AXPWQ (Axion Power International) Inventory Turnover: 1.98 (As of Dec. 2016)


What is Axion Power International Inventory Turnover?

Axion Power International AXPWQ -99.00% Inventory Turnover is 1.98 as of Dec. 2016.

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. Axion Power International's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.53 Mil. Axion Power International's Average Total Inventories for the quarter that ended in Dec. 2016 was $0.27 Mil. Axion Power International's Inventory Turnover for the quarter that ended in Dec. 2016 was 1.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axion Power International's Days Inventory for the three months ended in Dec. 2016 was 46.06.

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. Axion Power International's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 11.61.

Axion Power International  (OTCPK:AXPWQ) 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.

Axion Power International'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
=0.267/0.529*365 / 4
=46.06

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.

Axion Power International'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 )
=0.267 / 0.023
=11.61

* 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.

Axion Power International Inventory Turnover Related Terms

Axion Power International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Axion Power International'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.

Axion Power International Inventory Turnover Chart

Axion Power International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 4.71 4.12 4.00 5.66

Axion Power International 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 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 1.51 1.48 1.24 0.98 1.98

Axion Power International Inventory Turnover Calculation

Axion Power International's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Inventory Turnover (A: Dec. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2016 ) / ((Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count )
=1.585 / ((0.28 + 0) / 1 )
=1.585 / 0.28
=5.66

Axion Power International'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 )
=0.529 / ((0.267 + 0) / 1 )
=0.529 / 0.267
=1.98

* 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 1.98 mean?
Axion Power International (AXPWQ) has a Inventory Turnover of 1.98 as of Dec. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Axion Power International and its competitors.
Is Axion Power International's Inventory Turnover too high?
Axion Power International's current Inventory Turnover is 1.98.
How does Axion Power International's Inventory Turnover compare to CHGI and GNAL?
Axion Power International's Inventory Turnover of 1.98 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 Axion Power International and its competitors. Axion Power International's current Inventory Turnover is 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axion Power International stock overvalued right now?
Axion Power International (AXPWQ) has a current Inventory Turnover of 1.98. The current Inventory Turnover is 1.98. 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 Axion Power International (AXPWQ), the current Inventory Turnover is 1.98 as of Dec. 2016. 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.

Axion Power International Business Description

Address 3601 Clover Lane, New Castle, PA, USA, 16105
Axion Power International Inc is a United States-based company. It focuses on reviewing and rating the alternative energy products for residential use.