WELX (Winland Holdings) Inventory Turnover: 1.82 (As of Jun. 2017)

What is Winland Holdings Inventory Turnover?

Winland Holdings WELX Inventory Turnover is 1.82 as of Jun. 2017.

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. Winland Holdings's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.56 Mil. Winland Holdings's Average Total Inventories for the quarter that ended in Jun. 2017 was $0.31 Mil. Winland Holdings's Inventory Turnover for the quarter that ended in Jun. 2017 was 1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Winland Holdings's Days Inventory for the three months ended in Jun. 2017 was 50.12.

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. Winland Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.34.

Winland Holdings (OTCPK:WELX) 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.

Winland Holdings's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2017 )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
	=	0.3065	/	0.558	*	365 / 4
	=	50.12

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.

Winland Holdings's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	0.3065	/	0.913
	=	0.34

* 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.

Winland Holdings Inventory Turnover Related Terms

Winland Holdings Inventory Turnover Historical Data

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The historical data trend for Winland Holdings's Inventory Turnover can be seen below:

Winland Holdings Inventory Turnover Chart

Winland Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

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3.61

4.39

8.32

6.90

7.54

Winland Holdings Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Inventory Turnover	Get a 7-Day Free Trial															1.55	1.92	2.75	2.54	1.82

Winland Holdings Inventory Turnover Calculation

Winland Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	2.393	/ (	(0.449	+	0.186)	/	2 )
=	2.393	/	0.3175
=	7.54

Winland Holdings's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

	Inventory Turnover (Q: Jun. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2017 )	/ (	(Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )
=	0.558	/ (	(0.298	+	0.315)	/	2 )
=	0.558	/	0.3065
=	1.82

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.82 mean?

Winland Holdings (WELX) has a Inventory Turnover of 1.82 as of Jun. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Winland Holdings and its competitors.

Is Winland Holdings' Inventory Turnover too high?

Winland Holdings' current Inventory Turnover is 1.82.

How does Winland Holdings' Inventory Turnover compare to TRCK and IMLE?

Winland Holdings' Inventory Turnover of 1.82 can be compared against companies in the Hardware 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 Hardware company?

A good Inventory Turnover depends on the Hardware 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 Winland Holdings and its competitors. Winland Holdings's current Inventory Turnover is 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Winland Holdings stock overvalued right now?

Winland Holdings (WELX) has a current Inventory Turnover of 1.82. The current Inventory Turnover is 1.82. 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 Winland Holdings (WELX), the current Inventory Turnover is 1.82 as of Jun. 2017. 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.

Winland Holdings Business Description

Industry Technology Hardware

Comparable Companies NGM:RAYTL TSX:XCT LSE:MSYS TRCK XTER:N2F ASX:DVL XPAR:ALM TSXV:JTC IMLE EMRN XKRX:183410 HKSE:08218 XPAR:ALTRA MIC:LVHK BOM:541151 LSE:STAR XSAT:ACOS CRGS XCNQ:DVR ROCO:3674

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001

Website https://www.winland.com

Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.