Days Inventory is also known as Days Sales of Inventory (DSI). Triumph Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $393 Mil. Triumph Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $215 Mil.
Hence, Triumph Group's Days Inventory for the
three
months ended in Dec. 2023 was 166.94.
The historical rank and industry rank for Triumph Group's Days Inventory or its related term are showing as below:
TGI'
s Days Inventory Range Over the Past 10 Years
Min: 68.54 Med: 133.2 Max: 193.68
Current: 130.65
During the past 13 years, Triumph Group's highest Days Inventory was 193.68. The lowest was 68.54. And the median was 133.20.
TGI's Days Inventory is ranked better than 53.29% of 289
companies
in the Aerospace & Defense industry
Industry Median: 138.6
vs TGI: 130.65
Triumph Group's Days Inventory
declined
from Dec. 2022 (191.74) to Dec. 2023 (166.94).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Triumph Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.55.
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.
Triumph Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.38.
Triumph Group Days Inventory Historical Data
The historical data trend for Triumph 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.
Competitive Comparison of Triumph Group's Days Inventory
For the Aerospace & Defense subindustry, Triumph 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.
Triumph Group's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Triumph Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Triumph Group's Days Inventory falls into.
Triumph Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Triumph Group's Days Inventory for the fiscal year that ended in Mar. 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.
Triumph Group (NYSE:TGI) 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.
Triumph Group's Inventory Turnover for the
three
months ended in Dec. 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.
Triumph Group's Inventory to Revenue for the
three
months ended in Dec. 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.
Triumph Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Triumph Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Triumph Group (Triumph Group) Business Description
Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.
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