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

What is Vicon Industries Inventory Turnover?

Vicon Industries VCON Inventory Turnover is 0.71 as of Sep. 2018.

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 (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

* 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.

Vicon Industries Inventory Turnover Related Terms

Vicon Industries Inventory Turnover Historical Data

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The historical data trend for Vicon Industries's Inventory Turnover can be seen below:

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

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.71 mean?

Vicon Industries (VCON) has a Inventory Turnover of 0.71 as of Sep. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vicon Industries and its competitors.

Is Vicon Industries' Inventory Turnover too high?

Vicon Industries' current Inventory Turnover is 0.71.

How does Vicon Industries' Inventory Turnover compare to DIRV and GWSN?

Vicon Industries' Inventory Turnover of 0.71 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Business Services company?

A good Inventory Turnover depends on the Business Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vicon Industries and its competitors. Vicon Industries's current Inventory Turnover is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Vicon Industries stock overvalued right now?

Vicon Industries (VCON) has a current Inventory Turnover of 0.71. The current Inventory Turnover is 0.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Vicon Industries (VCON), the current Inventory Turnover is 0.71 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vicon Industries Business Description

Industry Industrials Business Services

Comparable Companies DIRV BOM:531370 GWSN BOM:517393 XSAT:SAFE BOM:531404 XSAT:VSEC BOM:509015 UUU TSXV:PTE WAR:MMA BOM:536672 HCGS LSE:PHSC ASX:MSG BOM:541945 DTII XSAT:CSEC ASX:KKL WAR:GWR

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.