TCCO (Technical Communications) Inventory Turnover: 0.06 (As of Jun. 2023)


TCCO Technical Communications Corp TCCO
12 GF Score
Price $0.00
View Full Analysis

What is Technical Communications Inventory Turnover?

Technical Communications TCCO 12 Inventory Turnover is 0.06 as of Jun. 2023. GuruFocus rates TCCO with a GF Score™ of 12/100.

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. Technical Communications's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.06 Mil. Technical Communications's Average Total Inventories for the quarter that ended in Jun. 2023 was $1.11 Mil. Technical Communications's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Technical Communications's Days Inventory for the three months ended in Jun. 2023 was 1,578.34.

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. Technical Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 31.63.

Technical Communications  (OTCPK:TCCO) 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.

Technical Communications's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=1.107/0.064*365 / 4
=1,578.34

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.

Technical Communications's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=1.107 / 0.035
=31.63

* 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.

Technical Communications Inventory Turnover Related Terms

Technical Communications Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Technical Communications'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.

Technical Communications Inventory Turnover Chart

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 3.04 1.77 1.27 1.22

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.17 0.25 0.15 0.12 0.06
TCCO
12GF Score
Technical Communications Corp TCCO
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technical Communications Inventory Turnover Calculation

Technical Communications's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Inventory Turnover (A: Sep. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2022 ) / ((Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count )
=1.29 / ((1.157 + 0.966) / 2 )
=1.29 / 1.0615
=1.22

Technical Communications's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count )
=0.064 / ((0.973 + 1.241) / 2 )
=0.064 / 1.107
=0.06

* 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 0.06 mean?
Technical Communications (TCCO) has a Inventory Turnover of 0.06 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Technical Communications and its competitors.
Is Technical Communications' Inventory Turnover too high?
Technical Communications' current Inventory Turnover is 0.06. Overall, Technical Communications has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Technical Communications' Inventory Turnover compare to CASSQ and TPTW?
Technical Communications' Inventory Turnover of 0.06 can be compared against companies in the Hardware 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 a Hardware company?
A good Inventory Turnover depends on the Hardware 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 Technical Communications and its competitors. Technical Communications's current Inventory Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Communications stock overvalued right now?
Technical Communications (TCCO) has a current Inventory Turnover of 0.06. The current Inventory Turnover is 0.06. Technical Communications' overall GF Score™ is 12/100. 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 Technical Communications (TCCO), the current Inventory Turnover is 0.06 as of Jun. 2023. 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.

Technical Communications Business Description

Address 100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
12GF Score

Get the complete analysis for TCCO

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price