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AeroVironment Inc (NAS:AVAV)
Change In Inventory
$-6.6 Mil (As of Jul. 2016)

AeroVironment Inc's change in inventory for the quarter that ended in Jul. 2016 was $-6.6 Mil. It means AeroVironment Inc's inventory declined by $6.6 Mil from Apr. 2016 to Jul. 2016 .

AeroVironment Inc's change in inventory for the fiscal year that ended in Apr. 2016 was $1.9 Mil. It means AeroVironment Inc's inventory increased by $1.9 Mil from Apr. 2015 to Apr. 2016 .

AeroVironment Inc's inventory for the quarter that ended in Jul. 2016 was $44.1 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. AeroVironment Inc's days inventory for the quarter that ended in Jul. 2016 was 126.04.

Inventory can be measured by Days Sales of Inventory (DSI). AeroVironment Inc's days sales of inventory (DSI) for the quarter that ended in Jul. 2016 was 102.78.

Inventory turnover measures how fast the company turns over its inventory within a year. AeroVironment Inc's inventory turnover for the quarter that ended in Jul. 2016 was 0.72.

Inventory to revenue ratio 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. AeroVironment Inc's inventory to revenue ratio for the quarter that ended in Jul. 2016 was 1.13.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AeroVironment Inc's Days Inventory for the quarter that ended in Jul. 2016 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=40.7955/29.535*365 / 4
=126.04

2. Inventory can be measured by Days Sales of Inventory (DSI).

AeroVironment Inc's Days Sales of Inventory for the quarter that ended in Jul. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=40.7955/36.218*365 / 4
=102.78

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

AeroVironment Inc's Inventory Turnover for the quarter that ended in Jul. 2016 is calculated as

4. 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.

AeroVironment Inc's Inventory to Revenue for the quarter that ended in Jul. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=40.7955 / 36.218
=1.13

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AeroVironment Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
ChangeInInventory -2.6-1.94.3-9.3-17.2-5.4-19.011.911.31.9

AeroVironment Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
ChangeInInventory 4.74.3-5.43.09.4-4.5-4.41.98.9-6.6
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