Days Inventory is also known as Days Sales of Inventory (DSI). Trio-Tech International's Average Total Inventories for the
three
months ended in Dec. 2023 was $3.78 Mil. Trio-Tech International's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $9.35 Mil.
Hence, Trio-Tech International's Days Inventory for the
three
months ended in Dec. 2023 was 36.94.
The historical rank and industry rank for Trio-Tech International's Days Inventory or its related term are showing as below:
TRT'
s Days Inventory Range Over the Past 10 Years
Min: 16.4 Med: 25 Max: 35.98
Current: 35.98
During the past 13 years, Trio-Tech International's highest Days Inventory was 35.98. The lowest was 16.40. And the median was 25.00.
TRT's Days Inventory is ranked better than 90.01% of 941
companies
in the Semiconductors industry
Industry Median: 131.11
vs TRT: 35.98
Trio-Tech International's Days Inventory
increased
from Dec. 2022 (34.10) to Dec. 2023 (36.94).
It might indicate that Trio-Tech International's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Trio-Tech International's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.47.
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.
Trio-Tech International's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.31.
Trio-Tech International Days Inventory Historical Data
The historical data trend for Trio-Tech International'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 Trio-Tech International's Days Inventory
For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.
Trio-Tech International Days Inventory Distribution
For the Semiconductors industry and Technology sector, Trio-Tech International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Trio-Tech International's Days Inventory falls into.
Trio-Tech International Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Trio-Tech International's Days Inventory for the fiscal year that ended in Jun. 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.
Trio-Tech International (AMEX:TRT) 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.
Trio-Tech International'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.
Trio-Tech International'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.
Trio-Tech International Days Inventory Related Terms
Thank you for viewing the detailed overview of Trio-Tech International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Trio-Tech International (Trio-Tech International) Business Description
Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.
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