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Flowtech Fluidpower (LSE:FLO) Days Inventory : 175.16 (As of Dec. 2023)


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What is Flowtech Fluidpower Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flowtech Fluidpower's Average Total Inventories for the six months ended in Dec. 2023 was £31.4 Mil. Flowtech Fluidpower's Cost of Goods Sold for the six months ended in Dec. 2023 was £32.7 Mil. Hence, Flowtech Fluidpower's Days Inventory for the six months ended in Dec. 2023 was 175.16.

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

LSE:FLO' s Days Inventory Range Over the Past 10 Years
Min: 132.21   Med: 147.72   Max: 163.6
Current: 162.04

During the past 13 years, Flowtech Fluidpower's highest Days Inventory was 163.60. The lowest was 132.21. And the median was 147.72.

LSE:FLO's Days Inventory is ranked worse than
81.82% of 143 companies
in the Industrial Distribution industry
Industry Median: 88.3 vs LSE:FLO: 162.04

Flowtech Fluidpower's Days Inventory increased from Dec. 2022 (162.51) to Dec. 2023 (175.16). It might indicate that Flowtech Fluidpower's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flowtech Fluidpower's Inventory Turnover for the six months ended in Dec. 2023 was 1.04.

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. Flowtech Fluidpower's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.59.


Flowtech Fluidpower Days Inventory Historical Data

The historical data trend for Flowtech Fluidpower'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.

Flowtech Fluidpower Days Inventory Chart

Flowtech Fluidpower Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.06 134.33 135.76 153.38 163.60

Flowtech Fluidpower Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 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 142.38 162.66 162.51 149.32 175.16

Competitive Comparison of Flowtech Fluidpower's Days Inventory

For the Industrial Distribution subindustry, Flowtech Fluidpower'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.


Flowtech Fluidpower's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Flowtech Fluidpower's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flowtech Fluidpower's Days Inventory falls into.



Flowtech Fluidpower Days Inventory Calculation

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

Flowtech Fluidpower'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
=( (31.486 + 32.009) / 2 ) / 70.832*365
=31.7475 / 70.832*365
=163.60

Flowtech Fluidpower'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
=( (30.843 + 32.009) / 2 ) / 32.743*365 / 2
=31.426 / 32.743*365 / 2
=175.16

* 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.


Flowtech Fluidpower  (LSE:FLO) 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.

Flowtech Fluidpower'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.

Flowtech Fluidpower'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.


Flowtech Fluidpower Days Inventory Related Terms

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


Flowtech Fluidpower (LSE:FLO) Business Description

Traded in Other Exchanges
Address
Bollin House, Bollin Walk, Wilmslow, GBR, SK9 1DP
Flowtech Fluidpower PLC is a supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. The company operates in three segments, Flowtech, Fluidpower Group Solutions and Fluidpower Group Services. It derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World.