TDH Holdings (TDH Holdings) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is TDH Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TDH Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $0.00 Mil. TDH Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $1.08 Mil. Hence, TDH Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

PETZ' s Days Inventory Range Over the Past 10 Years
Min: 0.17 Med: 80 Max: 292
Current: 1.53

During the past 9 years, TDH Holdings's highest Days Inventory was 292.00. The lowest was 0.17. And the median was 80.00.

PETZ's Days Inventory is ranked better than
99.83% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs PETZ: 1.53

TDH Holdings's Days Inventory declined from Dec. 2022 (1.65) to Dec. 2023 (0.00).

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

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. TDH Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

TDH Holdings Days Inventory Historical Data

The historical data trend for TDH Holdings'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.

TDH Holdings Days Inventory Chart

TDH Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

44.98

292.00

70.63

4.64

0.17

TDH Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial												39.59	5.90	1.65	0.17	-

Competitive Comparison of TDH Holdings's Days Inventory

For the Packaged Foods subindustry, TDH Holdings'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.

TDH Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TDH Holdings's Days Inventory distribution charts can be found below:

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

TDH Holdings Days Inventory Calculation

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

TDH Holdings'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
=	( (0.001	+	0)	/	1 )	/	2.146	*	365
=	0.001					/	2.146	*	365
=	0.17

TDH Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.077	*	365 / 2
=	0					/	1.077	*	365 / 2
=	0.00

TDH Holdings (NAS:PETZ) 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.

TDH Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.077	/	0
	=

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.

TDH Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.623
	=	0.00

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.

TDH Holdings Days Inventory Related Terms

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

TDH Holdings (TDH Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TDH Holdings Inc (NAS:PETZ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2521 Tiejueshan Road, Huangdao District, Shandong Province, Qingdao, CHN

Website

http://www.tiandihui.com

TDH Holdings Inc is engaged in the business of manufacturing and selling of petfood and restaurant operations. The company has two operating segments which include Petfood sales and Restaurant business. It has a focus on the Restaurant business segment and generates the majority of its revenue.