Sypris Solutions (Sypris Solutions) Total Inventories : $77.3 Mil (As of Dec. 2023)

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What is Sypris Solutions Total Inventories?

Sypris Solutions's total inventories for the quarter that ended in Dec. 2023 was $77.3 Mil. Sypris Solutions's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $77.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sypris Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.39.

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 three months ended in Dec. 2023 was 231.42.

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 Dec. 2023 was 0.39.

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 Dec. 2023 was 2.22.

Sypris Solutions Total Inventories Historical Data

The historical data trend for Sypris Solutions's Total Inventories 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 Total Inventories Chart

Sypris Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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20.78

16.24

30.10

42.13

77.31

Sypris Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															42.13	52.49	64.05	76.67	77.31

Sypris Solutions Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Sypris Solutions (NAS:SYPR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Sypris Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(7.881	+	0.75 * 8.929	+	0.5 * 77.314	-	106.875
-	0	-	0)	/	22.4597
=	-2.39

2. 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 three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	76.9915	/	30.358	*	365 / 4
	=	231.42

3. 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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	30.358	/	76.9915
	=	0.39

4. 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 Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	76.9915	/	34.735
	=	2.22

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Sypris Solutions Total Inventories Related Terms

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Sypris Solutions (Sypris Solutions) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

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

Website

https://www.sypris.com

Sypris Solutions Inc is a us based company engaged in providing outsourced services and specialty products. It offers a range of manufacturing, engineering, design and other technical services. Business activity of the firm is functioned through Sypris Technologies and Sypris Electronics segments. Sypris Technologies segment is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets 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 most of the revenue from Technologies segment.

Executives

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
Gary L Convis	director	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