Track & Field Co (BSP:TFCO4) Days Inventory : 332.71 (As of Mar. 2024)

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What is Track & Field Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Track & Field Co's Average Total Inventories for the three months ended in Mar. 2024 was R$243.2 Mil. Track & Field Co's Cost of Goods Sold for the three months ended in Mar. 2024 was R$66.7 Mil. Hence, Track & Field Co's Days Inventory for the three months ended in Mar. 2024 was 332.71.

The historical rank and industry rank for Track & Field Co's Days Inventory or its related term are showing as below:

BSP:TFCO4' s Days Inventory Range Over the Past 10 Years
Min: 194.8 Med: 221.09 Max: 302.92
Current: 302.92

During the past 7 years, Track & Field Co's highest Days Inventory was 302.92. The lowest was 194.80. And the median was 221.09.

BSP:TFCO4's Days Inventory is ranked worse than
88.03% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs BSP:TFCO4: 302.92

Track & Field Co's Days Inventory declined from Mar. 2023 (347.47) to Mar. 2024 (332.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Track & Field Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.27.

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. Track & Field Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.50.

Track & Field Co Days Inventory Historical Data

The historical data trend for Track & Field Co'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.

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Track & Field Co Days Inventory Chart

Track & Field Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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194.80

221.09

249.29

275.36

275.92

Track & Field Co Quarterly Data
	Dec18	Jun19	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															347.47	337.05	331.76	236.26	332.71

Competitive Comparison of Track & Field Co's Days Inventory

For the Apparel Retail subindustry, Track & Field Co'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.

Track & Field Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Track & Field Co's Days Inventory falls into.

Track & Field Co Days Inventory Calculation

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

Track & Field Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (204.466	+	232.856)	/	2 )	/	289.26	*	365
=	218.661					/	289.26	*	365
=	275.92

Track & Field Co'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
=	( (232.856	+	253.506)	/	2 )	/	66.695	*	365 / 4
=	243.181					/	66.695	*	365 / 4
=	332.71

Track & Field Co (BSP:TFCO4) 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.

Track & Field Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	66.695	/	243.181
	=	0.27

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.

Track & Field Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	243.181	/	162.131
	=	1.50

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.

Track & Field Co Days Inventory Related Terms

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

Track & Field Co (BSP:TFCO4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Track & Field Co SA (BSP:TFCO4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

no 387, 8th and 9th Floor, Rua Dr. Eduardo Souza Aranha, Edificio Juscelino Plaza, Sao Paulo, SP, BRA, 04543-121

Website

https://www.tfco.com.br

Track & Field Co SA is a sports apparel retailer. The company's portfolio consists of sportswear, Beachwear, Sports accessories, and sports shoes (footwear).

Track & Field Co (BSP:TFCO4) Headlines

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