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TRRVF (TerraVest Industries) Days Inventory : 121.49 (As of Dec. 2024)


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What is TerraVest Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TerraVest Industries's Average Total Inventories for the three months ended in Dec. 2024 was $153.2 Mil. TerraVest Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was $115.1 Mil. Hence, TerraVest Industries's Days Inventory for the three months ended in Dec. 2024 was 121.49.

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

TRRVF' s Days Inventory Range Over the Past 10 Years
Min: 97.22   Med: 118.3   Max: 177.66
Current: 118.25

During the past 13 years, TerraVest Industries's highest Days Inventory was 177.66. The lowest was 97.22. And the median was 118.30.

TRRVF's Days Inventory is ranked worse than
87.54% of 698 companies
in the Oil & Gas industry
Industry Median: 32.415 vs TRRVF: 118.25

TerraVest Industries's Days Inventory increased from Dec. 2023 (108.98) to Dec. 2024 (121.49). It might indicate that TerraVest Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TerraVest Industries's Inventory Turnover for the three months ended in Dec. 2024 was 0.75.

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. TerraVest Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.93.


TerraVest Industries Days Inventory Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Days Inventory Chart

TerraVest Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.77 174.80 135.29 139.35 115.01

TerraVest Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 108.98 120.23 117.85 120.82 121.49

Competitive Comparison of TerraVest Industries's Days Inventory

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


TerraVest Industries's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TerraVest Industries's Days Inventory distribution charts can be found below:

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


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TerraVest Industries Days Inventory Calculation

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

TerraVest Industries's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (145.776 + 155.898) / 2 ) / 478.703*365
=150.837 / 478.703*365
=115.01

TerraVest Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (155.898 + 150.546) / 2 ) / 115.084*365 / 4
=153.222 / 115.084*365 / 4
=121.49

* 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.


TerraVest Industries  (OTCPK:TRRVF) 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.

TerraVest Industries's Inventory Turnover for the three months ended in Dec. 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.

TerraVest Industries's Inventory to Revenue for the three months ended in Dec. 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.


TerraVest Industries Days Inventory Related Terms

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


TerraVest Industries Business Description

Traded in Other Exchanges
Address
60th Street, Suite 6205, Vegreville, AB, CAN, T9C 1S3
TerraVest Industries Inc manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include Home Heating and Cooling Products and Containment Equipment (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment), and Service. The majority of its revenue is generated from its HVAC and Cooling Products and Containment Equipment segment which manufactures and distributes products including commercial and residential refined fuel tanks, wastewater treatment systems, grease removal systems, and other custom-built steel storage products.

TerraVest Industries Headlines