GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TCC Concept Ltd (BOM:512038) » Definitions » Days Inventory

TCC Concept (BOM:512038) Days Inventory : 0.00 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is TCC Concept Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TCC Concept's Average Total Inventories for the three months ended in Mar. 2024 was ₹60.1 Mil. TCC Concept's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹-90.1 Mil.

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

BOM:512038' s Days Inventory Range Over the Past 10 Years
Min: 89.6   Med: 89.6   Max: 224.68
Current: 224.68

During the past 13 years, TCC Concept's highest Days Inventory was 224.68. The lowest was 89.60. And the median was 89.60.

BOM:512038's Days Inventory is ranked worse than
84.03% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.78 vs BOM:512038: 224.68

TCC Concept's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. TCC Concept's Inventory Turnover for the three months ended in Mar. 2024 was -1.50.

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. TCC Concept's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.47.


TCC Concept Days Inventory Historical Data

The historical data trend for TCC Concept'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.

TCC Concept Days Inventory Chart

TCC Concept Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 89.60

TCC Concept Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 105.92 173.83 -

Competitive Comparison of TCC Concept's Days Inventory

For the Textile Manufacturing subindustry, TCC Concept'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.


TCC Concept's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCC Concept's Days Inventory distribution charts can be found below:

* The bar in red indicates where TCC Concept's Days Inventory falls into.



TCC Concept Days Inventory Calculation

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

TCC Concept's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 60.079) / 1 ) / 244.754*365
=60.079 / 244.754*365
=89.60

TCC Concept's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 60.079) / 1 ) / -90.137*365 / 4
=60.079 / -90.137*365 / 4
=N/A

* 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.


TCC Concept  (BOM:512038) 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.

TCC Concept's Inventory Turnover for the three months ended in Mar. 2024 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.

TCC Concept's Inventory to Revenue for the three months ended in Mar. 2024 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.


TCC Concept Days Inventory Related Terms

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


TCC Concept (BOM:512038) Business Description

Traded in Other Exchanges
N/A
Address
Range Hill Road, 5th Floor, VB Capitol Building, Opposite Hotel Symphony, Bhoslenagar, Shivajinagar, Pune, MH, IND, 411007
TCC Concept Ltd, formerly Aaswa Trading & Exports Ltd is an Indian company engaged in the trading and allied activities in Cotton textile products and intermediaries. The company majorly operates in India.

TCC Concept (BOM:512038) Headlines

No Headlines