GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Applied Micro Circuits Corp (NAS:AMCC) » Definitions » Inventory Turnover

Applied Micro Circuits (Applied Micro Circuits) Inventory Turnover : 1.10 (As of Sep. 2016)


View and export this data going back to 1997. Start your Free Trial

What is Applied Micro Circuits 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. Applied Micro Circuits's Cost of Goods Sold for the three months ended in Sep. 2016 was $14.1 Mil. Applied Micro Circuits's Average Total Inventories for the quarter that ended in Sep. 2016 was $12.9 Mil. Applied Micro Circuits's Inventory Turnover for the quarter that ended in Sep. 2016 was 1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Applied Micro Circuits's Days Inventory for the three months ended in Sep. 2016 was 83.32.

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. Applied Micro Circuits's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.31.


Applied Micro Circuits Inventory Turnover Historical Data

The historical data trend for Applied Micro Circuits'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.

Applied Micro Circuits Inventory Turnover Chart

Applied Micro Circuits Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 4.60 5.35 3.26 3.52

Applied Micro Circuits Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.91 0.94 1.11 1.10

Applied Micro Circuits Inventory Turnover Calculation

Applied Micro Circuits's Inventory Turnover for the fiscal year that ended in Mar. 2016 is calculated as

Inventory Turnover (A: Mar. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2016 ) / ((Total Inventories (A: Mar. 2015 ) + Total Inventories (A: Mar. 2016 )) / count )
=69.739 / ((23.514 + 16.148) / 2 )
=69.739 / 19.831
=3.52

Applied Micro Circuits's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover (Q: Sep. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2016 ) / ((Total Inventories (Q: Jun. 2016 ) + Total Inventories (Q: Sep. 2016 )) / count )
=14.119 / ((12.604 + 13.181) / 2 )
=14.119 / 12.8925
=1.10

* 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.


Applied Micro Circuits  (NAS:AMCC) 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.

Applied Micro Circuits's Days Inventory for the three months ended in Sep. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2016 )/Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=12.8925/14.119*365 / 4
=83.32

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.

Applied Micro Circuits's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2016 ) / Revenue (Q: Sep. 2016 )
=12.8925 / 41.779
=0.31

* 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.


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.


Applied Micro Circuits Inventory Turnover Related Terms

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


Applied Micro Circuits (Applied Micro Circuits) Business Description

Traded in Other Exchanges
N/A
Address
Applied Micro Circuits Corp was incorporated and commenced operations in California in 1979 and was reincorporated in Delaware in 1987. The Company is engaged in providing silicon solutions for next-generation cloud infrastructure and data centers, as well as connectivity products for edge, metro and long haul communications equipment. Its products include the X-Gene ARM 64-bit Server on a Chip solution, or X-Gene. The X-Gene family of products targets existing and emerging hyperscale cloud, scientific and high-performance computing and enterprise applications. It also offers embedded computing products based on Power Architecture, sometimes referred to as PowerPC products. The Company's HeliX family of embedded products is based on the ARM Instruction Set Architecture. The Company's embedded processor products are deployed in applications such as control- and data-plane management, wireless access points, residential gateways, wireless base stations, storage controllers, network attached storage, network switches and routing products, and multi-function printers. The Company's connectivity portion provides high-speed, high-bandwidth, high-reliability communications products. Its connectivity products include devices for Optical Transport Network (OTN) equipment and physical layer (PHY) devices that transmit and receive signals in a very high speed serial format. Its embedded computing products are deployed in applications in markets such as control- and data-plane functionality, wireless access points, residential gateways, wireless base-stations, storage controllers, network attached storage, network switches and routing products, and multi-function printers. The Company holds approximately 348 issued patents which cover aspects of the design and architecture of its integrated circuit ("IC") and enterprise storage products. The Company's registered trademarks include AppliedMicro, AMCC, APM, X-Gene, Server on a Chip, Cloud Server, OTNsec, Arming the Cloud and Hard Silicon, among others. It is subject to a variety of federal, state and local governmental regulations related to the use, storage, discharge and disposal of toxic, volatile or otherwise hazardous chemicals that were used in its manufacturing process.
Executives
Duston Williams director C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Paul R Gray director 63 LA CUESTA ORINDA CA 94563
Martin S Mcdermut officer: Vice President and CFO C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Karen M Rogge officer: Interim CFO APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Shiva Kumar Natarajan officer: VP Corporate Controller 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Hk Desai director 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Mark Wadlington officer: VP Worldwide Sales 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Donald A Colvin director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Julie Sullivan director 6290 SEQUENCE DRIVE SAN DIEGO CA 92121
Hooshmand Kambiz officer: President & CEO 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
David B Wright director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Harvey White director
Johnson Franklin P Jr director
David Rickey director, officer: COB and CEO
Stephen M Smith officer: CFO

Applied Micro Circuits (Applied Micro Circuits) Headlines

From GuruFocus