Talon International (Talon International) Inventory Turnover : 13.38 (As of Sep. 2017)

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What is Talon International 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. Talon International's Cost of Goods Sold for the three months ended in Sep. 2017 was $6.32 Mil. Talon International's Average Total Inventories for the quarter that ended in Sep. 2017 was $0.47 Mil. Talon International's Inventory Turnover for the quarter that ended in Sep. 2017 was 13.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talon International's Days Inventory for the three months ended in Sep. 2017 was 6.82.

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. Talon International's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.05.

Talon International Inventory Turnover Historical Data

The historical data trend for Talon International'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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Talon International Inventory Turnover Chart

Talon International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

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33.34

46.34

51.02

55.25

53.04

Talon International Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Inventory Turnover	Get a 7-Day Free Trial															11.41	13.59	12.45	14.72	13.38

Talon International Inventory Turnover Calculation

Talon International's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	30.631	/ (	(0.655	+	0.5)	/	2 )
=	30.631	/	0.5775
=	53.04

Talon International's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

	Inventory Turnover (Q: Sep. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )
=	6.321	/ (	(0.474	+	0.471)	/	2 )
=	6.321	/	0.4725
=	13.38

Talon International (OTCPK:TALN) 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.

Talon International's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2017 )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
	=	0.4725	/	6.321	*	365 / 4
	=	6.82

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.

Talon International's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2017 )	/	Revenue (Q: Sep. 2017 )
	=	0.4725	/	9.789
	=	0.05

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.

Talon International Inventory Turnover Related Terms

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Talon International (Talon International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Talon International Inc (OTCPK:TALN) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367

Website

https://www.taloninternational.com

Talon International Inc and subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The company acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.

Executives

Morris D Weiss	director	1221 YELLOWSTONE, PO BOX 2120, OSBORN ID 83849
Mark Dyne	director, 10 percent owner	C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BLVD, SUITE 520, WOODLAND HILLS CA 91367
Michael Falk	other: See Remarks	830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Robert L Priddy	other: See Remarks	9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael F Snyder	director	VONAGE HOLDINGS CORP 23 MAIN STREET HOLMDEL NJ 07733
William Sweedler	director	C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Raymond Musci	director	C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BOULEVARD SUITE 520, WOODLAND HILLS CA 91367
Sanders Morris Harris Inc/fa	10 percent owner	600 TRAVIS, SUITE 5900, HOUSTON TX 77002

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