TPC Consolidated (ASX:TPC) Days Inventory : 3.99 (As of Dec. 2023)

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What is TPC Consolidated Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TPC Consolidated's Average Total Inventories for the six months ended in Dec. 2023 was A$1.1 Mil. TPC Consolidated's Cost of Goods Sold for the six months ended in Dec. 2023 was A$48.3 Mil. Hence, TPC Consolidated's Days Inventory for the six months ended in Dec. 2023 was 3.99.

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

ASX:TPC' s Days Inventory Range Over the Past 10 Years
Min: 0.16 Med: 0.41 Max: 5.44
Current: 2.07

During the past 13 years, TPC Consolidated's highest Days Inventory was 5.44. The lowest was 0.16. And the median was 0.41.

ASX:TPC's Days Inventory is ranked better than
89.42% of 463 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs ASX:TPC: 2.07

TPC Consolidated's Days Inventory increased from Dec. 2022 (0.11) to Dec. 2023 (3.99). It might indicate that TPC Consolidated's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TPC Consolidated's Inventory Turnover for the six months ended in Dec. 2023 was 45.79.

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. TPC Consolidated's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

TPC Consolidated Days Inventory Historical Data

The historical data trend for TPC Consolidated'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.

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TPC Consolidated Days Inventory Chart

TPC Consolidated Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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0.33

0.28

0.24

0.16

0.18

TPC Consolidated 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															0.18	0.14	0.11	0.04	3.99

Competitive Comparison of TPC Consolidated's Days Inventory

For the Utilities - Diversified subindustry, TPC Consolidated'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.

TPC Consolidated's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TPC Consolidated's Days Inventory distribution charts can be found below:

* The bar in red indicates where TPC Consolidated's Days Inventory falls into.

TPC Consolidated Days Inventory Calculation

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

TPC Consolidated's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.045	+	0)	/	1 )	/	93.353	*	365
=	0.045					/	93.353	*	365
=	0.18

TPC Consolidated'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
=	( (0	+	1.054)	/	1 )	/	48.266	*	365 / 2
=	1.054					/	48.266	*	365 / 2
=	3.99

TPC Consolidated (ASX:TPC) 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.

TPC Consolidated's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.266	/	1.054
	=	45.79

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.

TPC Consolidated's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.054	/	66.057
	=	0.02

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.

TPC Consolidated Days Inventory Related Terms

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

TPC Consolidated (ASX:TPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » TPC Consolidated Ltd (ASX:TPC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

T7P:Germany

Address

225 George Street, Level 29, Sydney, NSW, AUS, 2000

Website

https://www.tpc.com.au

TPC Consolidated Ltd is engaged in the provision of retail electricity and gas services to residential and business customers and the provision of pre-paid mobile and related services in Australia. The company operates through two segments comprising Energy Services and Telecommunication Services, out of which the vast majority of the revenue is generated from Energy Services.