SYPR (Sypris Solutions) Change In Inventory : $-1.9 Mil (TTM As of Jun. 2024)

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What is Sypris Solutions Change In Inventory?

Sypris Solutions's change in inventory for the quarter that ended in Jun. 2024 was $5.2 Mil. It means Sypris Solutions's inventory declined by $5.2 Mil from Mar. 2024 to Jun. 2024 .

Sypris Solutions's change in inventory for the fiscal year that ended in Dec. 2023 was $-34.7 Mil. It means Sypris Solutions's inventory increased by $34.7 Mil from Dec. 2022 to Dec. 2023 .

Sypris Solutions's Total Inventories for the quarter that ended in Jun. 2024 was $64.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sypris Solutions's Days Inventory for the quarter that ended in Jun. 2024 was 207.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sypris Solutions's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.44.

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. Sypris Solutions's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.91.

Sypris Solutions Change In Inventory Historical Data

The historical data trend for Sypris Solutions'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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Sypris Solutions Change In Inventory Chart

Sypris Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.62

4.23

-13.98

-11.80

-34.69

Sypris Solutions Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-11.33	-12.88	-0.55	6.41	5.16

Sypris Solutions 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.9 Mil.

Sypris Solutions (NAS:SYPR) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	67.8665	/	29.88	*	365 / 4
	=	207.26

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

Sypris Solutions's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.88	/	67.8665
	=	0.44

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.

Sypris Solutions's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	67.8665	/	35.521
	=	1.91

Sypris Solutions Change In Inventory Related Terms

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Sypris Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sypris Solutions Inc (NAS:SYPR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Bullitt Lane, Suite 450, Louisville, KY, USA, 40222

Website

https://www.sypris.com

Sypris Solutions Inc is a USA-based company engaged in providing truck components, oil and gas pipeline components, and aerospace and defense electronics. The company offers a range of manufacturing, engineering, design, and other technical services. The business activity of the firm is functioned through Sypris Technologies and Sypris Electronics segments. Sypris Technologies segment is engaged in the sale of machined, welded, and heat-treated steel components for heavy commercial vehicle and high-pressure energy pipeline applications whereas the Sypris Electronics segment is engaged in the sale of manufacturing services, technical services, and products to customers in the market for aerospace and defense electronics. Sypris derives the revenue from the Technologies segment.

Executives

Gary L Convis	director	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Richard L Davis	officer: Senior Vice President	101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Rebecca R Eckert	officer: Principal Accounting Officer, other: Controller	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Anthony C Allen	officer: VP of Finance & IT/Asst. Sec.	101 BULLITT LN., STE. 450, LOUISVILLE KY 40222
Jeffrey T Gill	director, 10 percent owner, officer: President & CEO	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
William G Ferko	director	7419 CEDAR BLUFF CT, PROSPECT KY 40059
Stephen W Straub	officer: Vice President Operations	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert E Gill	director, 10 percent owner, officer: Chairman	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Robert F Lentz	director	1311 VIA TOSCANA WAY, SUN CITY CENTER FL 33573
Paul G Larochelle	other: VP and Pres. of Subsidiary	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Brian A. Lutes	officer: VP & CFO	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
John James Walsh	other: President of Subsidiary	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
French Mitchel Glen Jr	officer: Principal Accounting Officer, other: Controller	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
De Carvalho Sergio L	other: VP and Pres. of Subsidiary	101 BULLITT LANE, SUITE 450, LOUISVILLE KY 40222
Petersen Sidney R/ca	director	150 N. ORANGE GROVE BLVD, PASADENA CA 91103