Days Inventory is also known as Days Sales of Inventory (DSI). Tech Data's Average Total Inventories for the
three
months ended in Apr. 2020 was $3,054 Mil. Tech Data's Cost of Goods Sold for the
three
months ended in Apr. 2020 was $7,644 Mil.
Hence, Tech Data's Days Inventory for the
three
months ended in Apr. 2020 was 36.46.
The historical rank and industry rank for Tech Data's Days Inventory or its related term are showing as below:
TECD's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 102.45 * Ranked among companies with meaningful Days Inventory only.
Tech Data's Days Inventory
declined
from Apr. 2019 (37.89) to Apr. 2020 (36.46).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tech Data's Inventory Turnover for the
three
months ended in Apr. 2020 was 2.50.
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.
Tech Data's Inventory-to-Revenue for the
three
months ended in Apr. 2020 was 0.37.
Tech Data Days Inventory Historical Data
The historical data trend for Tech Data'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 Tech Data's Days Inventory
For the Electronics & Computer Distribution subindustry, Tech Data'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.
Tech Data's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Tech Data's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tech Data's Days Inventory falls into.
Tech Data Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tech Data's Days Inventory for the fiscal year that ended in Jan. 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.
Tech Data (NAS:TECD) 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.
Tech Data's Inventory Turnover for the
three
months ended in Apr. 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.
Tech Data's Inventory to Revenue for the
three
months ended in Apr. 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.
Tech Data Days Inventory Related Terms
Thank you for viewing the detailed overview of Tech Data's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tech Data Corp is a wholesale distributor of technology products. It acts as an intermediary in the technology supply chain by bringing products from technology vendors to market and providing customers with logistics capabilities. The firm's customers include value-added resellers, direct marketers, retailers, and corporate resellers. Nearly half of its product mix is broadline products including notebooks, desktops, and printers; the rest includes data center, software, mobility, and consumer electronics products. More than half of the firm's revenue is generated in the Americas and the rest from Europe.
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