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Turning Point Brands TPB Inventory turnover

Inventory turnover at other companies

Altria Group logo
Altria GroupMO
5.1×-0.1×
Universal Corporation logo
Universal CorporationUVV
8.6×-2.9×
Tootsie Roll Industries logo
Tootsie Roll IndustriesTR
25.9×-3.0×
Ispire Technology Inc. logo
Ispire Technology Inc.ISPR
11.5×-1.4×
Philip Morris International logo
Philip Morris InternationalPM
1.3×0.0×
McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
3.4×-0.1×

Other financials

Income statement

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Revenue$124.3M+16.8%
Gross profit$68.3M+14.6%
Operating income$12.5M-46.2%
Net income$11.7M-19.0%
EPS (diluted)$0.60-24.1%

Balance sheet

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Cash & equivalents$192.4M+93.1%
Total debt$293.9M+0.3%
Total assets$772.1M+36.8%

Cash flow

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Operating cash flow-$22.3M-228%
CapEx$5.1M+135%
Free cash flow-$27.4M-280%

Valuation

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Market cap$1.64B+24.9%
Enterprise value$1.74B+16.5%
P/E25.7×-2.5×
P/S3.4×-0.1×

Profitability

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Gross margin51.4%+2.3pp
Operating margin21.2%+2.5pp
Net margin13.3%+1.7pp
FCF margin0.4%-14.6pp

Returns & leverage

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Return on equity10.9%
Debt / equity2.6×
Current ratio5.9×+1.4×

Where this comes from

Calculated from Turning Point Brands’s reported figures.

Based on trailing twelve months.

The official record: Turning Point Brands’s 10-Q, filed November 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Turning Point Brands's inventory turnover?
Turning Point Brands (TPB) reported inventory turnover of 1.8× in Q3 2024.
How has Turning Point Brands's inventory turnover changed year-over-year?
Turning Point Brands's inventory turnover decreased by 2.1% year-over-year, from 1.8× to 1.8×.
What is the long-term trend for Turning Point Brands's inventory turnover?
Over 3 years (2020 to 2023), Turning Point Brands's inventory turnover has grown at a -10.3% compound annual growth rate (CAGR), from 2.6× to 1.9×.
What does inventory turnover mean?
Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.