Days Inventory is also known as Days Sales of Inventory (DSI). TTEC Holdings's Average Total Inventories for the
three
months ended in Mar. 2024 was $0 Mil. TTEC Holdings's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $454 Mil.
Hence, TTEC Holdings's Days Inventory for the
three
months ended in Mar. 2024 was 0.00.
The historical rank and industry rank for TTEC Holdings's Days Inventory or its related term are showing as below:
TTEC's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.64 * Ranked among companies with meaningful Days Inventory only.
TTEC Holdings's Days Inventory
stayed the same
from Mar. 2023 (0.00) to Mar. 2024 (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.
TTEC Holdings's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.00.
TTEC Holdings Days Inventory Historical Data
The historical data trend for TTEC Holdings'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 TTEC Holdings's Days Inventory
For the Information Technology Services subindustry, TTEC Holdings'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.
TTEC Holdings's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, TTEC Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where TTEC Holdings's Days Inventory falls into.
TTEC Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TTEC Holdings'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.
TTEC Holdings (NAS:TTEC) 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.
TTEC Holdings's Inventory Turnover for the
three
months ended in Mar. 2024 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.
TTEC Holdings's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
TTEC Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of TTEC Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
TTEC Holdings (TTEC Holdings) Business Description
TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.
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