Pattern Event is not affected by the Track Delay (ms) in Inspector

I just realized that changing Track Delay in the Inspector doesn’t affect Pattern Events.
This is unfortunate when working with the external drum machines through midi where there’s a latency. Track Delay can compensate for it.

I found an alternative by changing Offset directly in the Pattern Event but one thing is confusing. It says that it’s measured in Ticks but I set the same amount I had set in Track Delay (milliseconds) and it’s aligned perfectly. So is it measured in ms or ticks? If the latter, how to calculate ticks to ms in Cubase? Is 1 Tick = 1ms
I can’t find any info about it.