TOOD (Thermwood) Days Inventory: 120.49 (As of Jul. 2001)


What is Thermwood Days Inventory?

Thermwood TOOD Days Inventory is 120.49 as of Jul. 2001.

Days Inventory is also known as Days Sales of Inventory (DSI). Thermwood's Average Total Inventories for the three months ended in Jul. 2001 was $5.87 Mil. Thermwood's Cost of Goods Sold for the three months ended in Jul. 2001 was $4.45 Mil. Hence, Thermwood's Days Inventory for the three months ended in Jul. 2001 was 120.49.

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

TOOD's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.44
* Ranked among companies with meaningful Days Inventory only.

Thermwood's Days Inventory declined from Jul. 2000 (133.86) to Jul. 2001 (120.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thermwood's Inventory Turnover for the three months ended in Jul. 2001 was 0.76.

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. Thermwood's Inventory-to-Revenue for the three months ended in Jul. 2001 was 1.02.

Thermwood  (OTCPK:TOOD) 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.

Thermwood's Inventory Turnover for the three months ended in Jul. 2001 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.445 / 5.8695
=0.76

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.

Thermwood's Inventory to Revenue for the three months ended in Jul. 2001 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5.8695 / 5.741
=1.02

* 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.

Thermwood Days Inventory Related Terms

Thermwood Days Inventory Historical Data

* Premium members only.

The historical data trend for Thermwood'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.

Thermwood Days Inventory Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.01 144.84 144.00 137.27 150.56

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 133.86 165.29 152.77 184.58 120.49

TOOD vs EVTN, NRBT: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Thermwood'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.

Thermwood Days Inventory vs Industrial Products Industry

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

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


Thermwood Days Inventory Calculation

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

Thermwood's Days Inventory for the fiscal year that ended in Jul. 2001 is calculated as

Days Inventory (A: Jul. 2001 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2000 ) + Total Inventories (A: Jul. 2001 )) / count ) / Cost of Goods Sold (A: Jul. 2001 )*Days in Period
=( (6.592 + 5.494) / 2 ) / 14.65*365
=6.043 / 14.65*365
=150.56

Thermwood's Days Inventory for the quarter that ended in Jul. 2001 is calculated as:

Days Inventory (Q: Jul. 2001 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2001 ) + Total Inventories (Q: Jul. 2001 )) / count ) / Cost of Goods Sold (Q: Jul. 2001 )*Days in Period
=( (6.245 + 5.494) / 2 ) / 4.445*365 / 4
=5.8695 / 4.445*365 / 4
=120.49

* 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 120.49 mean?
Thermwood (TOOD) has a Days Inventory of 120.49 as of Jul. 2001. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Thermwood and its competitors.
Is Thermwood's Days Inventory too high?
Thermwood's current Days Inventory is 120.49. The Industrial Products industry median Days Inventory is 119.44. Thermwood's value of 120.49 is 0.9% above this industry median.
How does Thermwood's Days Inventory compare to EVTN and NRBT?
Thermwood's Days Inventory of 120.49 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.44. Thermwood's value of 120.49 is 0.9% above 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.44, based on 2,962 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. Thermwood's current Days Inventory of 120.49 is 0.9% above 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 Thermwood and its competitors. For the Industrial Products industry, the median Days Inventory is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermwood's current Days Inventory is 120.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current Days Inventory of 120.49. The current Days Inventory is 120.49 and 0.9% above the Industrial Products industry median of 119.44. 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 Thermwood (TOOD), the current Days Inventory is 120.49 as of Jul. 2001. 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.

Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.