Taylor Devices (Taylor Devices) Change In Inventory

: $-1.79 Mil (TTM As of Feb. 2024)

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Taylor Devices's change in inventory for the quarter that ended in Feb. 2024 was $0.13 Mil. It means Taylor Devices's inventory declined by $0.13 Mil from Nov. 2023 to Feb. 2024 .

Taylor Devices's change in inventory for the fiscal year that ended in May. 2023 was $-0.28 Mil. It means Taylor Devices's inventory increased by $0.28 Mil from May. 2022 to May. 2023 .

Taylor Devices's Total Inventories for the quarter that ended in Feb. 2024 was $6.68 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taylor Devices's Days Inventory for the quarter that ended in Feb. 2024 was 94.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taylor Devices's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.96.

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. Taylor Devices's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.55.

Taylor Devices Change In Inventory Historical Data

The historical data trend for Taylor Devices's Change In Inventory 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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Taylor Devices Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Inventory

1.16

0.81

2.04

0.49

-0.28

Taylor Devices Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory																0.02	-0.69	-0.92	-0.31	0.13

Taylor Devices Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.79 Mil.

Taylor Devices (NAS:TAYD) Change In Inventory Explanation

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

Taylor Devices's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.7675	/	6.501	*	365 / 4
	=	94.99

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

Taylor Devices's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.501	/	6.7675
	=	0.96

3. 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.

Taylor Devices's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.7675	/	12.254
	=	0.55

Taylor Devices Change In Inventory Related Terms

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Taylor Devices (Taylor Devices) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Taylor Devices Inc (NAS:TAYD) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120

Website

https://www.taylordevices.com

Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.

Executives

Ira Sochet	10 percent owner	24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko	director, officer: CHIEF EXECUTIVE OFFICER	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary	officer: Chief Financial Officer	TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk	director, officer: PRESIDENT	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark	director	475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough	officer: Chief Financial Officer	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor	director, officer: President	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar	director	TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill	director, officer: Vice President	90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii	director	PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel	director, officer: Secretary
Baird Foundation Cameron	10 percent owner	C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202