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Westell Technologies (Westell Technologies) Inventory Turnover : 1.34 (As of Sep. 2023)


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What is Westell Technologies 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. Westell Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was $13.18 Mil. Westell Technologies's Average Total Inventories for the quarter that ended in Sep. 2023 was $9.81 Mil. Westell Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Westell Technologies's Days Inventory for the six months ended in Sep. 2023 was 135.82.

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. Westell Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.46.


Westell Technologies Inventory Turnover Historical Data

The historical data trend for Westell Technologies'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.

Westell Technologies Inventory Turnover Chart

Westell Technologies Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 3.07 2.65 2.45 3.38

Westell Technologies Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep22 Sep23
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 1.13 1.40 1.57 2.87 1.34

Westell Technologies Inventory Turnover Calculation

Westell Technologies's Inventory Turnover for the fiscal year that ended in Mar. 2021 is calculated as

Inventory Turnover (A: Mar. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2021 ) / ((Total Inventories (A: Mar. 2020 ) + Total Inventories (A: Mar. 2021 )) / count )
=19.875 / ((6.807 + 4.939) / 2 )
=19.875 / 5.873
=3.38

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

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count )
=13.176 / ((0 + 9.806) / 1 )
=13.176 / 9.806
=1.34

* 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.


Westell Technologies  (OTCPK:WSTL) 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.

Westell Technologies's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=9.806/13.176*365 / 2
=135.82

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=9.806 / 21.225
=0.46

* 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.


Westell Technologies Inventory Turnover Related Terms

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Westell Technologies (Westell Technologies) Business Description

Traded in Other Exchanges
N/A
Address
750 North Commons Drive, Aurora, IL, USA, 60504
Westell Technologies Inc is a provider of wireless network infrastructure solutions. It is organized into the following operating segments, In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). IBW segment solutions enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well or at all by the existing macro outdoor cellular network. ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The majority of revenue is derived from the CNS segment Geographically, it derives a majority of revenue from the USA.
Executives
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Mark A Zorko director 9265 FAWN LAKE DR, RALEIGH NC 27617
Penny Robert C Iii director, 10 percent owner 750 NORTH COMMONS DRIVE AURORA IL 60504
Scott C Chandler director 9635 MAROON CIRCLE SUITE 400 ENGLEWOOD CO 80112
Robert W Foskett director, 10 percent owner 750 NORTH COMMONS DRIVE AURORA IL 60504
Kirk R Brannock director 750 NORTH COMMONS DRIVE AURORA IL 60504
Timothy L Duitsman director, officer: President & CEO 750 N COMMONS DR AURORA IL 60504
Jeniffer L Jaynes officer: Interim CFO 750 N COMMONS DRIVE AURORA IL 60504
Jesse Swartwood officer: SVP, Worldwide Sales 750 N. COMMONS DRIVE AURORA IL 60504
Alfred S John officer: President & CEO 750 N COMMONS DRIVE AURORA IL 60504
Thomas P. Minichiello officer: SVP,CFO,Treasurer,Secretary 750 N. COMMONS DRIVE, AURORA IL 60504
Dennis O Harris director 750 NORTH COMMONS DRIVE AURORA IL 60504
Matthew B Brady officer: President & CEO 750 N COMMONS DR, AURORA IL 60504
Michael T Moran officer: SVP, IBW 750 N COMMONS DRIVE AURORA IL 60504
Jeannie Diefenderfer director C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311