Tyro Payments (ASX:TYR) Days Inventory : 0.90 (As of Dec. 2024)

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What is Tyro Payments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tyro Payments's Average Total Inventories for the six months ended in Dec. 2024 was A$0.6 Mil. Tyro Payments's Cost of Goods Sold for the six months ended in Dec. 2024 was A$131.6 Mil. Hence, Tyro Payments's Days Inventory for the six months ended in Dec. 2024 was 0.90.

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

ASX:TYR' s Days Inventory Range Over the Past 10 Years
Min: 0.19 Med: 0.55 Max: 2.04
Current: 1.38

During the past 6 years, Tyro Payments's highest Days Inventory was 2.04. The lowest was 0.19. And the median was 0.55.

ASX:TYR's Days Inventory is ranked better than
85.16% of 1604 companies
in the Software industry
Industry Median: 21.84 vs ASX:TYR: 1.38

Tyro Payments's Days Inventory declined from Dec. 2023 (2.57) to Dec. 2024 (0.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tyro Payments's Inventory Turnover for the six months ended in Dec. 2024 was 202.86.

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. Tyro Payments's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.00.

Tyro Payments Days Inventory Historical Data

The historical data trend for Tyro Payments'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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Tyro Payments Days Inventory Chart

Tyro Payments Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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0.19

0.29

0.55

1.88

2.04

Tyro Payments Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial							1.43	2.72	2.57	1.77	0.90

Competitive Comparison of Tyro Payments's Days Inventory

For the Software - Infrastructure subindustry, Tyro Payments'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.

Tyro Payments's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Tyro Payments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tyro Payments's Days Inventory falls into.

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Tyro Payments Days Inventory Calculation

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

Tyro Payments's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (2.027	+	0.783)	/	2 )	/	251.674	*	365
=	1.405					/	251.674	*	365
=	2.04

Tyro Payments's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.783	+	0.514)	/	2 )	/	131.556	*	365 / 2
=	0.6485					/	131.556	*	365 / 2
=	0.90

Tyro Payments (ASX:TYR) 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.

Tyro Payments's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	131.556	/	0.6485
	=	202.86

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.

Tyro Payments's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.6485	/	247.213
	=	0.00

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.

Tyro Payments Days Inventory Related Terms

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

Tyro Payments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyro Payments Ltd (ASX:TYR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TYPMF:USA

Address

55 Market Street, Level 18, Sydney, NSW, AUS, 2000

Website

https://www.tyro.com

Tyro Payments is an Australian financial technology company engaged in providing routing payments solutions and business banking products to merchants. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding its reach into the trade, accommodation and services verticals. Tyro's value propositions include extensive industry-specific solutions, ease of integration with point-of-sale systems, broad acceptance of payment types and a variety of ancillary features. Despite Tyro's historic focus on in-store sales, it is also building up online gateways to facilitate e-commerce transactions and build out a multichannel payment solution. Geographically, it operates only in Australia.

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