TORM (TOR Minerals International) Change In Inventory: $3.24 Mil (TTM As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
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What is TOR Minerals International Change In Inventory?

TOR Minerals International TORM 12 Change In Inventory is $3.24 Mil as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

TOR Minerals International's change in inventory for the quarter that ended in Dec. 2017 was $3.24 Mil. It means TOR Minerals International's inventory declined by $3.24 Mil from Dec. 2016 to Dec. 2017 .

TOR Minerals International's change in inventory for the fiscal year that ended in Dec. 2017 was $3.24 Mil. It means TOR Minerals International's inventory declined by $3.24 Mil from Dec. 2016 to Dec. 2017 .

TOR Minerals International's Total Inventories for the quarter that ended in Dec. 2017 was $9.14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TOR Minerals International's Days Inventory for the quarter that ended in Dec. 2017 was 53.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. TOR Minerals International's Inventory Turnover for the quarter that ended in Dec. 2017 was 3.39.

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. TOR Minerals International's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.27.

TOR Minerals International  (OTCPK:TORM) Change In Inventory Explanation

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

TOR Minerals International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=10.456/35.412*365 / 2
=53.89

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

TOR Minerals International's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=35.412 / 10.456
=3.39

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.

TOR Minerals International's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10.456 / 38.966
=0.27

* 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.

TOR Minerals International Change In Inventory Related Terms

TOR Minerals International Change In Inventory Historical Data

* Premium members only.

The historical data trend for TOR Minerals International'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.

TOR Minerals International Change In Inventory Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.34 2.25 1.94 3.24

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 -0.01 -0.34 2.25 1.94 3.24
TORM
12GF Score
TOR Minerals International Inc TORM
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TOR Minerals International Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2017 was $3.24 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 $3.24 Mil mean?
TOR Minerals International (TORM) has a Change In Inventory of $3.24 Mil as of Dec. 2017. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TOR Minerals International and its competitors.
Is TOR Minerals International's Change In Inventory too high?
TOR Minerals International's current Change In Inventory is $3.24 Mil. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's Change In Inventory compare to BGLC and CRKN?
TOR Minerals International's Change In Inventory of $3.24 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Inventory depends on the Chemicals 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 TOR Minerals International and its competitors. TOR Minerals International's current Change In Inventory is $3.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current Change In Inventory of $3.24 Mil. The current Change In Inventory is $3.24 Mil. TOR Minerals International's 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 TOR Minerals International (TORM), the current Change In Inventory is $3.24 Mil as of Dec. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
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