PFTI (Puradyn Filter Technologies) Change In Inventory: $-0.12 Mil (TTM As of Dec. 2019)

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PFTI Puradyn Filter Technologies Inc PFTI
12 GF Score
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What is Puradyn Filter Technologies Change In Inventory?

Puradyn Filter Technologies PFTI 12 Change In Inventory is $-0.12 Mil as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

Puradyn Filter Technologies's change in inventory for the quarter that ended in Dec. 2019 was $0.07 Mil. It means Puradyn Filter Technologies's inventory declined by $0.07 Mil from Sep. 2019 to Dec. 2019 .

Puradyn Filter Technologies's change in inventory for the fiscal year that ended in Dec. 2019 was $-0.12 Mil. It means Puradyn Filter Technologies's inventory increased by $0.12 Mil from Dec. 2018 to Dec. 2019 .

Puradyn Filter Technologies's Total Inventories for the quarter that ended in Dec. 2019 was $0.92 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Puradyn Filter Technologies's Days Inventory for the quarter that ended in Dec. 2019 was 273.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Puradyn Filter Technologies's Inventory Turnover for the quarter that ended in Dec. 2019 was 0.33.

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. Puradyn Filter Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 4.02.

Puradyn Filter Technologies  (OTCPK:PFTI) Change In Inventory Explanation

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

Puradyn Filter Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.996/0.332*365 / 4
=273.75

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

Puradyn Filter Technologies's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.332 / 0.996
=0.33

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.

Puradyn Filter Technologies's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.996 / 0.248
=4.02

* 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.

Puradyn Filter Technologies Change In Inventory Related Terms

Puradyn Filter Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Change In Inventory Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 0.12 0.14 -0.45 -0.12

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -0.29 -0.20 -0.08 0.09 0.07
PFTI
12GF Score
Puradyn Filter Technologies Inc PFTI
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Puradyn Filter Technologies 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 Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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 $-0.12 Mil mean?
Puradyn Filter Technologies (PFTI) has a Change In Inventory of $-0.12 Mil as of Dec. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Puradyn Filter Technologies and its competitors.
Is Puradyn Filter Technologies' Change In Inventory too high?
Puradyn Filter Technologies' current Change In Inventory is $-0.12 Mil. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puradyn Filter Technologies' Change In Inventory compare to CSHEF and FLES?
Puradyn Filter Technologies' Change In Inventory of $-0.12 Mil can be compared against companies in the Vehicles & Parts 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 a Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts 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 Puradyn Filter Technologies and its competitors. Puradyn Filter Technologies's current Change In Inventory is $-0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puradyn Filter Technologies stock overvalued right now?
Puradyn Filter Technologies (PFTI) has a current Change In Inventory of $-0.12 Mil. The current Change In Inventory is $-0.12 Mil. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current Change In Inventory is $-0.12 Mil as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
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