Vicon Industries (Vicon Industries) Inventory Turnover : 0.71 (As of Sep. 2018)

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What is Vicon Industries 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. Vicon Industries's Cost of Goods Sold for the three months ended in Sep. 2018 was $3.85 Mil. Vicon Industries's Average Total Inventories for the quarter that ended in Sep. 2018 was $5.41 Mil. Vicon Industries's Inventory Turnover for the quarter that ended in Sep. 2018 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vicon Industries's Days Inventory for the three months ended in Sep. 2018 was 128.14.

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. Vicon Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.83.

Vicon Industries Inventory Turnover Historical Data

The historical data trend for Vicon Industries'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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Vicon Industries Inventory Turnover Chart

Vicon Industries Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Inventory Turnover

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2.66

3.12

2.87

2.44

2.79

Vicon Industries Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Inventory Turnover	Get a 7-Day Free Trial															0.62	0.73	0.71	0.64	0.71

Vicon Industries Inventory Turnover Calculation

Vicon Industries's Inventory Turnover for the fiscal year that ended in Sep. 2018 is calculated as

	Inventory Turnover (A: Sep. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2018 )	/ (	(Total Inventories (A: Sep. 2017 )	+	Total Inventories (A: Sep. 2018 ))	/	count )
=	16.529	/ (	(6.55	+	5.318)	/	2 )
=	16.529	/	5.934
=	2.79

Vicon Industries's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

	Inventory Turnover (Q: Sep. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2018 )	/ (	(Total Inventories (Q: Jun. 2018 )	+	Total Inventories (Q: Sep. 2018 ))	/	count )
=	3.851	/ (	(5.498	+	5.318)	/	2 )
=	3.851	/	5.408
=	0.71

Vicon Industries (OTCPK:VCON) 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.

Vicon Industries's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2018 )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
	=	5.408	/	3.851	*	365 / 4
	=	128.14

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.

Vicon Industries's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2018 )	/	Revenue (Q: Sep. 2018 )
	=	5.408	/	6.496
	=	0.83

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.

Vicon Industries Inventory Turnover Related Terms

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Vicon Industries (Vicon Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vicon Industries Inc (OTCPK:VCON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 Fell Court, Hauppauge, NY, USA, 11788

Website

http://www.vicon-security.com

Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.

Executives

Saagar Govil	director, 10 percent owner, officer: CEO, other: See Explanation of Response	19 ENGINEERS LANE, FARMINGDALE NY 11735
Arun Govil	director, 10 percent owner, other: See Explanation of Response	19 ENGINEERS LANE, FARMINGDALE NY 11735
Anita G Zucker	10 percent owner	4838 JENKINS AVE, N CHARLESTON SC 29405
Gioia Messinger	director	VICON INDUSTRIES, INC., 135 FELL COURT, HAUPPAUGE NY 11788
David W Wright	director

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