / 2 ) / 0.08*365
=0.0285 / 0.08*365
=130.03

First Foods Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.9388939039072E-18 + 6.9388939039072E-18) / 2 ) / 0*365 / 4
=6.9388939039072E-18 / 0*365 / 4
=N/A

* 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.


First Foods Group  (OTCPK:FIFG) 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.

First Foods Group's Inventory Turnover for the three months ended in Sep. 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.

First Foods Group's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=6.9388939039072E-18 / 0.001
=0.00

* 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.


First Foods Group Days Inventory Related Terms

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


First Foods Group (First Foods Group) Business Description

Traded in Other Exchanges
N/A
Address
c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014
First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.

First Foods Group (First Foods Group) Headlines

From GuruFocus

First Foods Group, Inc. Reports Year End Revenue

By Marketwired Marketwired 04-16-2019

First Foods Group, Inc. Reports Second Quarter Revenue

By Marketwired Marketwired 08-14-2018

First Foods Group Expands Capital Raise

By Marketwired Marketwired 07-31-2018

First Foods Group, Inc. Provides Strategic and Company Update

By Marketwired Marketwired 09-27-2021

First Foods Group Issues Shareholder Update

By Marketwired Marketwired 06-19-2019

Moises Davidovits Named as First Foods Master Chocolatier

By Marketwired Marketwired 08-24-2020