Arctic Cat (Arctic Cat) Inventory Turnover : 0.56 (As of Dec. 2016)

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What is Arctic Cat Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Arctic Cat's Cost of Goods Sold for the three months ended in Dec. 2016 was $107.7 Mil. Arctic Cat's Average Total Inventories for the quarter that ended in Dec. 2016 was $190.6 Mil. Arctic Cat's Inventory Turnover for the quarter that ended in Dec. 2016 was 0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arctic Cat's Days Inventory for the three months ended in Dec. 2016 was 161.56.

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. Arctic Cat's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 1.62.

Arctic Cat Inventory Turnover Historical Data

The historical data trend for Arctic Cat's Inventory Turnover 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.

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Arctic Cat Inventory Turnover Chart

Arctic Cat Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Inventory Turnover

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5.68

5.34

4.89

3.95

3.71

Arctic Cat Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Inventory Turnover	Get a 7-Day Free Trial															0.89	0.85	0.58	0.81	0.56

Arctic Cat Inventory Turnover Calculation

Arctic Cat's Inventory Turnover for the fiscal year that ended in Mar. 2016 is calculated as

	Inventory Turnover (A: Mar. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2016 )	/ (	(Total Inventories (A: Mar. 2015 )	+	Total Inventories (A: Mar. 2016 ))	/	count )
=	542.228	/ (	(152.443	+	140.007)	/	2 )
=	542.228	/	146.225
=	3.71

Arctic Cat's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

	Inventory Turnover (Q: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2016 )	/ (	(Total Inventories (Q: Sep. 2016 )	+	Total Inventories (Q: Dec. 2016 ))	/	count )
=	107.673	/ (	(195.703	+	185.568)	/	2 )
=	107.673	/	190.6355
=	0.56

Arctic Cat (NAS:ACAT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Arctic Cat's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2016 )	/	Cost of Goods Sold (Q: Dec. 2016 )	*	Days in Period
	=	190.6355	/	107.673	*	365 / 4
	=	161.56

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.

Arctic Cat's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2016 )	/	Revenue (Q: Dec. 2016 )
	=	190.6355	/	117.383
	=	1.62

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Arctic Cat Inventory Turnover Related Terms

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Arctic Cat (Arctic Cat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Arctic Cat Inc (NAS:ACAT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.arcticcat.com

Arctic Cat designs, engineers, manufactures, and markets snowmobiles, all-terrain vehicles, and utility task vehicles, or "side-by-sides," under the Arctic Cat brand name, as well as related parts, garments, and accessories under the Arctic Cat and MotorFist brands. The company markets its products through a network of independent dealers throughout the contiguous United States and Canada and through distributors representing dealers in Alaska, Europe, the Middle East, Asia, and other international markets.

Executives

Andrew S Duff	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Joseph F. Puishys	director	4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Christopher T Metz	director, officer: President and CEO	BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Susan E Lester	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Tony Christianson	director
Christopher J Eperjesy	officer: Chief Financial Officer	505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Patricia L Jones	officer: Chief Human Resources Officer	C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
D Christian Koch	director	P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Christopher A Twomey	director	ARCTIC CAT, 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Stanley A Askren	director	408 EAST SECOND STREET, MUSCATINE IA 52761
Gregg A Ostrander	director	4600 SLEEPYTIME DRIVE, BOULDER CO 80301
David A Roberts	director	3013 KINGS MANOR DRIVE, WEDDINGTON NC 21104-6868

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