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Triton International (Triton International) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is Triton International Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Triton International's Cost of Goods Sold for the three months ended in Dec. 2023 was $245 Mil. Triton International's Average Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Triton International's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Triton International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Triton International Inventory Turnover Historical Data

The historical data trend for Triton International's Inventory Turnover 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.

Triton International Inventory Turnover Chart

Triton International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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Triton International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Triton International Inventory Turnover Calculation

Triton International's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=1006.04 / ((0 + 0) / 1 )
=1006.04 / 0
=N/A

Triton International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=244.822 / ((0 + 0) / 1 )
=244.822 / 0
=N/A

* 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.


Triton International  (NYSE:TRTN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Triton International's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/244.822*365 / 4
=0.00

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.

Triton International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 399.317
=0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Triton International Inventory Turnover Related Terms

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Triton International (Triton International) Business Description

Traded in Other Exchanges
N/A
Address
31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10
Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. The operating segments are Equipment leasing and Equipment trading. It has a presence in Asia, Europe, America, Bermuda, and Other countries. The company leases equipment such as Dry freight, Refrigerated, Special, Chassis, and Tank containers. The revenue is generated from the Equipment leasing segment.
Executives
Thanos Holdings Ltd 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
John C Hellmann director
Brookfield Infrastructure Partners L.p. 10 percent owner 73 FRONT STREET, HAMILTON D0 HM12
Brookfield Infrastructure Corp 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
David Joynt director 181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
Ben Vaughan director 181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
James Bodi director 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Thanos Aggregator Llc 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield Infrastructure Partners Ltd 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Bif V Bermuda Gp Ltd 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bif V Carry Splitter L.p. 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bipc Holding Lp 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bif V Thanos Carry L.p. 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield If V Thanos Aggregator Llc 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12