TSPG (TGI Solar Power Group) Days Inventory: 0.00 (As of Jul. 2023)


What is TGI Solar Power Group Days Inventory?

TGI Solar Power Group TSPG +1.82% Days Inventory is 0.00 as of Jul. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). TGI Solar Power Group's Average Total Inventories for the six months ended in Jul. 2023 was $0.00 Mil. TGI Solar Power Group's Cost of Goods Sold for the six months ended in Jul. 2023 was $0.00 Mil.

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

TSPG's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 111.84
* Ranked among companies with meaningful Days Inventory only.

TGI Solar Power Group's Days Inventory stayed the same from Jul. 2017 (0.00) to Jul. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. TGI Solar Power Group's Inventory-to-Revenue for the six months ended in Jul. 2023 was 0.00.

TGI Solar Power Group  (OTCPK:TSPG) 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.

TGI Solar Power Group's Inventory Turnover for the six months ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0
=

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.

TGI Solar Power Group's Inventory to Revenue for the six months ended in Jul. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.023
=0.00

* 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.

TGI Solar Power Group Days Inventory Related Terms

TGI Solar Power Group Days Inventory Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group Days Inventory Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Days Inventory
0.00 0.00 0.00 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Days Inventory 0.00 0.00 0.00 0.00 0.00

TSPG vs ASTI, PTOS, GSLR: Days Inventory Comparison

For the Solar subindustry, TGI Solar Power Group'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.

TGI Solar Power Group Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TGI Solar Power Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where TGI Solar Power Group's Days Inventory falls into.


TGI Solar Power Group Days Inventory Calculation

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

TGI Solar Power Group's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

TGI Solar Power Group's Days Inventory for the quarter that ended in Jul. 2023 is calculated as:

Days Inventory (Q: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2022 ) + Total Inventories (Q: Jul. 2023 )) / count ) / Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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 0.00 mean?
TGI Solar Power Group (TSPG) has a Days Inventory of 0.00 as of Jul. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Days Inventory too high?
TGI Solar Power Group's current Days Inventory is 0.00.
How does TGI Solar Power Group's Days Inventory compare to ASTI and PTOS?
TGI Solar Power Group's Days Inventory of 0.00 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 981 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. 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 TGI Solar Power Group and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGI Solar Power Group's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 TGI Solar Power Group (TSPG), the current Days Inventory is 0.00 as of Jul. 2023. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.