Franchise Brands (LSE:FRAN) Days Inventory : 21.97 (As of Jun. 2023)

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What is Franchise Brands Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Franchise Brands's Average Total Inventories for the six months ended in Jun. 2023 was £4.9 Mil. Franchise Brands's Cost of Goods Sold for the six months ended in Jun. 2023 was £40.8 Mil. Hence, Franchise Brands's Days Inventory for the six months ended in Jun. 2023 was 21.97.

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

LSE:FRAN' s Days Inventory Range Over the Past 10 Years
Min: 4.06 Med: 8.39 Max: 42.14
Current: 18.97

During the past 10 years, Franchise Brands's highest Days Inventory was 42.14. The lowest was 4.06. And the median was 8.39.

LSE:FRAN's Days Inventory is ranked better than
57.79% of 680 companies
in the Business Services industry
Industry Median: 29.685 vs LSE:FRAN: 18.97

Franchise Brands's Days Inventory increased from Jun. 2022 (9.64) to Jun. 2023 (21.97). It might indicate that Franchise Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Franchise Brands's Inventory Turnover for the six months ended in Jun. 2023 was 8.31.

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 Brands's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.07.

Franchise Brands Days Inventory Historical Data

The historical data trend for Franchise Brands'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.

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Franchise Brands Days Inventory Chart

Franchise Brands Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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4.06

5.54

8.40

8.27

8.37

Franchise Brands Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial														8.26	8.97	9.64	10.42	21.97

Competitive Comparison of Franchise Brands's Days Inventory

For the Specialty Business Services subindustry, Franchise Brands'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 Brands's Days Inventory Distribution in the Business Services Industry

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

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

Franchise Brands Days Inventory Calculation

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

Franchise Brands'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
=	( (0.908	+	1.989)	/	2 )	/	63.187	*	365
=	1.4485					/	63.187	*	365
=	8.37

Franchise Brands'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: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.989	+	7.835)	/	2 )	/	40.795	*	365 / 2
=	4.912					/	40.795	*	365 / 2
=	21.97

Franchise Brands (LSE:FRAN) 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 Brands's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.795	/	4.912
	=	8.31

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 Brands's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.912	/	69.751
	=	0.07

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 Brands Days Inventory Related Terms

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

Franchise Brands (LSE:FRAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Franchise Brands PLC (LSE:FRAN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashwood Court, Springwood Close, Tytherington Business Park, Macclesfield, GBR, SK10 2XF

Website

https://www.franchisebrands.co.uk

Franchise Brands PLC is a holding company engaged in franchising and related activities. Its brands associated with the company are metro rod, chips away, barking mad, Oven clean, Metro Plumb, Willow Pumps, and Filta. Its operating segments are B2B, Filta International, B2C, Azura, and Other operations and the majority of the revenue comes from the B2B segment.

Franchise Brands (LSE:FRAN) Headlines

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