STYS (Stinger Systems) Inventory Turnover: 1.27 (As of Sep. 2009)


What is Stinger Systems Inventory Turnover?

Stinger Systems STYS -99.00% Inventory Turnover is 1.27 as of Sep. 2009.

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. Stinger Systems's Cost of Goods Sold for the three months ended in Sep. 2009 was $0.22 Mil. Stinger Systems's Average Total Inventories for the quarter that ended in Sep. 2009 was $0.18 Mil. Stinger Systems's Inventory Turnover for the quarter that ended in Sep. 2009 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stinger Systems's Days Inventory for the three months ended in Sep. 2009 was 72.02.

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. Stinger Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2009 was 0.69.

Stinger Systems  (OTCPK:STYS) 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.

Stinger Systems's Days Inventory for the three months ended in Sep. 2009 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2009 )/Cost of Goods Sold (Q: Sep. 2009 )*Days in Period
=0.176/0.223*365 / 4
=72.02

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.

Stinger Systems's Inventory to Revenue for the quarter that ended in Sep. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2009 ) / Revenue (Q: Sep. 2009 )
=0.176 / 0.254
=0.69

* 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.

Stinger Systems Inventory Turnover Related Terms

Stinger Systems Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Stinger Systems'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.

Stinger Systems Inventory Turnover Chart

Stinger Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Inventory Turnover
3.05 2.69 2.54 4.19

Stinger Systems Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.50 0.94 1.23 0.89 1.27

Stinger Systems Inventory Turnover Calculation

Stinger Systems's Inventory Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Inventory Turnover (A: Dec. 2008 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2008 ) / ((Total Inventories (A: Dec. 2007 ) + Total Inventories (A: Dec. 2008 )) / count )
=0.771 / ((0.129 + 0.239) / 2 )
=0.771 / 0.184
=4.19

Stinger Systems's Inventory Turnover for the quarter that ended in Sep. 2009 is calculated as

Inventory Turnover (Q: Sep. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2009 ) / ((Total Inventories (Q: Jun. 2009 ) + Total Inventories (Q: Sep. 2009 )) / count )
=0.223 / ((0.169 + 0.183) / 2 )
=0.223 / 0.176
=1.27

* 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 1.27 mean?
Stinger Systems (STYS) has a Inventory Turnover of 1.27 as of Sep. 2009. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Stinger Systems and its competitors.
Is Stinger Systems' Inventory Turnover too high?
Stinger Systems' current Inventory Turnover is 1.27.
How does Stinger Systems' Inventory Turnover compare to MDEX and NEIK?
Stinger Systems' Inventory Turnover of 1.27 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Stinger Systems and its competitors. Stinger Systems's current Inventory Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stinger Systems stock overvalued right now?
Stinger Systems (STYS) has a current Inventory Turnover of 1.27. The current Inventory Turnover is 1.27. 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 Stinger Systems (STYS), the current Inventory Turnover is 1.27 as of Sep. 2009. 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.

Stinger Systems Business Description

Address 5505 Johns Road, Suite 702, Tampa, FL, USA, 33634
Stinger Systems Inc is engaged in the production and sale of electronic stun devices for the control of, and to provide temporary incapacitation of, potentially dangerous persons.