Turbo Power Systems (LSE:TPS) Days Inventory: 200.72 (As of Jun. 2017) — 122% Above Median


What is Turbo Power Systems Days Inventory?

Turbo Power Systems LSE:TPS +16.67% Days Inventory is 200.72 as of Jun. 2017, which is 122% above its 10-year median of 90.26. The stock has 6 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Turbo Power Systems's Average Total Inventories for the three months ended in Jun. 2017 was £2.79 Mil. Turbo Power Systems's Cost of Goods Sold for the three months ended in Jun. 2017 was £1.27 Mil. Hence, Turbo Power Systems's Days Inventory for the three months ended in Jun. 2017 was 200.72.

The historical rank and industry rank for Turbo Power Systems's Days Inventory or its related term are showing as below:

LSE:TPS' s Days Inventory Range Over the Past 10 Years
Min: 74.48   Med: 90.26   Max: 2298.63
Current: 78.99

During the past 13 years, Turbo Power Systems's highest Days Inventory was 2298.63. The lowest was 74.48. And the median was 90.26.

LSE:TPS's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 119.41 vs LSE:TPS: 78.99

Turbo Power Systems's Days Inventory increased from Jun. 2016 (139.25) to Jun. 2017 (200.72). It might indicate that Turbo Power Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Turbo Power Systems's Inventory Turnover for the three months 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 three months ended in Jun. 2017 was 1.08.


Turbo Power Systems  (LSE:TPS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 three months ended in Jun. 2017 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Turbo Power Systems Days Inventory Related Terms


Turbo Power Systems Days Inventory Historical Data

* Premium members only.

The historical data trend for Turbo Power Systems's Days 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 Days Inventory Chart

Turbo Power Systems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.78 74.97 92.10 136.05 140.13

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
Days 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 139.25 142.67 129.09 148.11 200.72

Turbo Power Systems Days Inventory Competitor Comparison

For the Specialty Industrial Machinery subindustry, Turbo Power Systems's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turbo Power Systems Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbo Power Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Turbo Power Systems's Days Inventory falls into.



Turbo Power Systems Days Inventory Calculation

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 fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (3.253 + 3.163) / 2 ) / 8.356*365
=3.208 / 8.356*365
=140.13

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

Days Inventory (Q: Jun. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (2.745 + 2.829) / 2 ) / 1.267*365 / 4
=2.787 / 1.267*365 / 4
=200.72

* 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 Days Inventory →
What does a Days Inventory of 200.72 mean?
Turbo Power Systems (LSE:TPS) has a Days Inventory of 200.72 as of Jun. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Turbo Power Systems and its competitors. This is 122% above median its historical median of 90.26. Over the past decade, Turbo Power Systems' Days Inventory has ranged from 74.48 to 2,298.63.
Is Turbo Power Systems' Days Inventory too high?
Turbo Power Systems' current Days Inventory of 200.72 is 122% above median its 10-year median of 90.26. Over the past 10 years, this metric has ranged from a low of 74.48 to a high of 2,298.63. The Industrial Products industry median Days Inventory is 119.41. Turbo Power Systems' value of 200.72 is 68.1% above this industry median.
How does Turbo Power Systems' Days Inventory compare to competitors?
Turbo Power Systems' Days Inventory of 200.72 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.41. Turbo Power Systems' value of 200.72 is 68.1% above this benchmark. Historically, Turbo Power Systems' own Days Inventory has ranged from 74.48 to 2,298.63 over the past decade. While the company's 10-year median is 90.26 vs. the industry median of 119.41, Turbo Power Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.41, based on 2,963 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turbo Power Systems's current Days Inventory of 200.72 is 68.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Turbo Power Systems and its competitors. For the Industrial Products industry, the median Days Inventory is 119.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turbo Power Systems's current Days Inventory is 200.72, which is 122% above median its own 10-year median of 90.26. 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 Days Inventory of 200.72. The current Days Inventory is 200.72, which is 122% above median its 10-year median of 90.26 and 68.1% above the Industrial Products industry median of 119.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Turbo Power Systems (LSE:TPS), the current Days Inventory is 200.72 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.