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Fix Price Group (LSE:FIXP) Days Inventory : 85.67 (As of Dec. 2023)


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What is Fix Price Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fix Price Group's Average Total Inventories for the six months ended in Dec. 2023 was $531 Mil. Fix Price Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,132 Mil. Hence, Fix Price Group's Days Inventory for the six months ended in Dec. 2023 was 85.67.

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

LSE:FIXP' s Days Inventory Range Over the Past 10 Years
Min: 61.78   Med: 73.33   Max: 102.7
Current: 97.58

During the past 7 years, Fix Price Group's highest Days Inventory was 102.70. The lowest was 61.78. And the median was 73.33.

LSE:FIXP's Days Inventory is ranked worse than
87.71% of 301 companies
in the Retail - Defensive industry
Industry Median: 35.99 vs LSE:FIXP: 97.58

Fix Price Group's Days Inventory increased from Dec. 2022 (77.24) to Dec. 2023 (85.67). It might indicate that Fix Price Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fix Price Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.13.

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. Fix Price Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.31.


Fix Price Group Days Inventory Historical Data

The historical data trend for Fix Price 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.

Fix Price Group Days Inventory Chart

Fix Price Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 61.78 71.38 78.25 73.33 102.70

Fix Price Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 78.88 79.71 77.24 109.66 85.67

Competitive Comparison of Fix Price Group's Days Inventory

For the Discount Stores subindustry, Fix Price 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.


Fix Price Group's Days Inventory Distribution in the Retail - Defensive Industry

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

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



Fix Price Group Days Inventory Calculation

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

Fix Price Group'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
=( (670.261 + 531.497) / 2 ) / 2135.576*365
=600.879 / 2135.576*365
=102.70

Fix Price Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 531.497) / 1 ) / 1132.262*365 / 2
=531.497 / 1132.262*365 / 2
=85.67

* 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.


Fix Price Group  (LSE:FIXP) 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.

Fix Price Group's Inventory Turnover for the six 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.

Fix Price Group's Inventory to Revenue for the six 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.


Fix Price Group Days Inventory Related Terms

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


Fix Price Group (LSE:FIXP) Business Description

Traded in Other Exchanges
N/A
Address
Makariou III & Vyronos Street, P. Lordos Center building, Block B, 1st floor, Office 102, Limassol, CYP, 3105
Fix Price Group PLC is a low-price value retailer. Its categories include ambient food and drink, household goods, and cosmetics and hygiene items. Its retail operations are conducted through a chain of convenience stores, located in the Russian Federation, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia, and Kyrgyzstan The group is also engaged in wholesale operations by servicing a number of franchises that operate in distant regions of the Russian Federation, as well as in a number of international geographies.

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