Armstrong Flooring (STU:2AS) Inventory Turnover: 1.07 (As of Dec. 2021)


STU:2AS Armstrong Flooring Inc STU:2AS
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What is Armstrong Flooring Inventory Turnover?

Armstrong Flooring STU:2AS 12 Inventory Turnover is 1.07 as of Dec. 2021. GuruFocus rates STU:2AS 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. Armstrong Flooring's Cost of Goods Sold for the three months ended in Dec. 2021 was €127.7 Mil. Armstrong Flooring's Average Total Inventories for the quarter that ended in Dec. 2021 was €119.4 Mil. Armstrong Flooring's Inventory Turnover for the quarter that ended in Dec. 2021 was 1.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Armstrong Flooring's Days Inventory for the three months ended in Dec. 2021 was 85.31.

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. Armstrong Flooring's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.82.

Armstrong Flooring  (STU:2AS) 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.

Armstrong Flooring's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=119.393/127.705*365 / 4
=85.31

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.

Armstrong Flooring's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=119.393 / 145.494
=0.82

* 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.

Armstrong Flooring Inventory Turnover Related Terms

Armstrong Flooring Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Armstrong Flooring'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.

Armstrong Flooring Inventory Turnover Chart

Armstrong Flooring Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 4.64 4.35 4.00 4.34

Armstrong Flooring Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.03 1.03 1.17 1.25 1.07
STU:2AS
12GF Score
Armstrong Flooring Inc STU:2AS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Armstrong Flooring Inventory Turnover Calculation

Armstrong Flooring's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=509.583 / ((105.298 + 129.476) / 2 )
=509.583 / 117.387
=4.34

Armstrong Flooring's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover (Q: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2021 ) / ((Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count )
=127.705 / ((109.31 + 129.476) / 2 )
=127.705 / 119.393
=1.07

* 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 1.07 mean?
Armstrong Flooring (STU:2AS) has a Inventory Turnover of 1.07 as of Dec. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Armstrong Flooring and its competitors.
Is Armstrong Flooring's Inventory Turnover too high?
Armstrong Flooring's current Inventory Turnover is 1.07. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong Flooring's Inventory Turnover compare to AEHL and CARR?
Armstrong Flooring's Inventory Turnover of 1.07 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Armstrong Flooring and its competitors. Armstrong Flooring's current Inventory Turnover is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong Flooring stock overvalued right now?
Armstrong Flooring (STU:2AS) has a current Inventory Turnover of 1.07. The current Inventory Turnover is 1.07. Armstrong Flooring's 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 Armstrong Flooring (STU:2AS), the current Inventory Turnover is 1.07 as of Dec. 2021. 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.

Armstrong Flooring Business Description

Address 1770 Hempstead Road, Lancaster, PA, USA, 17605
Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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