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Transaction Capital (JSE:TCP) Days Inventory : 195.11 (As of Mar. 2024)


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What is Transaction Capital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Transaction Capital's Average Total Inventories for the six months ended in Mar. 2024 was R2,027 Mil. Transaction Capital's Cost of Goods Sold for the six months ended in Mar. 2024 was R1,896 Mil. Hence, Transaction Capital's Days Inventory for the six months ended in Mar. 2024 was 195.11.

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

JSE:TCP' s Days Inventory Range Over the Past 10 Years
Min: 5.41   Med: 59.72   Max: 131.6
Current: 36.11

During the past 13 years, Transaction Capital's highest Days Inventory was 131.60. The lowest was 5.41. And the median was 59.72.

JSE:TCP's Days Inventory is ranked worse than
52.53% of 99 companies
in the Credit Services industry
Industry Median: 40.43 vs JSE:TCP: 36.11

Transaction Capital's Days Inventory declined from Mar. 2023 (281.79) to Mar. 2024 (195.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Transaction Capital's Inventory Turnover for the six months ended in Mar. 2024 was 0.94.

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. Transaction Capital's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.62.


Transaction Capital Days Inventory Historical Data

The historical data trend for Transaction Capital'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.

Transaction Capital Days Inventory Chart

Transaction Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.49 131.60 97.25 52.16 48.10

Transaction Capital Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 53.11 48.68 281.79 25.19 195.11

Competitive Comparison of Transaction Capital's Days Inventory

For the Credit Services subindustry, Transaction Capital'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.


Transaction Capital's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Transaction Capital's Days Inventory distribution charts can be found below:

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



Transaction Capital Days Inventory Calculation

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

Transaction Capital's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (3790 + 3005) / 2 ) / 25783*365
=3397.5 / 25783*365
=48.10

Transaction Capital'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3005 + 1049) / 2 ) / 1896*365 / 2
=2027 / 1896*365 / 2
=195.11

* 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.


Transaction Capital  (JSE:TCP) 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.

Transaction Capital's Inventory Turnover for the six 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.

Transaction Capital's Inventory to Revenue for the six 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.


Transaction Capital Days Inventory Related Terms

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


Transaction Capital (JSE:TCP) Business Description

Traded in Other Exchanges
Address
24 Cradock and Tyrwhitt Avenue, The Bank, 12th Floor, Rosebank, Johannesburg, GT, ZAF, 2196
Transaction Capital Ltd is an investment holding company. The company's operating segment includes SA Taxi; Nutun, WeBuyCars, and Group executive office. It generates maximum revenue from the WeBuyCars segment. WeBuyCars segment includes buyer, distributor, and retailer of vehicles, which also offers financial and other allied products. SA Taxi segment is engaged in a vertically integrated taxi platform incorporating a unique blend of vehicle procurement, retail, repossession and refurbishment capabilities with asset-backed developmental finance and insurance competencies for focused vehicle types.