GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tinna Trade Ltd (BOM:541741) » Definitions » Days Inventory

Tinna Trade (BOM:541741) Days Inventory : 30.14 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Tinna Trade Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tinna Trade's Average Total Inventories for the three months ended in Mar. 2024 was ₹275 Mil. Tinna Trade's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹831 Mil. Hence, Tinna Trade's Days Inventory for the three months ended in Mar. 2024 was 30.14.

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

BOM:541741' s Days Inventory Range Over the Past 10 Years
Min: 8.18   Med: 28.35   Max: 154
Current: 23.56

During the past 10 years, Tinna Trade's highest Days Inventory was 154.00. The lowest was 8.18. And the median was 28.35.

BOM:541741's Days Inventory is ranked better than
69.26% of 296 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs BOM:541741: 23.56

Tinna Trade's Days Inventory increased from Mar. 2023 (9.61) to Mar. 2024 (30.14). It might indicate that Tinna Trade's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tinna Trade's Inventory Turnover for the three months ended in Mar. 2024 was 3.03.

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. Tinna Trade's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Tinna Trade Days Inventory Historical Data

The historical data trend for Tinna Trade'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.

Tinna Trade Days Inventory Chart

Tinna Trade 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 19.57 44.64 29.74 15.14 25.82

Tinna Trade Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.61 14.67 15.08 25.83 30.14

Competitive Comparison of Tinna Trade's Days Inventory

For the Food Distribution subindustry, Tinna Trade'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.


Tinna Trade's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tinna Trade's Days Inventory distribution charts can be found below:

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



Tinna Trade Days Inventory Calculation

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

Tinna Trade'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
=( (51.816 + 274.614) / 2 ) / 2307.227*365
=163.215 / 2307.227*365
=25.82

Tinna Trade's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 274.614) / 1 ) / 831.285*365 / 4
=274.614 / 831.285*365 / 4
=30.14

* 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.


Tinna Trade  (BOM:541741) 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.

Tinna Trade's Inventory Turnover for the three months ended in Mar. 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.

Tinna Trade's Inventory to Revenue for the three months ended in Mar. 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.


Tinna Trade Days Inventory Related Terms

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


Tinna Trade (BOM:541741) Business Description

Traded in Other Exchanges
N/A
Address
Mandi Road, No. 6 Sultanpur, Mehrauli, New Delhi, IND, 110030
Tinna Trade Ltd is an India-based company engaged in wholesale trade services of agricultural commodities. It deals in pulses like yellow peas, green peas, chickpeas, lentils, kaspa peas, toor, and in grains and oilseed like wheat, maize, millet, sorghum, barley, mustard, soybean, edible oils, rapeseed meal. It has three operating segments: Trading in Agro Commodities; Cargo handling agent services; and Storage and warehousing services.

Tinna Trade (BOM:541741) Headlines

No Headlines