Days Inventory is also known as Days Sales of Inventory (DSI). Tejon Ranch Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $6.21 Mil. Tejon Ranch Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $15.47 Mil.
Hence, Tejon Ranch Co's Days Inventory for the
three
months ended in Dec. 2023 was 36.62.
The historical rank and industry rank for Tejon Ranch Co's Days Inventory or its related term are showing as below:
TRC'
s Days Inventory Range Over the Past 10 Years
Min: 23.74 Med: 30.34 Max: 55.06
Current: 55.06
During the past 13 years, Tejon Ranch Co's highest Days Inventory was 55.06. The lowest was 23.74. And the median was 30.34.
TRC's Days Inventory is ranked better than 60% of 450
companies
in the Conglomerates industry
Industry Median: 72.1
vs TRC: 55.06
Tejon Ranch Co's Days Inventory
increased
from Dec. 2022 (28.73) to Dec. 2023 (36.62).
It might indicate that Tejon Ranch Co's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tejon Ranch Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.49.
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.
Tejon Ranch Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.38.
Tejon Ranch Co Days Inventory Historical Data
The historical data trend for Tejon Ranch Co'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.
For the Conglomerates subindustry, Tejon Ranch Co'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.
Tejon Ranch Co Days Inventory Distribution
For the Conglomerates industry and Industrials sector, Tejon Ranch Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tejon Ranch Co's Days Inventory falls into.
Tejon Ranch Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tejon Ranch Co's Days Inventory for the fiscal year that 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.
Tejon Ranch Co (NYSE:TRC) 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.
Tejon Ranch Co's Inventory Turnover for the
three
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.
Tejon Ranch Co's Inventory to Revenue for the
three
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.
Tejon Ranch Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Tejon Ranch Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tejon Ranch Co (Tejon Ranch Co) Business Description
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for its shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from Real estate—commercial/industrial segment.
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