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First Resources (SGX:EB5) Days Inventory : 90.98 (As of Dec. 2023)


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What is First Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Resources's Average Total Inventories for the six months ended in Dec. 2023 was S$216 Mil. First Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was S$434 Mil. Hence, First Resources's Days Inventory for the six months ended in Dec. 2023 was 90.98.

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

SGX:EB5' s Days Inventory Range Over the Past 10 Years
Min: 73.05   Med: 104.61   Max: 120.02
Current: 96.93

During the past 13 years, First Resources's highest Days Inventory was 120.02. The lowest was 73.05. And the median was 104.61.

SGX:EB5's Days Inventory is ranked worse than
58.4% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs SGX:EB5: 96.93

First Resources's Days Inventory declined from Dec. 2022 (107.54) to Dec. 2023 (90.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. First Resources's Inventory Turnover for the six months ended in Dec. 2023 was 2.01.

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


First Resources Days Inventory Historical Data

The historical data trend for First Resources'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.

First Resources Days Inventory Chart

First Resources 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 105.24 120.02 87.86 96.07 94.31

First Resources 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 80.03 148.01 107.54 106.76 90.98

Competitive Comparison of First Resources's Days Inventory

For the Packaged Foods subindustry, First Resources'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.


First Resources's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where First Resources's Days Inventory falls into.



First Resources Days Inventory Calculation

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

First Resources'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
=( (226.006 + 199.112) / 2 ) / 822.637*365
=212.559 / 822.637*365
=94.31

First Resources'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
=( (233.556 + 199.112) / 2 ) / 433.953*365 / 2
=216.334 / 433.953*365 / 2
=90.98

* 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.


First Resources  (SGX:EB5) 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.

First Resources'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.

First Resources'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.


First Resources Days Inventory Related Terms

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


First Resources (SGX:EB5) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, No. 24-01, Suntec Tower One, Singapore, SGP, 038987
First Resources Ltd manages more than 200,000 hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations and Palm Oil Mills & Refineries and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.

First Resources (SGX:EB5) Headlines

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