Savaria (TSX:SIS) Inventory Turnover : 0.89 (As of Sep. 2024)

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What is Savaria 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. Savaria's Cost of Goods Sold for the three months ended in Sep. 2024 was C$134.5 Mil. Savaria's Average Total Inventories for the quarter that ended in Sep. 2024 was C$150.6 Mil. Savaria's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Savaria's Days Inventory for the three months ended in Sep. 2024 was 102.19.

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. Savaria's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.71.

Savaria Inventory Turnover Historical Data

The historical data trend for Savaria'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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Savaria Inventory Turnover Chart

Savaria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.50

3.15

4.37

3.92

3.82

Savaria 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															0.88	0.95	0.92	0.93	0.89

Savaria Inventory Turnover Calculation

Savaria'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 )
=	550.934	/ (	(144.261	+	143.859)	/	2 )
=	550.934	/	144.06
=	3.82

Savaria'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 )
=	134.514	/ (	(148.707	+	152.573)	/	2 )
=	134.514	/	150.64
=	0.89

Savaria (TSX:SIS) 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.

Savaria'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
	=	150.64	/	134.514	*	365 / 4
	=	102.19

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.

Savaria'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 )
	=	150.64	/	213.634
	=	0.71

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.

Savaria Inventory Turnover Related Terms

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Savaria Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Savaria Corp (TSX:SIS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SISXF:USA S97:Germany S97:Germany

Address

4350 Highway 13, Laval, QC, CAN, H7R 6E9

Website

https://www.savaria.com

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company's operating segments are Accessibility, Patient Care, and Adapted Vehicles. The Accessibility segment deals with manufacturing, designing, installing, and distributing elevators, platform lifts, and stairlifts for people with mobility challenges. The Adapted Vehicle segment adapts vans to be wheelchair accessible for people with mobility challenges. The Patient Care segment includes the manufacturing and distribution of a comprehensive line of therapeutic support surfaces and other pressure management products for the medical market.

Executives

Jean-philippe De Montigny	Senior Officer
Sylvain Aubry	Senior Officer
Marcel Bourassa	Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Sebastien Bourassa	Director, Senior Officer
Alexandre Bourassa	Senior Officer
Jean-louis Chapdelaine	Director
Peter Allen Drutz	Director
Caroline Berube	Director
Sylvain Dumoulin	Director
Alain Tremblay	Director
Mauro Ferrara	Senior Officer
Jean-marie Bourassa	Director
Vince Sciamanna	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Savaria Headlines

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