Axcelis Technologies (Axcelis Technologies) Total Inventories : $306 Mil (As of Dec. 2023)

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What is Axcelis Technologies Total Inventories?

Axcelis Technologies's total inventories for the quarter that ended in Dec. 2023 was $306 Mil. Axcelis Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $309 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Axcelis Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $12.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axcelis Technologies's Days Inventory for the three months ended in Dec. 2023 was 163.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Axcelis Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.56.

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. Axcelis Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.

Axcelis Technologies Total Inventories Historical Data

The historical data trend for Axcelis Technologies's Total Inventories 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.

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Axcelis Technologies Total Inventories Chart

Axcelis Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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140.36

161.08

194.98

242.41

306.48

Axcelis Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															242.41	262.05	299.84	312.22	306.48

Axcelis Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Axcelis Technologies (NAS:ACLS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Axcelis Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(506.148	+	0.75 * 217.964	+	0.5 * 306.482	-	417.085
-	0	-	0)	/	32.685
=	12.41

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

Axcelis Technologies's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	309.3525	/	172.392	*	365 / 4
	=	163.75

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

Axcelis Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	172.392	/	309.3525
	=	0.56

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.

Axcelis Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	309.3525	/	310.288
	=	1.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Axcelis Technologies Total Inventories Related Terms

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Axcelis Technologies (Axcelis Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Axcelis Technologies Inc (NAS:ACLS) » Definitions » Total Inventories

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Traded in Other Exchanges

XXA1:Germany XXA1:Germany

Address

108 Cherry Hill Drive, Beverly, MA, USA, 01915

Website

https://www.axcelis.com

Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.

Executives

Joseph P Keithley	director	NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
James Gordon Coogan	officer: EVP and CFO	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Greg Redinbo	officer: EVP Marketing and Applications	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jorge Titinger	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Lynnette C Fallon	officer: Senior VP, HR/Legal	108 CHERRY HILL DRIVE, BEVERLY MA 01915
Russell Low	officer: EVP, Engineering	108 CHERRY HILL DRIVE, BEVERLY MA 01915
Christopher Tatnall	officer: EVP Global Customer Operations	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Douglas A. Lawson	officer: EVP, Corporate Mktg & Strategy	21 VILLAGE VIEW ROAD, WESTFORD MA 01886
Gerald M Blumenstock	officer: EVP, Engineering	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeanne Quirk	director	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Mary G Puma	officer: President and CEO	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Kevin J Brewer	officer: VP, Manufacturing Operations	AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01938
John T Kurtzweil	director	C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Tzu Yin Chiu	director	108 CHERRY HILL DRIVE, BEVERLY MA 01915
Dennis Thomas St	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551