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Trifast (AQSE:TRI.GB) Days Inventory : 163.22 (As of Sep. 2024)


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What is Trifast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trifast's Average Total Inventories for the six months ended in Sep. 2024 was £74.0 Mil. Trifast's Cost of Goods Sold for the six months ended in Sep. 2024 was £82.7 Mil. Hence, Trifast's Days Inventory for the six months ended in Sep. 2024 was 163.22.

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

AQSE:TRI.GB' s Days Inventory Range Over the Past 10 Years
Min: 112.94   Med: 139.99   Max: 179.92
Current: 165.8

During the past 13 years, Trifast's highest Days Inventory was 179.92. The lowest was 112.94. And the median was 139.99.

AQSE:TRI.GB's Days Inventory is ranked worse than
67.79% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs AQSE:TRI.GB: 165.80

Trifast's Days Inventory declined from Sep. 2023 (182.10) to Sep. 2024 (163.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Trifast's Inventory Turnover for the six months ended in Sep. 2024 was 1.12.

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. Trifast's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.65.


Trifast Days Inventory Historical Data

The historical data trend for Trifast'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.

Trifast Days Inventory Chart

Trifast Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.82 150.43 163.71 179.92 171.98

Trifast Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 192.97 192.66 182.10 164.39 163.22

Competitive Comparison of Trifast's Days Inventory

For the Tools & Accessories subindustry, Trifast'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.


Trifast's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Trifast's Days Inventory falls into.



Trifast Days Inventory Calculation

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

Trifast's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (90.948 + 73.403) / 2 ) / 174.404*365
=82.1755 / 174.404*365
=171.98

Trifast's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (73.403 + 74.497) / 2 ) / 82.687*365 / 2
=73.95 / 82.687*365 / 2
=163.22

* 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.


Trifast  (AQSE:TRI.GB) 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.

Trifast's Inventory Turnover for the six months ended in Sep. 2024 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.

Trifast's Inventory to Revenue for the six months ended in Sep. 2024 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.


Trifast Days Inventory Related Terms

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


Trifast Business Description

Traded in Other Exchanges
Address
Bellbrook Park, Trifast House, Uckfield, East Sussex, GBR, TN22 1QW
Trifast PLC is engaged in the engineering, manufacturing, and distributing of industrial fastenings and category C components to industrial and retail customers. It serves Electronics, Automotive, Domestic appliances, Distributors, General Industrial, and other sectors. The company's product offerings include screws and bolts, nuts, fasteners, washers, seals, tooling, and driver bits among others. Its geographical segments include the UK and Ireland, Europe, North America, and Asia. It derives a majority of its revenue from the Europe segment which represents the revenue generated from its business in Norway, Sweden, Hungary, Holland, Italy, Germany, and Spain.

Trifast Headlines

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