AeroVironment (AeroVironment) Change In Inventory

: $-50.6 Mil (TTM As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

AeroVironment's change in inventory for the quarter that ended in Jan. 2024 was $17.4 Mil. It means AeroVironment's inventory declined by $17.4 Mil from Oct. 2023 to Jan. 2024 .

AeroVironment's change in inventory for the fiscal year that ended in Apr. 2023 was $-61.8 Mil. It means AeroVironment's inventory increased by $61.8 Mil from Apr. 2022 to Apr. 2023 .

AeroVironment's Total Inventories for the quarter that ended in Jan. 2024 was $161.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AeroVironment's Days Inventory for the quarter that ended in Jan. 2024 was 131.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. AeroVironment's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.70.

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's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.92.

AeroVironment Change In Inventory Historical Data

The historical data trend for AeroVironment's Change In Inventory 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.

AeroVironment Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

-16.63

8.86

-6.36

-29.43

-61.85

AeroVironment Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory																-16.42	-18.74	-40.00	-9.33	17.43

AeroVironment Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50.6 Mil.

AeroVironment (NAS:AVAV) Change In Inventory Explanation

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

AeroVironment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	171.5755	/	119.291	*	365 / 4
	=	131.24

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

AeroVironment's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	119.291	/	171.5755
	=	0.70

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	171.5755	/	186.578
	=	0.92

AeroVironment Change In Inventory Related Terms

Thank you for viewing the detailed overview of AeroVironment's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

AeroVironment (AeroVironment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AeroVironment Inc (NAS:AVAV) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

JPX:Germany JPX:Germany

Address

241 18th Street South, Suite 415, Arlington, VA, USA, 22202

Website

https://www.avinc.com

AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.

Executives

Mary Beth Long	director	309 FRANKLIN STREET, ALEXANDRIA VA 22314
Brian Charles Shackley	officer: Chief Accounting Officer	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Cindy Kay Lewis	director	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Trace E Stevenson	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Brett P Hush	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Jeff E Rodrian	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93063
Phillip S Davidson	director	825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Kevin Patrick Mcdonnell	officer: Chief Financial Officer	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Stephen F Page	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Edward R Muller	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles Thomas Burbage	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles R Holland	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Melissa Ann Brown	officer: VP, Gen. Counsel, Corp. Sec.	800 ROYAL OAKS DRIVE, SUITE 210, MONROVIA CA 91016
Alison Marie Roelke	officer: VP People & Culture	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Timothy E Conver	director, 10 percent owner, officer: President and CEO	900 INNOVATORS WAY, SIMI VALLEY CA 93065