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TPB (Turning Point Brands) Inventory Turnover : 0.07 (As of Dec. 2024)


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What is Turning Point Brands 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. Turning Point Brands's Cost of Goods Sold for the three months ended in Dec. 2024 was $7.4 Mil. Turning Point Brands's Average Total Inventories for the quarter that ended in Dec. 2024 was $101.3 Mil. Turning Point Brands's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Turning Point Brands's Days Inventory for the three months ended in Dec. 2024 was 1,256.36.

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. Turning Point Brands's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.05.


Turning Point Brands Inventory Turnover Historical Data

The historical data trend for Turning Point Brands'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.

Turning Point Brands Inventory Turnover Chart

Turning Point Brands Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 2.62 1.38 1.34 1.69

Turning Point Brands Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.13 0.46 0.53 0.50 0.07

Turning Point Brands Inventory Turnover Calculation

Turning Point Brands's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=159.095 / ((91.698 + 96.253) / 2 )
=159.095 / 93.9755
=1.69

Turning Point Brands'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 )
=7.36 / ((106.416 + 96.253) / 2 )
=7.36 / 101.3345
=0.07

* 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.


Turning Point Brands  (NYSE:TPB) 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.

Turning Point Brands'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
=101.3345/7.36*365 / 4
=1,256.36

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.

Turning Point Brands'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 )
=101.3345 / 49.473
=2.05

* 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.


Turning Point Brands Inventory Turnover Related Terms

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Turning Point Brands Business Description

Traded in Other Exchanges
Address
5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as manufacturer, marketer, provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in two segments namely Zig-Zag products and Stoker's products segment. The company generates maximum revenue from the Zig-Zag products segment.
Executives
Baxter Gregory H.a. director C/O SPECIAL DIVERSIFIED OPPORTUNITIES, 1521 CONCORD PIKE, SUITE 301, WILMINGTON DE 19803
Lawrence Wexler director, officer: President and CEO 393 CARTER STREET, NEW CANAAN CT 06840
Stephen Usher director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
David Edward Glazek director, officer: Executive Chairman 767 FIFTH AVENUE 12TH FL, NEW YORK NY 10153
Graham Purdy officer: President & CEO 12442 POPLAR WOOD DRIVE, GOSHEN KY 40026
Brittani Cushman officer: Sr VP, General Counsel 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Luis Reformina officer: Sr VP, CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Rohith Reddy director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Zimmerman Arnold director 925 PARK AVE, 2A, NEW YORK NY 10028
Assia Grazioli-venier director C/O MARQUEE RAINE ACQUISITION CORP., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Ashley Davis Frushone director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Yavor Efremov director 1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK TX 72202
Standard Diversified Inc. 10 percent owner 767 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10153