PFTI (Puradyn Filter Technologies) Inventory Turnover: 0.33 (As of Dec. 2019)


PFTI Puradyn Filter Technologies Inc PFTI
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What is Puradyn Filter Technologies Inventory Turnover?

Puradyn Filter Technologies PFTI 12 Inventory Turnover is 0.33 as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

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. Puradyn Filter Technologies's Cost of Goods Sold for the three months ended in Dec. 2019 was $0.33 Mil. Puradyn Filter Technologies's Average Total Inventories for the quarter that ended in Dec. 2019 was $1.00 Mil. Puradyn Filter Technologies's Inventory Turnover for the quarter that ended in Dec. 2019 was 0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Puradyn Filter Technologies's Days Inventory for the three months ended in Dec. 2019 was 273.75.

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. Puradyn Filter Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 4.02.

Puradyn Filter Technologies  (OTCPK:PFTI) 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.

Puradyn Filter Technologies's Days Inventory for the three months ended in Dec. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=0.996/0.332*365 / 4
=273.75

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.

Puradyn Filter Technologies's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=0.996 / 0.248
=4.02

* 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.

Puradyn Filter Technologies Inventory Turnover Related Terms

Puradyn Filter Technologies Inventory Turnover Historical Data

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The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Inventory Turnover Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.95 3.25 3.99 1.49

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.81 0.35 0.33 0.25 0.33
PFTI
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Puradyn Filter Technologies Inc PFTI
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Puradyn Filter Technologies Inventory Turnover Calculation

Puradyn Filter Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=1.307 / ((0.835 + 0.923) / 2 )
=1.307 / 0.879
=1.49

Puradyn Filter Technologies's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover (Q: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2019 ) / ((Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count )
=0.332 / ((1.069 + 0.923) / 2 )
=0.332 / 0.996
=0.33

* 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 0.33 mean?
Puradyn Filter Technologies (PFTI) has a Inventory Turnover of 0.33 as of Dec. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Puradyn Filter Technologies and its competitors.
Is Puradyn Filter Technologies' Inventory Turnover too high?
Puradyn Filter Technologies' current Inventory Turnover is 0.33. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puradyn Filter Technologies' Inventory Turnover compare to CSHEF and FLES?
Puradyn Filter Technologies' Inventory Turnover of 0.33 can be compared against companies in the Vehicles & Parts 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 a Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Puradyn Filter Technologies and its competitors. Puradyn Filter Technologies's current Inventory Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puradyn Filter Technologies stock overvalued right now?
Puradyn Filter Technologies (PFTI) has a current Inventory Turnover of 0.33. The current Inventory Turnover is 0.33. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current Inventory Turnover is 0.33 as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
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