Technical Communications (Technical Communications) Inventory-to-Revenue : 31.63 (As of Jun. 2023)

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What is Technical Communications Inventory-to-Revenue?

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. Technical Communications's Average Total Inventories for the quarter that ended in Jun. 2023 was $1.11 Mil. Technical Communications's Revenue for the three months ended in Jun. 2023 was $0.04 Mil. Technical Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 31.63.

Technical Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Mar. 2023 (34.73) to Mar. 2023 (31.63)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Technical Communications's Days Inventory for the three months ended in Jun. 2023 was 1,578.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Technical Communications's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.06.

Technical Communications Inventory-to-Revenue Historical Data

The historical data trend for Technical Communications's Inventory-to-Revenue 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.

* Premium members only.

Technical Communications Inventory-to-Revenue Chart

Technical Communications Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Inventory-to-Revenue

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0.37

0.17

0.24

0.55

0.81

Technical Communications Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory-to-Revenue	Get a 7-Day Free Trial															7.44	6.09	7.94	34.73	31.63

Competitive Comparison of Technical Communications's Inventory-to-Revenue

For the Communication Equipment subindustry, Technical Communications's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Technical Communications's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Technical Communications's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Technical Communications's Inventory-to-Revenue falls into.

Technical Communications Inventory-to-Revenue Calculation

Technical Communications's Inventory-to-Revenue for the fiscal year that ended in Sep. 2022 is calculated as

	Inventory-to-Revenue (A: Sep. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )
=	( (1.157	+	0.966)	/	2 )	/	1.304
=	1.0615					/	1.304
=	0.81

Technical Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

	Inventory-to-Revenue (Q: Jun. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Revenue (Q: Jun. 2023 )
=	( (0.973	+	1.241)	/	2 )	/	0.035
=	1.107					/	0.035
=	31.63

Technical Communications (OTCPK:TCCO) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Technical Communications's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	1.107	/	0.064	*	365 / 4
	=	1,578.34

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

Technical Communications's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	0.064	/	1.107
	=	0.06

Technical Communications Inventory-to-Revenue Related Terms

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Technical Communications (Technical Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Technical Communications Corp (OTCPK:TCCO) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Domino Drive, Concord, MA, USA, 01742-2892

Website

https://www.tccsecure.com

Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.

Executives

Ralph M Norwood	director	111 SOUTH WORCESTER STREET, NORTON MA 02766
Guild Carl H Jr	director, officer: CEO
Thomas E Peoples	director
Francisco F Blanco	director	1915 TOWNE CENTRE BLVD, SUITE 309, ANNAPOLIS MD 21401
Mitchell Briskin	director
Michael P Malone	officer: Chief Financial Officer
Paul D Sonkin	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Value Fund Lp	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp	10 percent owner, other: see footnote #1	C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Concentrated Fund Lp	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Robert T Lessard	director
Brown David A B	director