ACM Research's total inventories for the quarter that ended in Dec. 2023 was $545.4 Mil. ACM Research's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $526.4 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ACM Research's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.75.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ACM Research's Days Inventory for the
three
months ended in Dec. 2023 was 526.44.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ACM Research's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.17.
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.
ACM Research's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.09.
ACM Research Total Inventories Historical Data
The historical data trend for ACM Research'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.
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.
ACM Research (NAS:ACMR) 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.
ACM Research's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is
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.
ACM Research's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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
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.
ACM Research Total Inventories Related Terms
Thank you for viewing the detailed overview of ACM Research's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
ACM Research Inc is an us-based company. It is engaged in developing, manufacturing, and selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at process nodes.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ACMR has been successfully added to your 