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Trayal Korporacija a.d (XBEL:TRAY) Days Inventory : 171.80 (As of Dec. 2023)


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What is Trayal Korporacija a.d Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trayal Korporacija a.d's Average Total Inventories for the six months ended in Dec. 2023 was RSD2,393 Mil. Trayal Korporacija a.d's Cost of Goods Sold for the six months ended in Dec. 2023 was RSD2,542 Mil. Hence, Trayal Korporacija a.d's Days Inventory for the six months ended in Dec. 2023 was 171.80.

The historical rank and industry rank for Trayal Korporacija a.d's Days Inventory or its related term are showing as below:

XBEL:TRAY' s Days Inventory Range Over the Past 10 Years
Min: 159.57   Med: 218.89   Max: 365.82
Current: 165.17

During the past 9 years, Trayal Korporacija a.d's highest Days Inventory was 365.82. The lowest was 159.57. And the median was 218.89.

XBEL:TRAY's Days Inventory is not ranked
in the Vehicles & Parts industry.
Industry Median: 81.74 vs XBEL:TRAY: 165.17

Trayal Korporacija a.d's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (171.80). It might indicate that Trayal Korporacija a.d's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trayal Korporacija a.d's Inventory Turnover for the six months ended in Dec. 2023 was 1.06.

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. Trayal Korporacija a.d's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.52.

Trayal Korporacija a.d Days Inventory Historical Data

The historical data trend for Trayal Korporacija a.d'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.

Trayal Korporacija a.d Days Inventory Chart

Trayal Korporacija a.d Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 206.36 211.23 226.54 159.57 180.58

Trayal Korporacija a.d Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only - - - 144.95 171.80

Competitive Comparison of Trayal Korporacija a.d's Days Inventory

For the Auto Parts subindustry, Trayal Korporacija a.d'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.

Trayal Korporacija a.d's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trayal Korporacija a.d's Days Inventory distribution charts can be found below:

* The bar in red indicates where Trayal Korporacija a.d's Days Inventory falls into.


Trayal Korporacija a.d Days Inventory Calculation

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

Trayal Korporacija a.d'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
=( (2619.895 + 2778.304) / 2 ) / 5455.59*365
=2699.0995 / 5455.59*365
=180.58

Trayal Korporacija a.d's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2007.964 + 2778.304) / 2 ) / 2542.139*365 / 2
=2393.134 / 2542.139*365 / 2
=171.80

* 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.

Trayal Korporacija a.d  (XBEL:TRAY) 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.

Trayal Korporacija a.d's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2542.139 / 2393.134
=1.06

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.

Trayal Korporacija a.d's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2393.134 / 4597.836
=0.52

* 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.

Trayal Korporacija a.d Days Inventory Related Terms

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

Trayal Korporacija a.d (XBEL:TRAY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trayal Korporacija a.d (XBEL:TRAY) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Parunovacka 18 V, Krusevac, SRB, 37000
Website
http://www.trayal.rs
Trayal Korporacija a.d is engaged in the manufacture of rubber tires, retreading and rebuilding of rubber tires.

Trayal Korporacija a.d (XBEL:TRAY) Headlines

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