Telos (TLSRP.PFD) Inventory Turnover : 14.88 (As of Sep. 2024)

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What is Telos 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. Telos's Cost of Goods Sold for the three months ended in Sep. 2024 was $20.64 Mil. Telos's Average Total Inventories for the quarter that ended in Sep. 2024 was $1.39 Mil. Telos's Inventory Turnover for the quarter that ended in Sep. 2024 was 14.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telos's Days Inventory for the three months ended in Sep. 2024 was 6.13.

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. Telos's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.06.

Telos Inventory Turnover Historical Data

The historical data trend for Telos'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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Telos Inventory Turnover Chart

Telos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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33.64

44.54

68.63

66.85

43.02

Telos Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															16.85	22.44	12.93	13.26	14.88

Telos Inventory Turnover Calculation

Telos's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	92.436	/ (	(2.877	+	1.42)	/	2 )
=	92.436	/	2.1485
=	43.02

Telos's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	20.64	/ (	(1.369	+	1.406)	/	2 )
=	20.64	/	1.3875
=	14.88

Telos (OTCPK:TLSRP.PFD) 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.

Telos's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1.3875	/	20.64	*	365 / 4
	=	6.13

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.

Telos's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1.3875	/	23.783
	=	0.06

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.

Telos Inventory Turnover Related Terms

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Telos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Telos Corp (OTCPK:TLSRP.PFD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

TLS:USA

Address

19886 Ashburn Road, Ashburn, VA, USA, 20147-2358

Website

https://www.telos.com

Telos Corp offers technologically forwarded, software-based security solutions that empower and protect the world's security-conscious organizations against rapidly evolving, sophisticated, and pervasive threats. Its business has two reportable and operating segments namely Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud, and identity solutions, and the Secure Networks focuses on enterprise security. The company derives maximum revenue from the Security Solutions segment.

Executives

Joshua Landes	10 percent owner
Antonio J. Gracias	10 percent owner, other: Member of 10% Group	C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604
Wynnefield Small Cap Value Offshore Fund Ltd	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner
Wynnefield Partners Small Cap Value Lp	10 percent owner, other: Member of 10% Group	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
William H Alderman	director	C/O AVIATION SALES CO, 6905 N.W. 25TH ST, MIAMI FL 33122
Channel Partnership Ii L P	10 percent owner	450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123
Timothy G Ewing	10 percent owner, other: (1)
Ewing & Partners	10 percent owner, other: (1)	5646 MILTON STREET, SUITE 880, DALLAS TX 75206
Ewing Asset Management Llc	10 percent owner, other: (1)	5646 MILTON STREET, SUITE 880, DALLAS TX 75206
Bernard C Bailey	director