Transense Technologies (AQSE:TRT.GB) Inventory Turnover : 0.56 (As of Dec. 2024)

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What is Transense Technologies Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Transense Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was £0.25 Mil. Transense Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was £0.45 Mil. Transense Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Transense Technologies's Days Inventory for the six months ended in Dec. 2024 was 325.69.

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. Transense Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.19.

Transense Technologies Inventory Turnover Historical Data

The historical data trend for Transense Technologies's Inventory Turnover 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.

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Transense Technologies Inventory Turnover Chart

Transense Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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0.86

5.66

4.94

2.72

1.62

Transense Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.13	0.86	0.86	0.93	0.56

Transense Technologies Inventory Turnover Calculation

Transense Technologies's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	0.526	/ (	(0.26	+	0.39)	/	2 )
=	0.526	/	0.325
=	1.62

Transense Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0.253	/ (	(0.39	+	0.513)	/	2 )
=	0.253	/	0.4515
=	0.56

Transense Technologies (AQSE:TRT.GB) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Transense Technologies's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0.4515	/	0.253	*	365 / 2
	=	325.69

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.

Transense Technologies's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.4515	/	2.328
	=	0.19

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Transense Technologies Inventory Turnover Related Terms

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Transense Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Transense Technologies PLC (AQSE:TRT.GB) » Definitions » Inventory Turnover

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Traded in Other Exchanges

TRT:UK

Address

1 Landscape Close, Weston-on-the Green, Bicester, Oxfordshire, GBR, OX25 3SX

Website

https://www.transense.com

Transense Technologies PLC is engaged in the provision of tyre management solutions. It develops, manufactures, and sells specialist Tyre probes and Transense tyre pressure monitoring technology (TPMS) monitoring solutions and associated technologies. The company development of non-contact batteryless sensors and their electronic interrogation systems for measuring pressure, temperature, and torque in automotive and non-automotive applications. Its operating segment includes SAW, Translogik, and iTrack royalties. The company generates maximum revenue from iTrack royalties segment. Geographically, it derives the majority of its revenue from Europe and has presence in Chile; Australia; UK and North America; Japan, and the Rest of the World.

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