Target Hospitality (Target Hospitality) Days Inventory : 0.00 (As of Dec. 2023)

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What is Target Hospitality Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Target Hospitality's Average Total Inventories for the three months ended in Dec. 2023 was $0.0 Mil. Target Hospitality's Cost of Goods Sold for the three months ended in Dec. 2023 was $64.0 Mil. Hence, Target Hospitality's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Target Hospitality's Days Inventory or its related term are showing as below:

TH's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.1
* Ranked among companies with meaningful Days Inventory only.

Target Hospitality's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Target Hospitality's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Target Hospitality Days Inventory Historical Data

The historical data trend for Target Hospitality'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.

Target Hospitality Days Inventory Chart

Target Hospitality Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Target Hospitality Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Target Hospitality's Days Inventory

For the Specialty Business Services subindustry, Target Hospitality'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.

Target Hospitality's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Target Hospitality's Days Inventory distribution charts can be found below:

* The bar in red indicates where Target Hospitality's Days Inventory falls into.

Target Hospitality Days Inventory Calculation

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

Target Hospitality'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
=	( (0	+	0)	/	1 )	/	250.284	*	365
=	0					/	250.284	*	365
=	0.00

Target Hospitality'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	63.981	*	365 / 4
=	0					/	63.981	*	365 / 4
=	0.00

Target Hospitality (NAS:TH) 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.

Target Hospitality's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.981	/	0
	=

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.

Target Hospitality's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	126.22
	=	0.00

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.

Target Hospitality Days Inventory Related Terms

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

Target Hospitality (Target Hospitality) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Target Hospitality Corp (NAS:TH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9320 Lakeside Boulevard, Suite 300, The Woodlands, Houston, TX, USA, 77381

Website

https://www.targethospitality.com

Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.

Executives

Eric Kalamaras	officer: EVP and CFO	ATLAS PIPELINE PARTNERS, GP, 110 W. 7TH, SUITE 2300, TULSA OK 74119
Troy C. Schenk	officer: Chief Commercial Officer	C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jason Paul Vlacich	officer: Chief Accounting Officer	C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Alejandro Hernandez	director	12500 BALTIMORE AVENUE, BELTSVILLE MD 20750
James B. Archer	director, officer: President and CEO	C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jeffrey Sagansky	director	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Pamela H. Patenaude	director	26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Tdr Capital Ii Investments Lp	10 percent owner	20 BENTINCK STREET, LONDON X0 W1U 2EU
Manjit Dale	10 percent owner	C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Capital Llp Tdr	10 percent owner	20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson	director, 10 percent owner	20 BENTINCK STREET, LONDON X0 W1U 2EU
Arrow Holdings S.a.r.l.	10 percent owner	20 RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
Modulaire Holding S.a.r.l.	10 percent owner	20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Global S.a.r.l.	10 percent owner	20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Limited Partnership Slp	10 percent owner	20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453