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Telos (TLS) Inventory Turnover : 12.93 (As of Mar. 2024)


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What is Telos 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. Telos's Cost of Goods Sold for the three months ended in Mar. 2024 was $18.7 Mil. Telos's Average Total Inventories for the quarter that ended in Mar. 2024 was $1.4 Mil. Telos's Inventory Turnover for the quarter that ended in Mar. 2024 was 12.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telos's Days Inventory for the three months ended in Mar. 2024 was 7.05.

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. Telos's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


Telos Inventory Turnover Historical Data

The historical data trend for Telos'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.

* Premium members only.

Telos Inventory Turnover Chart

Telos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.64 44.54 68.63 66.85 43.02

Telos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.65 12.10 16.85 22.44 12.93

Telos Inventory Turnover Calculation

Telos'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 )
=92.436 / ((2.877 + 1.42) / 2 )
=92.436 / 2.1485
=43.02

Telos's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=18.658 / ((1.42 + 1.465) / 2 )
=18.658 / 1.4425
=12.93

* 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.


Telos  (NAS:TLS) 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.

Telos's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1.4425/18.658*365 / 4
=7.05

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.

Telos's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1.4425 / 29.619
=0.05

* 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.


Telos Inventory Turnover Related Terms

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Telos (TLS) Business Description

Traded in Other Exchanges
N/A
Address
19886 Ashburn Road, Ashburn, VA, USA, 20147-2358
Telos Corp offers technologically advanced, software-based security solutions that empower and protect the world's security-conscious organizations against rapidly evolving, sophisticated and pervasive threats. Its business has two reportable and operating segments namely Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud, and identity solutions, and the Secure Networks focuses on enterprise security.
Executives
Bradley W. Jacobs director C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
John B Wood director, officer: Chairman and CEO C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
Mark D Griffin officer: President, Telos ID 836 HAWKS RUN CT SE, LEESBURG VA 20175
Fredrick Schaufeld director 19886 ASHBURN ROAD, ASHBURN VA 20147
Bernard C Bailey director
David Borland director 12113 FORT CRAIG DRIVE, LAKE RIDGE VA 22192
Bonnie Lynn Carroll director 19886 ASHBURN ROAD, ASHBURN VA 20147
Victoria A. Harding officer: Controller, Chief Acct Officer C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
Robbins Edward Hutchinson Jr. officer: EVP, General Counsel C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
John W Maluda director 612 OLD WELAKA ROAD, WELAKA FL 32193
Fagan Kenneth F Jr. officer: VP, Secure Communications 3420 HIDDEN MEADOW DRIVE, FAIRFAX VA 22033
Emmett J. Wood officer: EVP, Marketing & Strategy C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
Rinaldi D Pisani officer: SVP, Sales & Alliance C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
Richard P Tracy officer: VP, CSO C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147
Derrick D. Dockery director C/O TELOS CORPORATION, 19886 ASHBURN ROAD, ASHBURN VA 20147