The historical rank and industry rank for Freightways Group's Days Inventory or its related term are showing as below:
NZSE:FRW's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.495 * Ranked among companies with meaningful Days Inventory only.
Freightways Group's Days Inventory
stayed the same
from Jun. 2022 (0.00) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Freightways Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.00.
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.
Freightways Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
Freightways Group Days Inventory Historical Data
The historical data trend for Freightways 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.
Competitive Comparison of Freightways Group's Days Inventory
For the Integrated Freight & Logistics subindustry, Freightways 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.
Freightways Group's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Freightways Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Freightways Group's Days Inventory falls into.
Freightways Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Freightways Group's Days Inventory for the fiscal year that ended in Jun. 2022 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.
Freightways Group (NZSE:FRW) 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.
Freightways 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.
Freightways 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.
Freightways Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Freightways Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.
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