NAPCO Security Technologies (NAPCO Security Technologies) Inventory Turnover

: 0.59 (As of Dec. 2023)

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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. NAPCO Security Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $22.5 Mil. NAPCO Security Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $38.1 Mil. NAPCO Security Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NAPCO Security Technologies's Days Inventory for the three months ended in Dec. 2023 was 154.40.

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. NAPCO Security Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.80.

NAPCO Security Technologies Inventory Turnover Historical Data

The historical data trend for NAPCO Security Technologies'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.

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NAPCO Security Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

2.17

1.82

2.12

2.57

2.55

NAPCO Security Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																0.56	0.47	0.53	0.54	0.59

NAPCO Security Technologies Inventory Turnover Calculation

NAPCO Security Technologies's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	96.764	/ (	(40.781	+	35.062)	/	2 )
=	96.764	/	37.9215
=	2.55

NAPCO Security Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	22.535	/ (	(36.946	+	39.316)	/	2 )
=	22.535	/	38.131
=	0.59

NAPCO Security Technologies (NAS:NSSC) Inventory Turnover Explanation

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.

NAPCO Security Technologies'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
	=	38.131	/	22.535	*	365 / 4
	=	154.40

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.

NAPCO Security Technologies'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 )
	=	38.131	/	47.547
	=	0.80

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.

NAPCO Security Technologies Inventory Turnover Related Terms

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NAPCO Security Technologies (NAPCO Security Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NAPCO Security Technologies Inc (NAS:NSSC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NS1:Germany

Address

333 Bayview Avenue, Amityville, NY, USA, 11701

Website

https://www.napcosecurity.com

NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.

Executives

Paul Stephen Beeber	director	333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Kevin S Buchel	director, officer: Senior Vice President	333 BAYVIEW AVE, AMITYVILLE NY 11701
Richard Soloway	director, 10 percent owner, officer: President and Secretary	333 BAYVIEW AVENUE, AMITYVILLE NY 11701
David Alexander Paterson	director	333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Michael Carrieri	officer: Sr.Vice President, Engineering
Rick A Lazio	director
Jorge Hevia	officer: Senior Vice President
Stephen M Spinelli	officer: Senior VP of Sales	333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Robert A Ungar	director	333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Andrew Wilder	director	333 BAYVIEW AVE, AMITYVILLE NY 11701
Randy B Blauskin	director	333 BAYVIEW AVENUE, AMITYVILLE NY 11757
George Marks	officer: Pres. of Marks USA-Sub of NSSC	322 BALTRUSTROL CIRCLE, NORTH HILLS NY 11576
Donna Anne Soloway	director	333 BAYVIEW AVENUE, AMITYVILLE, NY 11701
Cannell Capital Llc	10 percent owner	245 MERIWETHER CIRCLE, ALTA WY 83414
William G Lorber	officer: Vice President	355 BAYVIEW AVENUE, AMITYVILLE NY 11701