Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. SPX FLOW's Cost of Goods Sold for the
three
months ended in Dec. 2021 was $258 Mil. SPX FLOW's Average Total Inventories for the quarter that ended in Dec. 2021 was $244 Mil.
SPX FLOW's Inventory Turnover for the quarter that ended in Dec. 2021 was 1.06.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SPX FLOW's Days Inventory for the
three
months ended in Dec. 2021 was 86.39.
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.
SPX FLOW's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.62.
SPX FLOW Inventory Turnover Historical Data
The historical data trend for SPX FLOW's Inventory Turnover 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.
* 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.
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SPX FLOW's Days Inventory for the
three
months ended in Dec. 2021 is calculated as:
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.
SPX FLOW's Inventory to Revenue for the quarter that ended in Dec. 2021 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.
Be Aware
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
SPX FLOW Inventory Turnover Related Terms
Thank you for viewing the detailed overview of SPX FLOW's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
SPX Flow offers engineering solutions in two segments: The nutrition and health segment and the precision solutions segment. The Nutrition and Health segment provides technology for dairy consumption, expansion to emerging markets, productivity improvements, and food safety. The Precision Solutions segment services the chemical, mining, air, pharmaceutical, marine, infrastructure construction, general industrial, and water treatment industries. Both segments sell products such as pumps, blenders, separators, air dryers, heat exchangers, and hydraulic tools. SPX Flow operates worldwide, with sales in the Americas, Europe, Africa, and Asia.
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