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TransDigm Group (BSP:T1DG34) Days Inventory : 208.55 (As of Mar. 2024)


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What is TransDigm Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TransDigm Group's Average Total Inventories for the three months ended in Mar. 2024 was R$8,730 Mil. TransDigm Group's Cost of Goods Sold for the three months ended in Mar. 2024 was R$3,820 Mil. Hence, TransDigm Group's Days Inventory for the three months ended in Mar. 2024 was 208.55.

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

BSP:T1DG34' s Days Inventory Range Over the Past 10 Years
Min: 144.12   Med: 173.13   Max: 198.47
Current: 198.47

During the past 13 years, TransDigm Group's highest Days Inventory was 198.47. The lowest was 144.12. And the median was 173.13.

BSP:T1DG34's Days Inventory is ranked worse than
63.89% of 288 companies
in the Aerospace & Defense industry
Industry Median: 139.24 vs BSP:T1DG34: 198.47

TransDigm Group's Days Inventory increased from Mar. 2023 (204.95) to Mar. 2024 (208.55). It might indicate that TransDigm Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TransDigm Group's Inventory Turnover for the three months ended in Mar. 2024 was 0.44.

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. TransDigm Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.91.


TransDigm Group Days Inventory Historical Data

The historical data trend for TransDigm 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.

* Premium members only.

TransDigm Group Days Inventory Chart

TransDigm Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.94 165.23 199.46 197.77 201.61

TransDigm Group 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 204.95 206.99 191.59 198.97 208.55

Competitive Comparison of TransDigm Group's Days Inventory

For the Aerospace & Defense subindustry, TransDigm 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.


TransDigm Group's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TransDigm Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where TransDigm Group's Days Inventory falls into.



TransDigm Group Days Inventory Calculation

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

TransDigm Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (6984.475 + 7980.939) / 2 ) / 13546.855*365
=7482.707 / 13546.855*365
=201.61

TransDigm Group'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 + 8729.589) / 1 ) / 3819.506*365 / 4
=8729.589 / 3819.506*365 / 4
=208.55

* 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.


TransDigm Group  (BSP:T1DG34) 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.

TransDigm Group'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.

TransDigm Group'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.


TransDigm Group Days Inventory Related Terms

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TransDigm Group (BSP:T1DG34) Business Description

Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

TransDigm Group (BSP:T1DG34) Headlines

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