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TX Rail Products (TX Rail Products) Days Inventory : 0.00 (As of Sep. 2020)


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What is TX Rail Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TX Rail Products's Average Total Inventories for the three months ended in Sep. 2020 was $1.76 Mil. TX Rail Products's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.00 Mil.

The historical rank and industry rank for TX Rail Products's Days Inventory or its related term are showing as below:

TXRP's Days Inventory is not ranked *
in the Industrial Distribution industry.
Industry Median: 88.49
* Ranked among companies with meaningful Days Inventory only.

TX Rail Products's Days Inventory declined from Dec. 2018 (199.34) to Sep. 2020 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. TX Rail Products's Inventory Turnover for the three months ended in Sep. 2020 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.


TX Rail Products Days Inventory Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Days Inventory Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 397.67 280.57 199.92 180.68 341.07

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 199.34 174.12 181.74 236.00 -

Competitive Comparison of TX Rail Products's Days Inventory

For the Industrial Distribution subindustry, TX Rail Products'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.


TX Rail Products's Days Inventory Distribution in the Industrial Distribution Industry

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

* The bar in red indicates where TX Rail Products's Days Inventory falls into.



TX Rail Products Days Inventory Calculation

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

TX Rail Products's Days Inventory for the fiscal year that ended in Sep. 2020 is calculated as

Days Inventory (A: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2019 ) + Total Inventories (A: Sep. 2020 )) / count ) / Cost of Goods Sold (A: Sep. 2020 )*Days in Period
=( (1.482 + 2.039) / 2 ) / 1.884*365
=1.7605 / 1.884*365
=341.07

TX Rail Products's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (1.482 + 2.039) / 2 ) / 0*365 / 4
=1.7605 / 0*365 / 4
=N/A

* 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.


TX Rail Products  (OTCPK:TXRP) 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.

TX Rail Products's Inventory Turnover for the three months ended in Sep. 2020 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.

TX Rail Products's Inventory to Revenue for the three months ended in Sep. 2020 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.


TX Rail Products Days Inventory Related Terms

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


TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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