TRUK (Truck Hero) Change In Inventory: $-2.43 Mil (TTM As of Jun. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Truck Hero Change In Inventory?

Truck Hero TRUK Change In Inventory is $-2.43 Mil as of Jun. 2015.

Truck Hero's change in inventory for the quarter that ended in Jun. 2015 was $-2.43 Mil. It means Truck Hero's inventory increased by $2.43 Mil from Jun. 2014 to Jun. 2015 .

Truck Hero's change in inventory for the fiscal year that ended in Dec. 2014 was $0.00 Mil. It means Truck Hero's inventory stayed the same from Dec. 2013 to Dec. 2014 .

Truck Hero's Total Inventories for the quarter that ended in Jun. 2015 was $27.99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Truck Hero's Days Inventory for the quarter that ended in Jun. 2015 was 20.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Truck Hero's Inventory Turnover for the quarter that ended in Jun. 2015 was 8.74.

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. Truck Hero's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.07.


Truck Hero  (NYSE:TRUK) Change In Inventory Explanation

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

Truck Hero's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=13.996/122.365*365 / 2
=20.87

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

Truck Hero's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

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.

Truck Hero's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

* 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.


Truck Hero Change In Inventory Related Terms


Truck Hero Change In Inventory Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero Change In Inventory Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Change In Inventory
-2.53 0.00

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Change In Inventory 0.00 0.67 -2.43

Truck Hero 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.43 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 $-2.43 Mil mean?
Truck Hero (TRUK) has a Change In Inventory of $-2.43 Mil as of Jun. 2015. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Truck Hero and its competitors.
Is Truck Hero's Change In Inventory too high?
Truck Hero's current Change In Inventory is $-2.43 Mil.
How does Truck Hero's Change In Inventory compare to IMLE and PFTI?
Truck Hero's Change In Inventory of $-2.43 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 Truck Hero and its competitors. Truck Hero's current Change In Inventory is $-2.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Change In Inventory of $-2.43 Mil. The current Change In Inventory is $-2.43 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 Truck Hero (TRUK), the current Change In Inventory is $-2.43 Mil as of Jun. 2015. 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.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.