WCRS (Western Capital Resources) Inventory Turnover: 1.40 (As of Mar. 2022)


WCRS Western Capital Resources Inc WCRS
12 GF Score
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What is Western Capital Resources Inventory Turnover?

Western Capital Resources WCRS 12 Inventory Turnover is 1.40 as of Mar. 2022. GuruFocus rates WCRS with a GF Score™ of 12/100.

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. Western Capital Resources's Cost of Goods Sold for the three months ended in Mar. 2022 was $21.3 Mil. Western Capital Resources's Average Total Inventories for the quarter that ended in Mar. 2022 was $15.2 Mil. Western Capital Resources's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Western Capital Resources's Days Inventory for the three months ended in Mar. 2022 was 65.23.

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. Western Capital Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.33.

Western Capital Resources  (OTCPK:WCRS) 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.

Western Capital Resources's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=15.2235/21.296*365 / 4
=65.23

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.

Western Capital Resources's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=15.2235 / 46.453
=0.33

* 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.

Western Capital Resources Inventory Turnover Related Terms

Western Capital Resources Inventory Turnover Historical Data

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The historical data trend for Western Capital Resources'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.

Western Capital Resources Inventory Turnover Chart

Western Capital Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 5.55 6.07 7.06 6.23

Western Capital Resources Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.61 1.51 1.24 1.29 1.40
WCRS
12GF Score
Western Capital Resources Inc WCRS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Capital Resources Inventory Turnover Calculation

Western Capital Resources's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=79.944 / ((11.739 + 13.916) / 2 )
=79.944 / 12.8275
=6.23

Western Capital Resources's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover (Q: Mar. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count )
=21.296 / ((13.916 + 16.531) / 2 )
=21.296 / 15.2235
=1.40

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.40 mean?
Western Capital Resources (WCRS) has a Inventory Turnover of 1.40 as of Mar. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Western Capital Resources and its competitors.
Is Western Capital Resources' Inventory Turnover too high?
Western Capital Resources' current Inventory Turnover is 1.40. Overall, Western Capital Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Western Capital Resources' Inventory Turnover compare to POL and TLF?
Western Capital Resources' Inventory Turnover of 1.40 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Western Capital Resources and its competitors. Western Capital Resources's current Inventory Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Capital Resources stock overvalued right now?
Western Capital Resources (WCRS) has a current Inventory Turnover of 1.40. The current Inventory Turnover is 1.40. Western Capital Resources' overall GF Score™ is 12/100. 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 Western Capital Resources (WCRS), the current Inventory Turnover is 1.40 as of Mar. 2022. 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.

Western Capital Resources Business Description

Address 11550 I Street, Suite 150, Omaha, NE, USA, 68137
Western Capital Resources Inc is a direct marketer of roses, plants, seeds, holiday gifts, and home restoration products. It operates thorough Cellular Retail, Direct to Consumer and Consumer Finance segments. The Cellular Retail segment, which is the key revenue driver, comprises an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers. The Direct to Consumer segment consists of online and direct marketing retailers. The Consumer Finance segment consists of retail financial services. All the business activity functions through Canada.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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