TIOG (Tingo Group) Days Inventory: 0.03 (As of Sep. 2023)

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TIOG Tingo Group Inc TIOG
16 GF Score
Price $0.00
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What is Tingo Group Days Inventory?

Tingo Group TIOG -99.50% 16 Days Inventory is 0.03 as of Sep. 2023. GuruFocus rates TIOG with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Tingo Group's Average Total Inventories for the three months ended in Sep. 2023 was $0 Mil. Tingo Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $448 Mil. Hence, Tingo Group's Days Inventory for the three months ended in Sep. 2023 was 0.03.

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

TIOG's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.41
* Ranked among companies with meaningful Days Inventory only.

Tingo Group's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (0.03). It might indicate that Tingo Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tingo Group's Inventory Turnover for the three months ended in Sep. 2023 was 3,146.22.

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. Tingo Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Tingo Group  (OTCPK:TIOG) 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.

Tingo Group's Inventory Turnover for the three months ended in Sep. 2023 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.

Tingo Group's Inventory to Revenue for the three months ended in Sep. 2023 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.


Tingo Group Days Inventory Related Terms


Tingo Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Tingo Group'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.

Tingo Group Days Inventory Chart

Tingo Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.75 1,874.62 593.61 15.73 0.00

Tingo Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 0.02 0.03

TIOG vs AMJT, TRAK, PSQH: Days Inventory Comparison

For the Software - Application subindustry, Tingo Group'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.


Tingo Group Days Inventory vs Software Industry

For the Software industry and Technology sector, Tingo Group's Days Inventory distribution charts can be found below:

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


TIOG
16GF Score
Tingo Group Inc TIOG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Tingo Group Days Inventory Calculation

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

Tingo Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 81.243*365
=0 / 81.243*365
=0.00

Tingo Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.142 + 0.143) / 2 ) / 448.336*365 / 4
=0.1425 / 448.336*365 / 4
=0.03

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.03 mean?
Tingo Group (TIOG) has a Days Inventory of 0.03 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tingo Group and its competitors.
Is Tingo Group's Days Inventory too high?
Tingo Group's current Days Inventory is 0.03. The Software industry median Days Inventory is 20.41. Tingo Group's value of 0.03 is 99.9% below this industry median. Overall, Tingo Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Tingo Group's Days Inventory compare to AMJT and TRAK?
Tingo Group's Days Inventory of 0.03 can be compared against companies in the Software industry. The industry median Days Inventory is 20.41. Tingo Group's value of 0.03 is 99.9% 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 Software company?
The median Days Inventory among Software companies is 20.41, based on 1,651 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. Tingo Group's current Days Inventory of 0.03 is 99.9% 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 Tingo Group and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tingo Group's current Days Inventory is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tingo Group stock overvalued right now?
Tingo Group (TIOG) has a current Days Inventory of 0.03. The current Days Inventory is 0.03 and 99.9% below the Software industry median of 20.41. Tingo Group's overall GF Score™ is 16/100. 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 Tingo Group (TIOG), the current Days Inventory is 0.03 as of Sep. 2023. 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.

Tingo Group Business Description

Address 28 West Grand Avenue, Suite 3, Montvale, NJ, USA, 07645
Tingo Group Inc is a financial technology business focusing on the growth and development technology company currently selling insurance products across various cities in China, with planned expansion into additional markets. Tingo Group has developed scalable proprietary platforms for insurance products and financial services and products, the technology for which is adaptable for other applications and markets. It is a Fintech and Agri-Fintech group of companies with operations in Africa, Southeast Asia and the Middle East.
16GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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