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Franchise Group (FRA:3HC) Days Inventory : 109.31 (As of Jun. 2023)


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What is Franchise Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Franchise Group's Average Total Inventories for the three months ended in Jun. 2023 was €699 Mil. Franchise Group's Cost of Goods Sold for the three months ended in Jun. 2023 was €584 Mil. Hence, Franchise Group's Days Inventory for the three months ended in Jun. 2023 was 109.31.

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

FRA:3HC' s Days Inventory Range Over the Past 10 Years
Min: 92.68   Med: 95.11   Max: 108.62
Current: 108.62

During the past 13 years, Franchise Group's highest Days Inventory was 108.62. The lowest was 92.68. And the median was 95.11.

FRA:3HC's Days Inventory is not ranked
in the Retail - Cyclical industry.
Industry Median: 110.605 vs FRA:3HC: 108.62

Franchise Group's Days Inventory declined from Jun. 2022 (117.25) to Jun. 2023 (109.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Franchise Group's Inventory Turnover for the three months ended in Jun. 2023 was 0.83.

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. Franchise Group's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.73.


Franchise Group Days Inventory Historical Data

The historical data trend for Franchise 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.

Franchise Group Days Inventory Chart

Franchise Group Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 95.11 90.64 98.55

Franchise Group Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 117.25 115.83 106.85 102.60 109.31

Competitive Comparison of Franchise Group's Days Inventory

For the Specialty Retail subindustry, Franchise 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.


Franchise Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Franchise Group's Days Inventory distribution charts can be found below:

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



Franchise Group Days Inventory Calculation

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

Franchise 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
=( (595.755 + 695.578) / 2 ) / 2391.476*365
=645.6665 / 2391.476*365
=98.55

Franchise Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (709.738 + 689.253) / 2 ) / 583.911*365 / 4
=699.4955 / 583.911*365 / 4
=109.31

* 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.


Franchise Group  (FRA:3HC) 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.

Franchise Group's Inventory Turnover for the three months ended in Jun. 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.

Franchise Group's Inventory to Revenue for the three months ended in Jun. 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.


Franchise Group Days Inventory Related Terms

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


Franchise Group (FRA:3HC) Business Description

Traded in Other Exchanges
N/A
Address
109 Innovation Court, Suite J, Delaware, OH, USA, 43015
Franchise Group Inc is a personal services company that provides retail federal and state income tax preparation services and related tax settlement products. The vast majority of these offices operate in the United States under the Liberty Tax Service and SiempreTax+ brand names. Liberty Tax also provides online do-it-yourself tax programs within the U.S. The sale of financial products and tax preparation service fees also contribute to sizable percentages of the company's total income. Liberty Tax also operates a smaller portfolio of wholly-owned company offices. The company's reportable segments are Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's and Sylvan.

Franchise Group (FRA:3HC) Headlines

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