Q.E.P. Co's change in inventory for the quarter that ended in Nov. 2023 was $-1.7 Mil. It means Q.E.P. Co's inventory
increased by $1.7 Mil
from Aug. 2023 to Nov. 2023 .
Q.E.P. Co's change in inventory for the fiscal year that ended in Feb. 2023 was $14.5 Mil. It means Q.E.P. Co's inventory
declined by $14.5 Mil
from Feb. 2022 to Feb. 2023 .
Q.E.P. Co's Total Inventories for the quarter that ended in Nov. 2023 was $41.8 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Q.E.P. Co's Days Inventory for the quarter that ended in Nov. 2023 was 90.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Q.E.P. Co's Inventory Turnover for the quarter that ended in Nov. 2023 was 1.00.
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.
Q.E.P. Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.67.
Q.E.P. Co Change In Inventory Historical Data
The historical data trend for Q.E.P. Co'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.
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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.5 Mil.
* 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.
Q.E.P. Co (OTCPK:QEPC) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Q.E.P. Co's Days Inventory for the quarter that ended in is calculated as:
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.
Q.E.P. Co's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as
* 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.
Q.E.P. Co Change In Inventory Related Terms
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Q.E.P. Co Inc is a provider of flooring and industrial solutions. The company is a manufacturer, marketer, and distributor of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. It also provides industrial tools to the industrial trades under brand names including QEP, ROBERTS, Capitol, Harris Wood, Fausfloor, Vitrex, Homelux, TileRite, PRCI, Nupla, HISCO, Plasplugs, Ludell, Porta-Nails, Tomecanic, Benetiere, and Elastiment. The company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in an approx 50 states and throughout the world.
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