GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Servotronics Inc (AMEX:SVT) » Definitions » Inventory Turnover

SVT (Servotronics) Inventory Turnover : 0.55 (As of Dec. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Servotronics 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. Servotronics's Cost of Goods Sold for the three months ended in Dec. 2024 was $8.57 Mil. Servotronics's Average Total Inventories for the quarter that ended in Dec. 2024 was $15.62 Mil. Servotronics's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Servotronics's Days Inventory for the three months ended in Dec. 2024 was 166.32.

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. Servotronics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.60.


Servotronics Inventory Turnover Historical Data

The historical data trend for Servotronics'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.

Servotronics Inventory Turnover Chart

Servotronics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.59 1.72 2.52 2.44

Servotronics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.65 0.60 0.60 0.65 0.55

Servotronics Inventory Turnover Calculation

Servotronics's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=36.651 / ((14.198 + 15.826) / 2 )
=36.651 / 15.012
=2.44

Servotronics's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=8.568 / ((15.408 + 15.826) / 2 )
=8.568 / 15.617
=0.55

* 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.


Servotronics  (AMEX:SVT) 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.

Servotronics's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=15.617/8.568*365 / 4
=166.32

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.

Servotronics's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=15.617 / 9.768
=1.60

* 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.


Servotronics Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Servotronics's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Servotronics Business Description

Traded in Other Exchanges
N/A
Address
1110 Maple Street, Post Office Box 300, Elma, NY, USA, 14059 - 9573
Servotronics Inc is a U.S based company that designs, manufactures, and markets servo valves, including torque motor, hydraulic, and pneumatic valves. The company has single reportable segment which is aerospace Its products are marketed and sold throughout the United States and in select foreign markets. These products are sold to commercial aviation manufacturers, government prime contractors, government subcontractors, and end-users. Geographically, the company generates the majority of its revenue from the Domestic market.
Executives
James C Takacs officer: Vice President 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Beaver Hollow Wellness, Llc 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Robert Fraass officer: Chief Financial Officer 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Kenneth D Trbovich officer: President 1110 MAPLE STREET, ELMA NY 14059
Estate Of Nicholas D. Trbovich, Sr. 10 percent owner 960 PORTERVILLE ROAD, EAST AURORA NY 14052
Brent D Baird 10 percent owner 1350 ONE M&T PLAZA, BUFFALO NY 14203-2396
Evan H Wax director 44 CHERRY LANE, MADISON CT 06443
Founders Software, Inc. 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Snyder Paul L. Iii 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Edward C Cosgrove director 525 DELAWARE AVENUE, BUFFALO NY 14202
Lucion P Gygax director 1110 MAPLE STREET, ELMA NY 14059
Christopher M Marks director 360 DELAWARE AVENUE, SUITE 230, BUFFALO NY 14202
Farrell William F Jr. director, officer: Chief Executive Officer 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Karen L Howard director C/O SERVOTRONICS, INC., 1110 MAPLE STREET, ELMA NY 14059
Jason T Bear director 5301 N. COMMERCE AVE., SUITE C, MOORPARK CA 93021