TIKK (Tel Instrument Electronics) Inventory Turnover: 0.52 (As of Dec. 2024)

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TIKK Tel Instrument Electronics Corp TIKK
65 GF Score
Price $1.50
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What is Tel Instrument Electronics Inventory Turnover?

Tel Instrument Electronics TIKK +15.38% 65 Inventory Turnover is 0.52 as of Dec. 2024. GuruFocus rates TIKK with a GF Score™ of 65/100.

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. Tel Instrument Electronics's Cost of Goods Sold for the three months ended in Dec. 2024 was $2.34 Mil. Tel Instrument Electronics's Average Total Inventories for the quarter that ended in Dec. 2024 was $4.50 Mil. Tel Instrument Electronics's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tel Instrument Electronics's Days Inventory for the three months ended in Dec. 2024 was 175.59.

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. Tel Instrument Electronics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.51.

Tel Instrument Electronics  (OTCPK:TIKK) 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.

Tel Instrument Electronics'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
=4.499/2.338*365 / 4
=175.59

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.

Tel Instrument Electronics'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 )
=4.499 / 2.972
=1.51

* 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.

Tel Instrument Electronics Inventory Turnover Related Terms

Tel Instrument Electronics Inventory Turnover Historical Data

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The historical data trend for Tel Instrument Electronics'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.

Tel Instrument Electronics Inventory Turnover Chart

Tel Instrument Electronics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 2.29 1.74 1.07 1.55

Tel Instrument Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.12 0.39 0.31 0.52 0.32
TIKK
65GF Score
Tel Instrument Electronics Corp TIKK
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tel Instrument Electronics Inventory Turnover Calculation

Tel Instrument Electronics's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=4.792 / ((3.586 + 5.412) / 2 )
=4.792 / 4.499
=1.07

Tel Instrument Electronics'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 )
=2.338 / ((4.99 + 4.008) / 2 )
=2.338 / 4.499
=0.52

* 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 0.52 mean?
Tel Instrument Electronics (TIKK) has a Inventory Turnover of 0.52 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tel Instrument Electronics and its competitors.
Is Tel Instrument Electronics' Inventory Turnover too high?
Tel Instrument Electronics' current Inventory Turnover is 0.52. Overall, Tel Instrument Electronics has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tel Instrument Electronics' Inventory Turnover compare to BLIS and HWKE?
Tel Instrument Electronics' Inventory Turnover of 0.52 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Tel Instrument Electronics and its competitors. Tel Instrument Electronics's current Inventory Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Instrument Electronics stock overvalued right now?
Tel Instrument Electronics (TIKK) has a current Inventory Turnover of 0.52. The current Inventory Turnover is 0.52. Tel Instrument Electronics' overall GF Score™ is 65/100. 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 Tel Instrument Electronics (TIKK), the current Inventory Turnover is 0.52 as of Dec. 2024. 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.

Tel Instrument Electronics Business Description

Address One Branca Road, East Rutherford, NJ, USA, 07073
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures, and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The Avionics government segment, which derives key revenue, consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. Geographically, the company generates a majority of its revenue from the United States and the rest from international markets.
65GF Score

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

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