Tronics Microsystems (XPAR:ALTRO) Days Inventory : 414.38 (As of Sep. 2023)

Tronics Microsystems Days Inventory Chart

Tronics Microsystems Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Mar19	Mar20	Mar21	Mar22	Mar23
Days Inventory		Get a 7-Day Free Trial					239.54	446.52	430.11	572.70	433.23

Tronics Microsystems Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															399.45	1,253.15	518.12	450.13	414.38

Competitive Comparison of Tronics Microsystems's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Tronics Microsystems'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.

Tronics Microsystems's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tronics Microsystems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tronics Microsystems's Days Inventory falls into.

Tronics Microsystems Days Inventory Calculation

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

Tronics Microsystems's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Tronics Microsystems's Days Inventory for the quarter that ended in Sep. 2023 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.

Tronics Microsystems  (XPAR:ALTRO) 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.

Tronics Microsystems's Inventory Turnover for the six months ended in Sep. 2023 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.

Tronics Microsystems's Inventory to Revenue for the six months ended in Sep. 2023 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.

Tronics Microsystems Days Inventory Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description