Tecsys (TSX:TCS) Change In Inventory : C$-2.1 Mil (TTM As of Jan. 2024)

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What is Tecsys Change In Inventory?

Tecsys's change in inventory for the quarter that ended in Jan. 2024 was C$0.8 Mil. It means Tecsys's inventory declined by C$0.8 Mil from Oct. 2023 to Jan. 2024 .

Tecsys's change in inventory for the fiscal year that ended in Apr. 2023 was C$-0.4 Mil. It means Tecsys's inventory increased by C$0.4 Mil from Apr. 2022 to Apr. 2023 .

Tecsys's Total Inventories for the quarter that ended in Jan. 2024 was C$5.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tecsys's Days Inventory for the quarter that ended in Jan. 2024 was 21.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tecsys's Inventory Turnover for the quarter that ended in Jan. 2024 was 4.21.

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. Tecsys's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.13.

Tecsys Change In Inventory Historical Data

The historical data trend for Tecsys'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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Tecsys Change In Inventory Chart

Tecsys Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

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0.35

0.01

0.66

-1.60

-0.38

Tecsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-0.64	0.48	-1.67	-1.63	0.77

Tecsys 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.1 Mil.

Tecsys (TSX:TCS) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5.679	/	23.893	*	365 / 4
	=	21.69

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

Tecsys's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.893	/	5.679
	=	4.21

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.

Tecsys's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.679	/	43.823
	=	0.13

Tecsys Change In Inventory Related Terms

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Tecsys (TSX:TCS) Business Description

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TCYSF:USA

Address

1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8

Website

https://www.tecsys.com

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada and Other Countries. Its only operating segment is the development and marketing of enterprise-wide distribution software and related services.

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