TXRP (TX Rail Products) Change In Inventory: $-0.03 Mil (TTM As of Sep. 2019)

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 TX Rail Products Change In Inventory?

TX Rail Products TXRP Change In Inventory is $-0.03 Mil as of Sep. 2019.

TX Rail Products's change in inventory for the quarter that ended in Sep. 2019 was $0.04 Mil. It means TX Rail Products's inventory declined by $0.04 Mil from Jun. 2019 to Sep. 2019 .

TX Rail Products's change in inventory for the fiscal year that ended in Sep. 2020 was $-0.21 Mil. It means TX Rail Products's inventory increased by $0.21 Mil from Sep. 2019 to Sep. 2020 .

TX Rail Products's Total Inventories for the quarter that ended in Sep. 2019 was $1.48 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TX Rail Products's Days Inventory for the quarter that ended in Sep. 2019 was 236.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. TX Rail Products's Inventory Turnover for the quarter that ended in Sep. 2019 was 0.39.

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. TX Rail Products's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 2.16.

TX Rail Products  (OTCPK:TXRP) Change In Inventory Explanation

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

TX Rail Products's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.6785/0.649*365 / 4
=236.00

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

TX Rail Products's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.649 / 1.6785
=0.39

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.

TX Rail Products's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.6785 / 0.776
=2.16

* 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.

TX Rail Products Change In Inventory Related Terms

TX Rail Products Change In Inventory Historical Data

* Premium members only.

The historical data trend for TX Rail Products'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.

TX Rail Products Change In Inventory Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.42 -0.11 -0.03 -0.21

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 -0.02 0.09 -0.15 0.04 0.00

TX Rail Products 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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 $-0.03 Mil mean?
TX Rail Products (TXRP) has a Change In Inventory of $-0.03 Mil as of Sep. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TX Rail Products and its competitors.
Is TX Rail Products' Change In Inventory too high?
TX Rail Products' current Change In Inventory is $-0.03 Mil.
How does TX Rail Products' Change In Inventory compare to FAST and GWW?
TX Rail Products' Change In Inventory of $-0.03 Mil can be compared against companies in the Industrial Distribution 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 Distribution company?
A good Change In Inventory depends on the Industrial Distribution 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 TX Rail Products and its competitors. TX Rail Products's current Change In Inventory is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TX Rail Products stock overvalued right now?
TX Rail Products (TXRP) has a current Change In Inventory of $-0.03 Mil. The current Change In Inventory is $-0.03 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 TX Rail Products (TXRP), the current Change In Inventory is $-0.03 Mil as of Sep. 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.

TX Rail Products Business Description

Address 12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Rail Products Inc is in the business of supplying, distributing and selling rail material to domestic coal mining industry, short line railroads, and tunneling contractors.