Days Inventory is also known as Days Sales of Inventory (DSI). Taurus Armas's Average Total Inventories for the
three
months ended in Dec. 2023 was R$656 Mil. Taurus Armas's Cost of Goods Sold for the
three
months ended in Dec. 2023 was R$301 Mil.
Hence, Taurus Armas's Days Inventory for the
three
months ended in Dec. 2023 was 199.02.
The historical rank and industry rank for Taurus Armas's Days Inventory or its related term are showing as below:
BSP:TASA3'
s Days Inventory Range Over the Past 10 Years
Min: 94.59 Med: 139.75 Max: 199.63
Current: 199.63
During the past 13 years, Taurus Armas's highest Days Inventory was 199.63. The lowest was 94.59. And the median was 139.75.
BSP:TASA3's Days Inventory is ranked worse than 64.24% of 288
companies
in the Aerospace & Defense industry
Industry Median: 141.995
vs BSP:TASA3: 199.63
Taurus Armas's Days Inventory
increased
from Dec. 2022 (156.28) to Dec. 2023 (199.02).
It might indicate that Taurus Armas's sales slowed down.
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.
Taurus Armas's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.46.
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.
Taurus Armas's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.57.
Taurus Armas Days Inventory Historical Data
The historical data trend for Taurus Armas'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.
Competitive Comparison of Taurus Armas's Days Inventory
For the Aerospace & Defense subindustry, Taurus Armas'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.
Taurus Armas's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Days Inventory distribution charts can be found below:
* The bar in red indicates where Taurus Armas's Days Inventory falls into.
Taurus Armas Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Taurus Armas'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.
Taurus Armas (BSP:TASA3) 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.
Taurus Armas'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.
Taurus Armas'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.
Taurus Armas Days Inventory Related Terms
Thank you for viewing the detailed overview of Taurus Armas's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.
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