TRUK (Truck Hero) Days Inventory: 41.75 (As of Jun. 2015)


What is Truck Hero Days Inventory?

Truck Hero TRUK Days Inventory is 41.75 as of Jun. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). Truck Hero's Average Total Inventories for the six months ended in Jun. 2015 was $27.99 Mil. Truck Hero's Cost of Goods Sold for the six months ended in Jun. 2015 was $122.37 Mil. Hence, Truck Hero's Days Inventory for the six months ended in Jun. 2015 was 41.75.

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

TRUK's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.26
* Ranked among companies with meaningful Days Inventory only.

Truck Hero's Days Inventory increased from Dec. 2013 (0.00) to Jun. 2015 (41.75). It might indicate that Truck Hero's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Truck Hero's Inventory Turnover for the six months ended in Jun. 2015 was 4.37.

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. Truck Hero's Inventory-to-Revenue for the six months ended in Jun. 2015 was 0.15.

Truck Hero  (NYSE:TRUK) 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.

Truck Hero's Inventory Turnover for the six months ended in Jun. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=122.365 / 27.992
=4.37

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.

Truck Hero's Inventory to Revenue for the six months ended in Jun. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=27.992 / 189.212
=0.15

* 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.

Truck Hero Days Inventory Related Terms

Truck Hero Days Inventory Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero Days Inventory Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Days Inventory
49.31 0.00

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Days Inventory 0.00 34.75 41.75

TRUK vs IMLE, PFTI, OMTK: Days Inventory Comparison

For the Auto Parts subindustry, Truck Hero'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.

Truck Hero Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Truck Hero's Days Inventory distribution charts can be found below:

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


Truck Hero Days Inventory Calculation

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

Truck Hero's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (13.657 + 17.441) / 2 ) / 0*365
=15.549 / 0*365
=N/A

Truck Hero's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (0 + 27.992) / 1 ) / 122.365*365 / 2
=27.992 / 122.365*365 / 2
=41.75

* 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 41.75 mean?
Truck Hero (TRUK) has a Days Inventory of 41.75 as of Jun. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Truck Hero and its competitors.
Is Truck Hero's Days Inventory too high?
Truck Hero's current Days Inventory is 41.75. The Vehicles & Parts industry median Days Inventory is 80.26. Truck Hero's value of 41.75 is 48% below this industry median.
How does Truck Hero's Days Inventory compare to IMLE and PFTI?
Truck Hero's Days Inventory of 41.75 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.26. Truck Hero's value of 41.75 is 48% 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.26, based on 1,292 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. Truck Hero's current Days Inventory of 41.75 is 48% 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 Truck Hero and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truck Hero's current Days Inventory is 41.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Days Inventory of 41.75. The current Days Inventory is 41.75 and 48% below the Vehicles & Parts industry median of 80.26. 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 Truck Hero (TRUK), the current Days Inventory is 41.75 as of Jun. 2015. 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.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.