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TSL (XZIM:TSL.ZW) Days Inventory : 75.12 (As of Oct. 2023)


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What is TSL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TSL's Average Total Inventories for the six months ended in Oct. 2023 was ZWL11,995 Mil. TSL's Cost of Goods Sold for the six months ended in Oct. 2023 was ZWL29,139 Mil. Hence, TSL's Days Inventory for the six months ended in Oct. 2023 was 75.12.

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

XZIM:TSL.ZW' s Days Inventory Range Over the Past 10 Years
Min: 118.73   Med: 234.56   Max: 4039.32
Current: 130.7

During the past 9 years, TSL's highest Days Inventory was 4039.32. The lowest was 118.73. And the median was 234.56.

XZIM:TSL.ZW's Days Inventory is ranked worse than
73.45% of 452 companies
in the Conglomerates industry
Industry Median: 75.05 vs XZIM:TSL.ZW: 130.70

TSL's Days Inventory declined from Oct. 2022 (119.12) to Oct. 2023 (75.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. TSL's Inventory Turnover for the six months ended in Oct. 2023 was 2.43.

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. TSL's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.08.


TSL Days Inventory Historical Data

The historical data trend for TSL'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.

TSL Days Inventory Chart

TSL Annual Data
Trend Oct09 Oct11 Oct12 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 383.36 421.28 213.60 234.56 157.55

TSL Semi-Annual Data
Oct09 Apr11 Oct11 Apr12 Oct12 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 291.96 119.12 447.56 75.12

Competitive Comparison of TSL's Days Inventory

For the Conglomerates subindustry, TSL'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.


TSL's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, TSL's Days Inventory distribution charts can be found below:

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



TSL Days Inventory Calculation

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

TSL's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (11309.976 + 17056.165) / 2 ) / 32858.646*365
=14183.0705 / 32858.646*365
=157.55

TSL's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (6933.359 + 17056.165) / 2 ) / 29139.114*365 / 2
=11994.762 / 29139.114*365 / 2
=75.12

* 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.


TSL  (XZIM:TSL.ZW) 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.

TSL's Inventory Turnover for the six months ended in Oct. 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.

TSL's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=11994.762 / 151566.796
=0.08

* 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.


TSL Days Inventory Related Terms

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


TSL (XZIM:TSL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
28 Simon Mazorodze Road, Southerton, Harare, ZWE
TSL Ltd provides agricultural inputs (fertilizer, chemicals, and packaging), farming, end-to-end logistics solutions, commodity marketing platforms, and industrial real estate. It has four reportable segments namely, the Logistics cluster offers end-to-end logistics services including warehousing and storage facilities, inland terminal and port services, transport, vehicle rental, distribution, and customs clearing. The Agriculture cluster is involved in the auctioning, packaging, production, and retailing of agricultural commodities. The Real estate cluster is involved in the rental and development of industrial properties. The Services cluster provides group activities and shared services in finance and treasury, human resources, procurement, and information technology.

TSL (XZIM:TSL.ZW) Headlines

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