Thermwood (Thermwood) Inventory Turnover : 0.76 (As of Jul. 2001)

View and export this data going back to 2001. Start your Free Trial

What is Thermwood 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. Thermwood's Cost of Goods Sold for the three months ended in Jul. 2001 was $4.45 Mil. Thermwood's Average Total Inventories for the quarter that ended in Jul. 2001 was $5.87 Mil. Thermwood's Inventory Turnover for the quarter that ended in Jul. 2001 was 0.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thermwood's Days Inventory for the three months ended in Jul. 2001 was 120.49.

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. Thermwood's Inventory-to-Revenue for the quarter that ended in Jul. 2001 was 1.02.

Thermwood Inventory Turnover Historical Data

The historical data trend for Thermwood'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.

* Premium members only.

Thermwood Inventory Turnover Chart

Thermwood Annual Data

Trend

Jul92

Jul93

Jul94

Jul95

Jul96

Jul97

Jul98

Jul99

Jul00

Jul01

Inventory Turnover

Get a 7-Day Free Trial

2.68

2.52

2.53

2.66

2.42

Thermwood Quarterly Data
	Oct96	Jan97	Apr97	Jul97	Oct97	Jan98	Apr98	Jul98	Oct98	Jan99	Apr99	Jul99	Oct99	Jan00	Apr00	Jul00	Oct00	Jan01	Apr01	Jul01
Inventory Turnover	Get a 7-Day Free Trial															0.68	0.55	0.60	0.49	0.76

Thermwood Inventory Turnover Calculation

Thermwood's Inventory Turnover for the fiscal year that ended in Jul. 2001 is calculated as

	Inventory Turnover (A: Jul. 2001 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2001 )	/ (	(Total Inventories (A: Jul. 2000 )	+	Total Inventories (A: Jul. 2001 ))	/	count )
=	14.65	/ (	(6.592	+	5.494)	/	2 )
=	14.65	/	6.043
=	2.42

Thermwood's Inventory Turnover for the quarter that ended in Jul. 2001 is calculated as

	Inventory Turnover (Q: Jul. 2001 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jul. 2001 )	/ (	(Total Inventories (Q: Apr. 2001 )	+	Total Inventories (Q: Jul. 2001 ))	/	count )
=	4.445	/ (	(6.245	+	5.494)	/	2 )
=	4.445	/	5.8695
=	0.76

Thermwood (OTCPK:TOOD) 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.

Thermwood's Days Inventory for the three months ended in Jul. 2001 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2001 )	/	Cost of Goods Sold (Q: Jul. 2001 )	*	Days in Period
	=	5.8695	/	4.445	*	365 / 4
	=	120.49

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.

Thermwood's Inventory to Revenue for the quarter that ended in Jul. 2001 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2001 )	/	Revenue (Q: Jul. 2001 )
	=	5.8695	/	5.741
	=	1.02

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.

Thermwood Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Thermwood's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Thermwood (Thermwood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermwood Corp (OTCPK:TOOD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057

Website

http://www.thermwood.com

Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.

Thermwood (Thermwood) Headlines

No Headlines