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Dewey Electronics (Dewey Electronics) Inventory Turnover : 0.36 (As of Mar. 2018)


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What is Dewey Electronics 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. Dewey Electronics's Cost of Goods Sold for the three months ended in Mar. 2018 was $0.70 Mil. Dewey Electronics's Average Total Inventories for the quarter that ended in Mar. 2018 was $1.97 Mil. Dewey Electronics's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dewey Electronics's Days Inventory for the three months ended in Mar. 2018 was 255.45.

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. Dewey Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 1.55.


Dewey Electronics Inventory Turnover Historical Data

The historical data trend for Dewey Electronics'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.

* Premium members only.

Dewey Electronics Inventory Turnover Chart

Dewey Electronics Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 6.56 3.03 2.44 2.05

Dewey Electronics Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Dec17 Mar18
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 0.27 0.37 0.36 0.42 0.36

Dewey Electronics Inventory Turnover Calculation

Dewey Electronics's Inventory Turnover for the fiscal year that ended in Jun. 2016 is calculated as

Inventory Turnover (A: Jun. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2016 ) / ((Total Inventories (A: Jun. 2015 ) + Total Inventories (A: Jun. 2016 )) / count )
=4.023 / ((2.031 + 1.89) / 2 )
=4.023 / 1.9605
=2.05

Dewey Electronics's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover (Q: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count )
=0.703 / ((1.928 + 2.008) / 2 )
=0.703 / 1.968
=0.36

* 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.


Dewey Electronics  (OTCPK:DEWY) 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.

Dewey Electronics's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2018 )/Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=1.968/0.703*365 / 4
=255.45

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.

Dewey Electronics's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=1.968 / 1.271
=1.55

* 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.


Dewey Electronics Inventory Turnover Related Terms

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Dewey Electronics (Dewey Electronics) Business Description

Traded in Other Exchanges
N/A
Address
27 Muller Road, Oakland, NJ, USA, 07436
Dewey Electronics Corp designs and manufactures compact diesel power generators, hybrid power systems, and vehicle auxiliary power units for military markets worldwide. The company has diversified its customer base for power products and non-power products. Its power products comprise man-portable generators, hybrid power generation systems, and vehicle auxiliary power units. The firm's non-power products offering includes rotameters, sea valves, hull liners, and transmitter.
Executives
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
James M Link director C/O TELEDYNE TECHNOLOGIES INC, 12333 W OLYMPIC BLVD, LOS ANGELES CA 90064
John B Rhodes director 74 FIFTH AVENUE, NEW YORK NY 10011