Alpha Pro Tech (Alpha Pro Tech) Inventory Turnover : 0.39 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Alpha Pro Tech 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. Alpha Pro Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.07 Mil. Alpha Pro Tech's Average Total Inventories for the quarter that ended in Mar. 2024 was $20.45 Mil. Alpha Pro Tech's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alpha Pro Tech's Days Inventory for the three months ended in Mar. 2024 was 231.38.

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. Alpha Pro Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.52.

Alpha Pro Tech Inventory Turnover Historical Data

The historical data trend for Alpha Pro Tech'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.

Alpha Pro Tech Inventory Turnover Chart

Alpha Pro Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.80

3.72

2.08

1.63

1.72

Alpha Pro Tech 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															0.36	0.43	0.46	0.46	0.39

Alpha Pro Tech Inventory Turnover Calculation

Alpha Pro Tech'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 )
=	38.403	/ (	(24.397	+	20.131)	/	2 )
=	38.403	/	22.264
=	1.72

Alpha Pro Tech'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 )
=	8.065	/ (	(20.131	+	20.769)	/	2 )
=	8.065	/	20.45
=	0.39

Alpha Pro Tech (AMEX:APT) 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.

Alpha Pro Tech'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
	=	20.45	/	8.065	*	365 / 4
	=	231.38

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.

Alpha Pro Tech'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 )
	=	20.45	/	13.482
	=	1.52

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.

Alpha Pro Tech Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Alpha Pro Tech's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Alpha Pro Tech (Alpha Pro Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Alpha Pro Tech Ltd (AMEX:APT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

APL:Germany

Address

60 Centurian Drive, Suite 112, Markham, ON, CAN, L3R 9R2

Website

https://www.alphaprotech.com

Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply and Disposable Protective Apparel. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.

Executives

James Buchan	director	60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R9R2
Benjamin A Shaw	director	160 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R 9R2
John Ritota	director	C/O ALPHA PRO TECH LTD, 60 CENTURIAN DR STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2
David R Garcia	director	60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R9R2
Charles D Montgomery	officer: Sr. V.P. Engineered Products	60 CENTURIAN DRIVE SUITE#112, MARKHAM A6 L3R 9R2
Russell Manock	director	C/O ALPHA PRO TECH LTD, 60 CENTURIAN DR, MARKHAM CANADA A6 9999999999
Lloyd Hoffman	officer: CFO and Sr VP Finance and Admi	C/O ALPHA PRO TECH LTD, 60 CENTURIAN DRIVE STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2
Mcdonald Colleen J	officer: CFO	60 CENTURIAN DRIVE SUITE 112, MARKHAM A6 L3R 9R2
Donna Millar	director	60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R 9R2
David B Anderson	director	60 CENTURIAN DRIVE SUITE # 112, MARKHAM A6 L3R 9R2
Al Millar	director, officer: President	C/O ALPHA PRO TECH LTD, 60 CENTURIAN DRIVE STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2
Sheldon Hoffman	director, officer: C.E.O.	60 ENTURIAN DRIVE STE 112, C/O ALPHA PRO TECH LTD, MARKHAM ONTAIRO CANADA A6 0000
Donald Bennett	director
Scheerer Michael	officer: Sr VP- Sales & marketing	60 CENTURIAN DRIVE STE 112, C/O ALPHA PRO TECH LTD, MARKHAM ONTARIO CANA A6 0000
Robert Isaly	director