TFI International (TSX:TFII) Change In Inventory : C$6 Mil (TTM As of Mar. 2024)

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What is TFI International Change In Inventory?

TFI International's change in inventory for the quarter that ended in Mar. 2024 was C$1 Mil. It means TFI International's inventory declined by C$1 Mil from Dec. 2023 to Mar. 2024 .

TFI International's change in inventory for the fiscal year that ended in Dec. 2023 was C$9 Mil. It means TFI International's inventory declined by C$9 Mil from Dec. 2022 to Dec. 2023 .

TFI International's Total Inventories for the quarter that ended in Mar. 2024 was C$31 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TFI International's Days Inventory for the quarter that ended in Mar. 2024 was 1.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. TFI International's Inventory Turnover for the quarter that ended in Mar. 2024 was 69.36.

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. TFI International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

TFI International Change In Inventory Historical Data

The historical data trend for TFI International's Change In 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.

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TFI International Change In Inventory Chart

TFI International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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3.02

2.82

-1.58

-2.04

8.77

TFI International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															3.90	-2.34	2.91	4.42	1.01

TFI International Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$6 Mil.

TFI International (TSX:TFII) Change In Inventory Explanation

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

TFI International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	31.5825	/	2190.662	*	365 / 4
	=	1.32

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

TFI International's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2190.662	/	31.5825
	=	69.36

3. 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.

TFI International's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	31.5825	/	2532.335
	=	0.01

TFI International Change In Inventory Related Terms

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TFI International (TSX:TFII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TFI International Inc (TSX:TFII) » Definitions » Change In Inventory

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Traded in Other Exchanges

TFII:USA

Address

8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Montreal, QC, CAN, H4S 1Z6

Website

https://www.tfiintl.com

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.

Executives

David Joseph Saperstein

Senior Officer