The historical rank and industry rank for TAAT Global Alternatives's Days Inventory or its related term are showing as below:
TOBAF's Days Inventory is not ranked *
in the Tobacco Products industry.
Industry Median: 134.79 * Ranked among companies with meaningful Days Inventory only.
Inventory Turnover measures how fast the company turns over its inventory within a year.
TAAT Global Alternatives's Inventory Turnover for the
three
months ended in Jul. 2024 was 5.36.
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.
TAAT Global Alternatives's Inventory-to-Revenue for the
three
months ended in Jul. 2024 was 0.18.
TAAT Global Alternatives (OTCPK:TOBAF) 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.
TAAT Global Alternatives's Inventory Turnover for the
three
months ended in Jul. 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.
TAAT Global Alternatives's Inventory to Revenue for the
three
months ended in Jul. 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.
TAAT Global Alternatives Days Inventory Related Terms
TAAT Global Alternatives Days Inventory Historical Data
* 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.
TOBAF vs VPRB, XXII, CBDW: Days Inventory Comparison
For the Tobacco subindustry, TAAT Global Alternatives'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.
TAAT Global Alternatives Days Inventory vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Days Inventory distribution charts can be found below:
* The bar in red indicates where TAAT Global Alternatives'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.
TAAT Global Alternatives (TOBAF) has a Days Inventory of 17.02 as of Jul. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Days Inventory too high?
TAAT Global Alternatives' current Days Inventory is 17.02. The Tobacco Products industry median Days Inventory is 134.79. TAAT Global Alternatives' value of 17.02 is 87.4% below this industry median. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Days Inventory compare to VPRB and XXII?
TAAT Global Alternatives' Days Inventory of 17.02 can be compared against companies in the Tobacco Products industry. The industry median Days Inventory is 134.79. TAAT Global Alternatives' value of 17.02 is 87.4% 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 Tobacco Products company?
The median Days Inventory among Tobacco Products companies is 134.79, based on 47 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. TAAT Global Alternatives's current Days Inventory of 17.02 is 87.4% 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 TAAT Global Alternatives and its competitors. For the Tobacco Products industry, the median Days Inventory is 134.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAAT Global Alternatives's current Days Inventory is 17.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Days Inventory of 17.02. The current Days Inventory is 17.02 and 87.4% below the Tobacco Products industry median of 134.79. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Days Inventory is 17.02 as of Jul. 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.
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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