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Tantalus Systems Holding (Tantalus Systems Holding) Days Inventory : 129.12 (As of Mar. 2024)


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What is Tantalus Systems Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tantalus Systems Holding's Average Total Inventories for the three months ended in Mar. 2024 was $6.20 Mil. Tantalus Systems Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.38 Mil. Hence, Tantalus Systems Holding's Days Inventory for the three months ended in Mar. 2024 was 129.12.

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

TNTLF' s Days Inventory Range Over the Past 10 Years
Min: 97.38   Med: 111.52   Max: 127.47
Current: 127.47

During the past 3 years, Tantalus Systems Holding's highest Days Inventory was 127.47. The lowest was 97.38. And the median was 111.52.

TNTLF's Days Inventory is ranked worse than
53.42% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs TNTLF: 127.47

Tantalus Systems Holding's Days Inventory increased from Mar. 2023 (94.50) to Mar. 2024 (129.12). It might indicate that Tantalus Systems Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantalus Systems Holding's Inventory Turnover for the three months ended in Mar. 2024 was 0.71.

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. Tantalus Systems Holding's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Tantalus Systems Holding Days Inventory Historical Data

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Days Inventory Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
116.48 100.28 110.87

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 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 94.50 116.37 145.65 133.95 129.12

Competitive Comparison of Tantalus Systems Holding's Days Inventory

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's Days Inventory falls into.



Tantalus Systems Holding Days Inventory Calculation

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

Tantalus Systems Holding'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
=( (5.691 + 6.635) / 2 ) / 20.289*365
=6.163 / 20.289*365
=110.87

Tantalus Systems Holding'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
=( (6.635 + 5.772) / 2 ) / 4.384*365 / 4
=6.2035 / 4.384*365 / 4
=129.12

* 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.


Tantalus Systems Holding  (OTCPK:TNTLF) 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.

Tantalus Systems Holding'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.

Tantalus Systems Holding'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.


Tantalus Systems Holding Days Inventory Related Terms

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


Tantalus Systems Holding (Tantalus Systems Holding) Business Description

Traded in Other Exchanges
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.

Tantalus Systems Holding (Tantalus Systems Holding) Headlines