Days Inventory is also known as Days Sales of Inventory (DSI). Third Bench's Average Total Inventories for the
three
months ended in May. 2024 was $1.32 Mil. Third Bench's Cost of Goods Sold for the
three
months ended in May. 2024 was $1.89 Mil.
Hence, Third Bench's Days Inventory for the
three
months ended in May. 2024 was 63.75.
The historical rank and industry rank for Third Bench's Days Inventory or its related term are showing as below:
THBD's Days Inventory is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 96.07 * Ranked among companies with meaningful Days Inventory only.
Third Bench's Days Inventory
increased
from Aug. 2014 (0.00) to May. 2024 (63.75).
It might indicate that Third Bench's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Third Bench's Inventory Turnover for the
three
months ended in May. 2024 was 1.43.
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.
Third Bench's Inventory-to-Revenue for the
three
months ended in May. 2024 was 0.40.
Third Bench (OTCPK:THBD) 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.
Third Bench's Inventory Turnover for the
three
months ended in May. 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.
Third Bench's Inventory to Revenue for the
three
months ended in May. 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.
Third Bench Days Inventory Related Terms
Third Bench Days Inventory Historical Data
* Premium members only.
The historical data trend for Third Bench'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.
For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.
Third Bench Days Inventory vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Days Inventory distribution charts can be found below:
* The bar in red indicates where Third Bench's Days Inventory falls into.
* 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.
Third Bench (THBD) has a Days Inventory of 63.75 as of May. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Third Bench and its competitors.
Is Third Bench's Days Inventory too high?
Third Bench's current Days Inventory is 63.75. The Furnishings, Fixtures & Appliances industry median Days Inventory is 96.07. Third Bench's value of 63.75 is 33.6% below this industry median.
How does Third Bench's Days Inventory compare to SGI and SN?
Third Bench's Days Inventory of 63.75 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Days Inventory is 96.07. Third Bench's value of 63.75 is 33.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Furnishings, Fixtures & Appliances company?
The median Days Inventory among Furnishings, Fixtures & Appliances companies is 96.07, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Third Bench's current Days Inventory of 63.75 is 33.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Third Bench and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Inventory is 96.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Bench's current Days Inventory is 63.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Days Inventory of 63.75. The current Days Inventory is 63.75 and 33.6% below the Furnishings, Fixtures & Appliances industry median of 96.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Third Bench (THBD), the current Days Inventory is 63.75 as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.
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