TBI (TrueBlue) Days Inventory : 0.00 (As of Sep. 2024)

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What is TrueBlue Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TrueBlue's Average Total Inventories for the three months ended in Sep. 2024 was $0 Mil. TrueBlue's Cost of Goods Sold for the three months ended in Sep. 2024 was $282 Mil. Hence, TrueBlue's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

TBI's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 28.63
* Ranked among companies with meaningful Days Inventory only.

TrueBlue's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. TrueBlue's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

TrueBlue Days Inventory Historical Data

The historical data trend for TrueBlue'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.

TrueBlue Days Inventory Chart

TrueBlue Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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TrueBlue Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of TrueBlue's Days Inventory

For the Staffing & Employment Services subindustry, TrueBlue'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.

TrueBlue's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TrueBlue's Days Inventory distribution charts can be found below:

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

TrueBlue Days Inventory Calculation

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

TrueBlue'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
=	( (0	+	0)	/	1 )	/	1400.184	*	365
=	0					/	1400.184	*	365
=	0.00

TrueBlue'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: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	282.32	*	365 / 4
=	0					/	282.32	*	365 / 4
=	0.00

TrueBlue (NYSE:TBI) 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.

TrueBlue's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	282.32	/	0
	=

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.

TrueBlue's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	382.357
	=	0.00

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.

TrueBlue Days Inventory Related Terms

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

TrueBlue Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TrueBlue Inc (NYSE:TBI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 A Street, Tacoma, WA, USA, 98402

Website

https://www.trueblue.com

TrueBlue Inc is a provider of staffing and workforce management solutions. Its reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.

Executives

Kim Harris Jones	director	THREE LAKES DRIVE, NORTHFIELD IL 60093
Sonita Lontoh	director	C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Robert C. Kreidler	director	1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Richard P. Betori	officer: EVP; President - PeopleScout	1015 A STREET, TACOMA WA 98402
Taryn R Owen	officer: EVP,President - PeopleScout	1015 A ST, TACOMA WA 98402
Kristi A Savacool	director	100 HALF DAY ROAD, LINCOLNSHIRE IL 60069
Paul G Reitz	director	1301 FIRST AVENUE, COLUMBUS GA 31901
Carl Schweihs	officer: EVP, President - PeopleMgmt	1015 A STREET, TACOMA WA 98402
Kristy A. Fitzsimmons-willis	officer: EVP; President - PeopleReady	1015 A STREET, TACOMA WA 98402
Garrett Ferencz	officer: EVP, Chief Legal Officer	1015 A STREET, TACOMA WA 98402
William C. Goings	director	1015 A ST, TACOMA WA 98402
Derrek Lane Gafford	officer: EVP and CFO	1015 A STREET, P.O. BOX 2910, TACOMA WA 98402
Richard Christensen	officer: SVP, Chief Accounting Officer	1015 A STREET, TACOMA WA 98402
Steven C Cooper	director	PO BOX 2910, TACOMA WA 98401-2910
A. Patrick Beharelle	officer: CEO	1015 A STREET, TACOMA WA 98402