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Sykes Enterprises (Sykes Enterprises) Inventory Turnover : 0.00 (As of Jun. 2021)


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What is Sykes Enterprises 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. Sykes Enterprises's Cost of Goods Sold for the three months ended in Jun. 2021 was $292 Mil. Sykes Enterprises's Average Total Inventories for the quarter that ended in Jun. 2021 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sykes Enterprises's Days Inventory for the three months ended in Jun. 2021 was 0.00.

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. Sykes Enterprises's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.


Sykes Enterprises Inventory Turnover Historical Data

The historical data trend for Sykes Enterprises'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.

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Sykes Enterprises Inventory Turnover Chart

Sykes Enterprises Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
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Sykes Enterprises Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Sykes Enterprises Inventory Turnover Calculation

Sykes Enterprises's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=1099.593 / ((0 + 0) / 1 )
=1099.593 / 0
=N/A

Sykes Enterprises's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=292.086 / ((0 + 0) / 1 )
=292.086 / 0
=N/A

* 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.


Sykes Enterprises  (NAS:SYKE) 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.

Sykes Enterprises's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=0/292.086*365 / 4
=0.00

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.

Sykes Enterprises's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=0 / 448.885
=0.00

* 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.


Sykes Enterprises Inventory Turnover Related Terms

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Sykes Enterprises (Sykes Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
400 North Ashley Drive, Suite 2800, Tampa, FL, USA, 33602
Sykes Enterprises Inc or Sykes is a provider of multichannel demand generation and global customer engagement services. Their end customers are in communications, financial services, technology, transportation and leisure, healthcare, retail and other industries. Sykes serves its clients through two geographic operating regions which are the Americas & EMEA. In Europe, it also provides fulfillment services, which includes order processing, payment processing, inventory control, product delivery and product returns handling.
Executives
John Chapman officer: EVP & CFO 400 N ASHLEY DRIVE TAMPA FL 33602
James T Holder officer: Executive VP & Secretary 3916 STATE STREET SUITE 300 SANTA BARBARA CA 93105
Lawrence Zingale officer: Executive Vice President 400 N. ASHLEY DRIVE, 2800, TAMPA FL 33602
William J Meurer director
David Pearson officer: Executive Vice President 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Charles E Sykes officer: CEO & President 400 N ASHLEY DRIVE TAMPA FL 33602
W. Mark Watson director 324 S. HYDE PARK AVENUE, STE 350, TAMPA FL 33606
Mark C Bozak director
James S Macleod director 250 E KILBOURN AVE, MILWAUKEE WI 53202
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Lorraine L Lutton director 400 N. ASHLEY DRIVE, SUITE 2800 TAMPA FL 33602
Muir William D Jr director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
William Rocktoff officer: VP & Corporate Controller 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Jenna Nelson officer: Executive Vice President 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602

Sykes Enterprises (Sykes Enterprises) Headlines

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