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First Advantage (FRA:0MS) Days Inventory : 0.00 (As of Mar. 2024)


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What is First Advantage Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Advantage's Average Total Inventories for the three months ended in Mar. 2024 was €0.0 Mil. First Advantage's Cost of Goods Sold for the three months ended in Mar. 2024 was €80.2 Mil. Hence, First Advantage's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

FRA:0MS's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.965
* Ranked among companies with meaningful Days Inventory only.

First Advantage's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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 Advantage's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


First Advantage Days Inventory Historical Data

The historical data trend for First Advantage'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 Advantage Days Inventory Chart

First Advantage Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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First Advantage Quarterly Data
Mar09 Jun09 Sep09 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of First Advantage's Days Inventory

For the Specialty Business Services subindustry, First Advantage'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 Advantage's Days Inventory Distribution in the Business Services Industry

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

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



First Advantage Days Inventory Calculation

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

First Advantage'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 + 0) / 1 ) / 354.675*365
=0 / 354.675*365
=0.00

First Advantage's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 80.217*365 / 4
=0 / 80.217*365 / 4
=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.


First Advantage  (FRA:0MS) 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 Advantage's Inventory Turnover for the three months ended in Mar. 2024 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 Advantage's Inventory to Revenue for the three months ended in Mar. 2024 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.


First Advantage Days Inventory Related Terms

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


First Advantage (FRA:0MS) Business Description

Traded in Other Exchanges
Address
1 Concourse Parkway Northeast, Suite 200, Atlanta, GA, USA, 30328
First Advantage Corp is a leading global provider of employment background screening and verification solutions. The company delivers innovative services and insights that help its customers manage risk and hire the best talent. The Company has two reportable segments, Americas and International. The Americas segment provides technology solutions for screening, verifications, safety, and compliance in the United States, Canada, and Latin America markets. and the International segment provides technology solutions for screening, verifications, safety, and compliance outside of the Americas.

First Advantage (FRA:0MS) Headlines

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