Days Inventory is also known as Days Sales of Inventory (DSI). Tronox Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,422 Mil. Tronox Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $608 Mil.
Hence, Tronox Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 213.34.
The historical rank and industry rank for Tronox Holdings's Days Inventory or its related term are showing as below:
TROX'
s Days Inventory Range Over the Past 10 Years
Min: 131.52 Med: 166.63 Max: 210.32
Current: 210.32
During the past 13 years, Tronox Holdings's highest Days Inventory was 210.32. The lowest was 131.52. And the median was 166.63.
TROX's Days Inventory is ranked worse than 89.68% of 1492
companies
in the Chemicals industry
Industry Median: 83.41
vs TROX: 210.32
Tronox Holdings's Days Inventory
increased
from Dec. 2022 (202.13) to Dec. 2023 (213.34).
It might indicate that Tronox Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tronox Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.43.
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.
Tronox Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.07.
Tronox Holdings Days Inventory Historical Data
The historical data trend for Tronox Holdings'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.
For the Chemicals subindustry, Tronox Holdings'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.
Tronox Holdings Days Inventory Distribution
For the Chemicals industry and Basic Materials sector, Tronox Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tronox Holdings's Days Inventory falls into.
Tronox Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tronox Holdings's Days Inventory for the fiscal year that 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.
Tronox Holdings (NYSE:TROX) 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.
Tronox Holdings'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.
Tronox Holdings'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.
Tronox Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Tronox Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tronox Holdings (Tronox Holdings) Business Description
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.
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