Days Inventory is also known as Days Sales of Inventory (DSI). Transact Technologies's Average Total Inventories for the
three
months ended in Dec. 2023 was $17.66 Mil. Transact Technologies's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $6.89 Mil.
Hence, Transact Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 233.74.
The historical rank and industry rank for Transact Technologies's Days Inventory or its related term are showing as below:
TACT'
s Days Inventory Range Over the Past 10 Years
Min: 106.81 Med: 143.37 Max: 241.58
Current: 160.25
During the past 13 years, Transact Technologies's highest Days Inventory was 241.58. The lowest was 106.81. And the median was 143.37.
TACT's Days Inventory is ranked worse than 70.67% of 2404
companies
in the Hardware industry
Industry Median: 104.035
vs TACT: 160.25
Transact Technologies's Days Inventory
increased
from Dec. 2022 (108.42) to Dec. 2023 (233.74).
It might indicate that Transact Technologies's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Transact Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.39.
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.
Transact Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.33.
Transact Technologies Days Inventory Historical Data
The historical data trend for Transact Technologies'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.
Transact Technologies Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
191.09
241.58
144.43
106.81
158.81
Transact Technologies Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
108.42
111.24
140.17
181.79
233.74
Competitive Comparison
For the Computer Hardware subindustry, Transact Technologies'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.
Transact Technologies Days Inventory Distribution
For the Hardware industry and Technology sector, Transact Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Transact Technologies's Days Inventory falls into.
Transact Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Transact Technologies'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.
Transact Technologies (NAS:TACT) 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.
Transact Technologies'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.
Transact Technologies'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.
Transact Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Transact Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Transact Technologies (Transact Technologies) Business Description
Transact Technologies Inc develops and sells software-driven technology and printing solutions. The company's software is sold under BOHA, AccuDate, Epic, EPICENTRAL, Ithaca, and Printrex brand names. It also provides supplies and consumables used in the printing and scanning activities to restaurant and hospitality, banking, retail, casino and gaming, point of sale automation, lottery, medical, mobile, oil, and gas markets. Most of the revenue is derived from the casinos and gaming industry followed by the Foodservice technology market. Its geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
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