GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » First Advantage Corp (FRA:0MS) » Definitions » Total Inventories

First Advantage (FRA:0MS) Total Inventories : €0.0 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is First Advantage Total Inventories?

First Advantage's total inventories for the quarter that ended in Mar. 2024 was €0.0 Mil. First Advantage's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. First Advantage's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-2.42.

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 three months ended in Mar. 2024 was 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 quarter that ended in Mar. 2024 was 0.00.


First Advantage Total Inventories Historical Data

The historical data trend for First Advantage's Total Inventories 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 Total Inventories Chart

First Advantage Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Advantage Quarterly Data
Mar09 Jun09 Sep09 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 - - - - -

First Advantage Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


First Advantage  (FRA:0MS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

First Advantage's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(226.353+0.75 * 118.69+0.5 * 0-666.235
-0-0)/145.195
=-2.42

2. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/80.217*365 / 4
=0.00

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=80.217 / 0
=N/A

4. 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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 155.863
=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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


First Advantage Total Inventories Related Terms

Thank you for viewing the detailed overview of First Advantage's Total Inventories 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

No Headlines