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TSDOF (Tessenderlo Group NV) Days Inventory : 96.76 (As of Jun. 2024)


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What is Tessenderlo Group NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tessenderlo Group NV's Average Total Inventories for the six months ended in Jun. 2024 was $632 Mil. Tessenderlo Group NV's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,192 Mil. Hence, Tessenderlo Group NV's Days Inventory for the six months ended in Jun. 2024 was 96.76.

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

TSDOF' s Days Inventory Range Over the Past 10 Years
Min: 81.13   Med: 86.93   Max: 101.95
Current: 101.95

During the past 13 years, Tessenderlo Group NV's highest Days Inventory was 101.95. The lowest was 81.13. And the median was 86.93.

TSDOF's Days Inventory is ranked better than
53.36% of 238 companies
in the Agriculture industry
Industry Median: 110.8 vs TSDOF: 101.95

Tessenderlo Group NV's Days Inventory increased from Jun. 2023 (86.20) to Jun. 2024 (96.76). It might indicate that Tessenderlo Group NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tessenderlo Group NV's Inventory Turnover for the six months ended in Jun. 2024 was 1.89.

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. Tessenderlo Group NV's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.42.


Tessenderlo Group NV Days Inventory Historical Data

The historical data trend for Tessenderlo Group NV'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.

Tessenderlo Group NV Days Inventory Chart

Tessenderlo Group NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.56 91.26 89.34 93.81 88.96

Tessenderlo Group NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 82.48 100.09 86.20 107.06 96.76

Competitive Comparison of Tessenderlo Group NV's Days Inventory

For the Agricultural Inputs subindustry, Tessenderlo Group NV'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.


Tessenderlo Group NV's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tessenderlo Group NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tessenderlo Group NV's Days Inventory falls into.



Tessenderlo Group NV Days Inventory Calculation

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

Tessenderlo Group NV'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
=( (600.636 + 659.215) / 2 ) / 2584.624*365
=629.9255 / 2584.624*365
=88.96

Tessenderlo Group NV's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (659.215 + 604.844) / 2 ) / 1192.035*365 / 2
=632.0295 / 1192.035*365 / 2
=96.76

* 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.


Tessenderlo Group NV  (OTCPK:TSDOF) 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.

Tessenderlo Group NV's Inventory Turnover for the six months ended in Jun. 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.

Tessenderlo Group NV's Inventory to Revenue for the six months ended in Jun. 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.


Tessenderlo Group NV Days Inventory Related Terms

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


Tessenderlo Group NV Business Description

Traded in Other Exchanges
Address
Troonstraat 130 Rue du Trone, Brussels, BEL, 1050
Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.