Turbo Power Systems (LSE:TPS) Change In Inventory: £0.39 Mil (TTM As of Jun. 2017)

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What is Turbo Power Systems Change In Inventory?

Turbo Power Systems LSE:TPS +16.67% Change In Inventory is £0.39 Mil as of Jun. 2017. The stock has 6 warning signs investors should review.

Turbo Power Systems's change in inventory for the quarter that ended in Jun. 2017 was £-0.08 Mil. It means Turbo Power Systems's inventory increased by £0.08 Mil from Mar. 2017 to Jun. 2017 .

Turbo Power Systems's change in inventory for the fiscal year that ended in Dec. 2016 was £0.09 Mil. It means Turbo Power Systems's inventory declined by £0.09 Mil from Dec. 2015 to Dec. 2016 .

Turbo Power Systems's Total Inventories for the quarter that ended in Jun. 2017 was £2.83 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turbo Power Systems's Days Inventory for the quarter that ended in Jun. 2017 was 200.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turbo Power Systems's Inventory Turnover for the quarter that ended in Jun. 2017 was 0.45.

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. Turbo Power Systems's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 1.08.

Turbo Power Systems  (LSE:TPS) Change In Inventory Explanation

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

Turbo Power Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.787/1.267*365 / 4
=200.72

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

Turbo Power Systems's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.267 / 2.787
=0.45

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.

Turbo Power Systems's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.787 / 2.586
=1.08

* 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.

Turbo Power Systems Change In Inventory Related Terms

Turbo Power Systems Change In Inventory Historical Data

* Premium members only.

The historical data trend for Turbo Power Systems'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.

Turbo Power Systems Change In Inventory Chart

Turbo Power Systems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 -0.06 -0.14 -0.36 0.09

Turbo Power Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 0.13 -0.07 0.42 -0.08

Turbo Power Systems 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.39 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of £0.39 Mil mean?
Turbo Power Systems (LSE:TPS) has a Change In Inventory of £0.39 Mil as of Jun. 2017. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Turbo Power Systems and its competitors.
Is Turbo Power Systems' Change In Inventory too high?
Turbo Power Systems' current Change In Inventory is £0.39 Mil.
How does Turbo Power Systems' Change In Inventory compare to competitors?
Turbo Power Systems' Change In Inventory of £0.39 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Industrial Products company?
A good Change In Inventory depends on the Industrial Products industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Turbo Power Systems and its competitors. Turbo Power Systems's current Change In Inventory is £0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turbo Power Systems stock overvalued right now?
Turbo Power Systems (LSE:TPS) has a current Change In Inventory of £0.39 Mil. The current Change In Inventory is £0.39 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Turbo Power Systems (LSE:TPS), the current Change In Inventory is £0.39 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Turbo Power Systems Business Description

Turbo Power Systems Inc was incorporated on March 23, 1987. The Company designs and manufactures high-speed electric motors, generators and power electronics systems and provides bespoke solutions to transport, industrial, energy conversion, and military markets The Company conducts operations through its wholly owned subsidiary company, Turbo Power Systems Limited.