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. Video Display's Cost of Goods Sold for the
three
months ended in Nov. 2023 was $1.43 Mil. Video Display's Average Total Inventories for the quarter that ended in Nov. 2023 was $3.22 Mil.
Video Display's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.44.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Video Display's Days Inventory for the
three
months ended in Nov. 2023 was 205.62.
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.
Video Display's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 1.60.
Video Display Inventory Turnover Historical Data
The historical data trend for Video Display'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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Video Display Annual Data
Trend
Feb14
Feb15
Feb16
Feb17
Feb18
Feb19
Feb20
Feb21
Feb22
Feb23
Inventory Turnover
2.73
2.07
2.33
1.99
2.39
Video Display Quarterly Data
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Inventory Turnover
0.49
0.74
0.72
0.61
0.44
Video Display Inventory Turnover Calculation
Video Display's Inventory Turnover for the fiscal year that ended in Feb. 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.
Video Display (OTCPK:VIDE) 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.
Video Display's Days Inventory for the
three
months ended in Nov. 2023 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.
Video Display'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.
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.
Video Display Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Video Display's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Video Display (Video Display) Business Description
Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.
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