SYEV (Seychelle Environmental Technologies) Inventory Turnover: 0.47 (As of Feb. 2020)


What is Seychelle Environmental Technologies Inventory Turnover?

Seychelle Environmental Technologies SYEV Inventory Turnover is 0.47 as of Feb. 2020.

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. Seychelle Environmental Technologies's Cost of Goods Sold for the three months ended in Feb. 2020 was $0.46 Mil. Seychelle Environmental Technologies's Average Total Inventories for the quarter that ended in Feb. 2020 was $0.99 Mil. Seychelle Environmental Technologies's Inventory Turnover for the quarter that ended in Feb. 2020 was 0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seychelle Environmental Technologies's Days Inventory for the three months ended in Feb. 2020 was 195.41.

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. Seychelle Environmental Technologies's Inventory-to-Revenue for the quarter that ended in Feb. 2020 was 1.24.

Seychelle Environmental Technologies  (OTCPK:SYEV) 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.

Seychelle Environmental Technologies's Days Inventory for the three months ended in Feb. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2020 )/Cost of Goods Sold (Q: Feb. 2020 )*Days in Period
=0.9915/0.463*365 / 4
=195.41

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.

Seychelle Environmental Technologies's Inventory to Revenue for the quarter that ended in Feb. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2020 ) / Revenue (Q: Feb. 2020 )
=0.9915 / 0.799
=1.24

* 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.

Seychelle Environmental Technologies Inventory Turnover Related Terms

Seychelle Environmental Technologies Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Seychelle Environmental 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.

Seychelle Environmental Technologies Inventory Turnover Chart

Seychelle Environmental Technologies Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 1.68 2.32 1.66 1.71

Seychelle Environmental Technologies Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 0.38 0.27 0.52 0.45 0.47

Seychelle Environmental Technologies Inventory Turnover Calculation

Seychelle Environmental Technologies's Inventory Turnover for the fiscal year that ended in Feb. 2020 is calculated as

Inventory Turnover (A: Feb. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2020 ) / ((Total Inventories (A: Feb. 2019 ) + Total Inventories (A: Feb. 2020 )) / count )
=1.701 / ((0.972 + 1.021) / 2 )
=1.701 / 0.9965
=1.71

Seychelle Environmental Technologies's Inventory Turnover for the quarter that ended in Feb. 2020 is calculated as

Inventory Turnover (Q: Feb. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2020 ) / ((Total Inventories (Q: Nov. 2019 ) + Total Inventories (Q: Feb. 2020 )) / count )
=0.463 / ((0.962 + 1.021) / 2 )
=0.463 / 0.9915
=0.47

* 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 0.47 mean?
Seychelle Environmental Technologies (SYEV) has a Inventory Turnover of 0.47 as of Feb. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Seychelle Environmental Technologies and its competitors.
Is Seychelle Environmental Technologies' Inventory Turnover too high?
Seychelle Environmental Technologies' current Inventory Turnover is 0.47.
How does Seychelle Environmental Technologies' Inventory Turnover compare to AMSU and WTNW?
Seychelle Environmental Technologies' Inventory Turnover of 0.47 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 Seychelle Environmental Technologies and its competitors. Seychelle Environmental Technologies's current Inventory Turnover is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seychelle Environmental Technologies stock overvalued right now?
Seychelle Environmental Technologies (SYEV) has a current Inventory Turnover of 0.47. The current Inventory Turnover is 0.47. 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 Seychelle Environmental Technologies (SYEV), the current Inventory Turnover is 0.47 as of Feb. 2020. 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.

Seychelle Environmental Technologies Business Description

Address 22 Journey, Aliso Viejo, CA, USA, 92656
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.