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FIH Group (LSE:FIH) Days Inventory : 77.77 (As of Sep. 2023)


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What is FIH Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FIH Group's Average Total Inventories for the six months ended in Sep. 2023 was £6.86 Mil. FIH Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £16.11 Mil. Hence, FIH Group's Days Inventory for the six months ended in Sep. 2023 was 77.77.

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

LSE:FIH' s Days Inventory Range Over the Past 10 Years
Min: 68.13   Med: 87.74   Max: 105.58
Current: 77.71

During the past 13 years, FIH Group's highest Days Inventory was 105.58. The lowest was 68.13. And the median was 87.74.

LSE:FIH's Days Inventory is ranked worse than
52% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs LSE:FIH: 77.71

FIH Group's Days Inventory declined from Sep. 2022 (94.68) to Sep. 2023 (77.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. FIH Group's Inventory Turnover for the six months ended in Sep. 2023 was 2.35.

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. FIH Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.26.


FIH Group Days Inventory Historical Data

The historical data trend for FIH 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.

FIH Group Days Inventory Chart

FIH Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.28 76.59 105.58 98.33 78.67

FIH Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 115.59 93.14 94.68 76.11 77.77

Competitive Comparison of FIH Group's Days Inventory

For the Conglomerates subindustry, FIH 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.


FIH Group's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, FIH Group's Days Inventory distribution charts can be found below:

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



FIH Group Days Inventory Calculation

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

FIH Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (6.74 + 6.876) / 2 ) / 31.588*365
=6.808 / 31.588*365
=78.67

FIH 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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.876 + 6.851) / 2 ) / 16.107*365 / 2
=6.8635 / 16.107*365 / 2
=77.77

* 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.


FIH Group  (LSE:FIH) 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.

FIH Group's Inventory Turnover for the six 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.

FIH Group's Inventory to Revenue for the six months ended in Sep. 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.


FIH Group Days Inventory Related Terms

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


FIH Group (LSE:FIH) Business Description

Traded in Other Exchanges
Address
133-137 South Street, Kenburgh Court, Bishop's Stortford, Hertfordshire, GBR, CM23 3HX
FIH Group PLC is a holding company. The company's operating segment includes General trading, Ferry Services, and Art logistics and storage. It generates maximum revenue from the General trading segment. Geographically, it has a presence in the Falkland Islands, and the United Kingdom, and derives most of its revenue from the Falkland Islands.

FIH Group (LSE:FIH) Headlines

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