APGI (American Power Group) Inventory Turnover: 1.35 (As of Jun. 2017)

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What is American Power Group Inventory Turnover?

American Power Group APGI Inventory Turnover is 1.35 as of Jun. 2017.

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. American Power Group's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.72 Mil. American Power Group's Average Total Inventories for the quarter that ended in Jun. 2017 was $0.53 Mil. American Power Group's Inventory Turnover for the quarter that ended in Jun. 2017 was 1.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Power Group's Days Inventory for the three months ended in Jun. 2017 was 67.67.

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. American Power Group's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 1.39.

American Power Group  (OTCPK:APGI) 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.

American Power Group's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2017 )/Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=0.5325/0.718*365 / 4
=67.67

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.

American Power Group's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=0.5325 / 0.382
=1.39

* 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

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.

American Power Group Inventory Turnover Related Terms

American Power Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for American Power Group'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.

American Power Group Inventory Turnover Chart

American Power Group Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 6.26 4.37 4.68 5.83

American Power Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Inventory Turnover 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 1.30 1.26 1.36 1.86 1.35

American Power Group Inventory Turnover Calculation

American Power Group's Inventory Turnover for the fiscal year that ended in Sep. 2016 is calculated as

Inventory Turnover (A: Sep. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2016 ) / ((Total Inventories (A: Sep. 2015 ) + Total Inventories (A: Sep. 2016 )) / count )
=3.058 / ((0.541 + 0.508) / 2 )
=3.058 / 0.5245
=5.83

American Power Group's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover (Q: Jun. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2017 ) / ((Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / count )
=0.718 / ((0.601 + 0.464) / 2 )
=0.718 / 0.5325
=1.35

* 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 Inventory Turnover →
What does a Inventory Turnover of 1.35 mean?
American Power Group (APGI) has a Inventory Turnover of 1.35 as of Jun. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on American Power Group and its competitors.
Is American Power Group's Inventory Turnover too high?
American Power Group's current Inventory Turnover is 1.35.
How does American Power Group's Inventory Turnover compare to TNRG?
American Power Group's Inventory Turnover of 1.35 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on American Power Group and its competitors. American Power Group's current Inventory Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Power Group stock overvalued right now?
American Power Group (APGI) has a current Inventory Turnover of 1.35. The current Inventory Turnover is 1.35. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For American Power Group (APGI), the current Inventory Turnover is 1.35 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.

American Power Group Business Description

Address 125th Avenue, No. 2204, P.O. Box 187, Algona, IA, USA, 50511
American Power Group Corp delivers alternative fuel solutions to the heavy-duty truck and stationary power generation industries. The company operates its business through two segments: Dual Fuel Conversions and Natural Gas Liquids Operations. The company offers vehicular and stationary solutions, and dual fuel conversions for marine, mining and rail applications. The company also provides flare capture and recovery services to oil and gas production companies. The geographic markets of the company include the United States and Canada. Geographically, the company receives maximum revenue from the United States.