Techtronic Industries Co (Techtronic Industries Co) Days Inventory

: 191.57 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Techtronic Industries Co's Average Total Inventories for the six months ended in Dec. 2023 was $4,339 Mil. Techtronic Industries Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $4,134 Mil. Hence, Techtronic Industries Co's Days Inventory for the six months ended in Dec. 2023 was 191.57.

The historical rank and industry rank for Techtronic Industries Co's Days Inventory or its related term are showing as below:

TTNDY' s Days Inventory Range Over the Past 10 Years
Min: 114.98 Med: 141.17 Max: 225.66
Current: 201.14

During the past 13 years, Techtronic Industries Co's highest Days Inventory was 225.66. The lowest was 114.98. And the median was 141.17.

TTNDY's Days Inventory is ranked worse than
76.3% of 2907 companies
in the Industrial Products industry
Industry Median: 120.15 vs TTNDY: 201.14

Techtronic Industries Co's Days Inventory declined from Dec. 2022 (250.74) to Dec. 2023 (191.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Techtronic Industries Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.95.

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. Techtronic Industries Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.63.

Techtronic Industries Co Days Inventory Historical Data

The historical data trend for Techtronic Industries Co'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.

Techtronic Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

148.31

160.75

182.32

225.47

201.63

Techtronic Industries Co 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															204.81	214.59	250.74	211.12	191.57

Competitive Comparison

For the Tools & Accessories subindustry, Techtronic Industries Co'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.

Techtronic Industries Co Days Inventory Distribution

For the Industrial Products industry and Industrials sector, Techtronic Industries Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Techtronic Industries Co's Days Inventory falls into.

Techtronic Industries Co Days Inventory Calculation

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

Techtronic Industries Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (5084.951	+	4098.161)	/	2 )	/	8311.775	*	365
=	4591.556					/	8311.775	*	365
=	201.63

Techtronic Industries Co'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
=	( (4580.813	+	4098.161)	/	2 )	/	4133.975	*	365 / 2
=	4339.487					/	4133.975	*	365 / 2
=	191.57

Techtronic Industries Co (OTCPK:TTNDY) 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.

Techtronic Industries Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4133.975	/	4339.487
	=	0.95

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.

Techtronic Industries Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4339.487	/	6851.947
	=	0.63

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.

Techtronic Industries Co Days Inventory Related Terms

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

Techtronic Industries Co (Techtronic Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Techtronic Industries Co Ltd (OTCPK:TTNDY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TTNDF:USA 00669:Hong Kong TIB1:Germany

Address

51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.ttigroup.com

Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.