FSCR (Federal Screw Works) Inventory Turnover: 1.26 (As of Dec. 2004)

What is Federal Screw Works Inventory Turnover?

Federal Screw Works FSCR -0.27% Inventory Turnover is 1.26 as of Dec. 2004.

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. Federal Screw Works's Cost of Goods Sold for the three months ended in Dec. 2004 was $20.91 Mil. Federal Screw Works's Average Total Inventories for the quarter that ended in Dec. 2004 was $16.62 Mil. Federal Screw Works's Inventory Turnover for the quarter that ended in Dec. 2004 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Federal Screw Works's Days Inventory for the three months ended in Dec. 2004 was 72.51.

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. Federal Screw Works's Inventory-to-Revenue for the quarter that ended in Dec. 2004 was 0.81.

Federal Screw Works (OTCPK:FSCR) 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.

Federal Screw Works's Days Inventory for the three months ended in Dec. 2004 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2004 )	/	Cost of Goods Sold (Q: Dec. 2004 )	*	Days in Period
	=	16.619	/	20.914	*	365 / 4
	=	72.51

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.

Federal Screw Works's Inventory to Revenue for the quarter that ended in Dec. 2004 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2004 )	/	Revenue (Q: Dec. 2004 )
	=	16.619	/	20.455
	=	0.81

* 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.

Federal Screw Works Inventory Turnover Related Terms

Federal Screw Works Inventory Turnover Historical Data

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The historical data trend for Federal Screw Works's Inventory Turnover can be seen below:

Federal Screw Works Inventory Turnover Chart

Federal Screw Works Annual Data

Trend

Jun95

Jun96

Jun97

Jun98

Jun99

Jun00

Jun01

Jun02

Jun03

Jun04

Inventory Turnover

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6.54

5.79

4.90

5.27

5.52

Federal Screw Works Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
Inventory Turnover	Get a 7-Day Free Trial															1.32	1.46	1.49	1.26	1.26

Federal Screw Works Inventory Turnover Calculation

Federal Screw Works's Inventory Turnover for the fiscal year that ended in Jun. 2004 is calculated as

	Inventory Turnover (A: Jun. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2004 )	/ (	(Total Inventories (A: Jun. 2003 )	+	Total Inventories (A: Jun. 2004 ))	/	count )
=	83.589	/ (	(14.572	+	15.727)	/	2 )
=	83.589	/	15.1495
=	5.52

Federal Screw Works's Inventory Turnover for the quarter that ended in Dec. 2004 is calculated as

	Inventory Turnover (Q: Dec. 2004 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2004 )	/ (	(Total Inventories (Q: Sep. 2004 )	+	Total Inventories (Q: Dec. 2004 ))	/	count )
=	20.914	/ (	(16.005	+	17.233)	/	2 )
=	20.914	/	16.619
=	1.26

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.26 mean?

Federal Screw Works (FSCR) has a Inventory Turnover of 1.26 as of Dec. 2004. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Federal Screw Works and its competitors.

Is Federal Screw Works' Inventory Turnover too high?

Federal Screw Works' current Inventory Turnover is 1.26.

How does Federal Screw Works' Inventory Turnover compare to PAOS and PFIN?

Federal Screw Works' Inventory Turnover of 1.26 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 Federal Screw Works and its competitors. Federal Screw Works's current Inventory Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Federal Screw Works stock overvalued right now?

Federal Screw Works (FSCR) has a current Inventory Turnover of 1.26. The current Inventory Turnover is 1.26. 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 Federal Screw Works (FSCR), the current Inventory Turnover is 1.26 as of Dec. 2004. 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.

Federal Screw Works Business Description

Industry Industrials Industrial Products

Comparable Companies NSE:EMKAYTOOLS TSE:5952 TSE:5964 PAOS XKLS:0133 TSE:5962 WBO:HED XKLS:8648 ROCO:1585 WAR:RAF BOM:505827 TSE:6380 TSE:5969 XKRX:007530 BOM:531306 ROCO:6705 ROCO:5011 TPE:1538 BOM:507998 PFIN

Address 34846 Goddard Road, Romulus, MI, USA, 48174

Website https://www.federalscrewworks.com

Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.