Applied Optoelectronics (Applied Optoelectronics) Total Inventories : $63.9 Mil (As of Dec. 2023)

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What is Applied Optoelectronics Total Inventories?

Applied Optoelectronics's total inventories for the quarter that ended in Dec. 2023 was $63.9 Mil. Applied Optoelectronics's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $65.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Applied Optoelectronics's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Applied Optoelectronics's Days Inventory for the three months ended in Dec. 2023 was 154.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Applied Optoelectronics's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.59.

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 Optoelectronics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.09.

Applied Optoelectronics Total Inventories Historical Data

The historical data trend for Applied Optoelectronics'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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Applied Optoelectronics Total Inventories Chart

Applied Optoelectronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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85.03

110.40

92.52

79.68

63.87

Applied Optoelectronics 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															79.68	70.19	66.32	67.53	63.87

Applied Optoelectronics 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.

Applied Optoelectronics (NAS:AAOI) 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.

Applied Optoelectronics'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)
=	(45.366	+	0.75 * 48.071	+	0.5 * 63.866	-	174.317
-	0	-	0)	/	38.148
=	-1.60

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

Applied Optoelectronics'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
	=	65.6995	/	38.849	*	365 / 4
	=	154.32

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

Applied Optoelectronics'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 )
	=	38.849	/	65.6995
	=	0.59

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.

Applied Optoelectronics'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 )
	=	65.6995	/	60.453
	=	1.09

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.

Applied Optoelectronics Total Inventories Related Terms

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Applied Optoelectronics (Applied Optoelectronics) Business Description

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Traded in Other Exchanges

A59:Germany A59:Germany

Address

13139 Jess Pirtle Boulevard, Sugar Land, TX, USA, 77478

Website

https://www.ao-inc.com

Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance.

Executives

Stefan J. Murry	officer: Chief Strategy Officer	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Shu-hua (joshua) Yeh	officer: ** See below	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Chih-hsiang (thompson) Lin	director, officer: Pres. and CEO	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
William H Yeh	director	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
David C Kuo	officer: General Counsel and Secretary	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Hung-lun (fred) Chang	officer: See Remarks Below **	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Cynthia Delaney	director	13139 JESS PIRTLE BLVD, SUGAR LAND TX 77478
Chewei Lin	director	13115 JESS PIRTIE BLVD, SUGAR LAND TX 77478
Elizabeth G Loboa	director	13139 JESS PIRTLE BLVD, SUGAR LAND TX 77478
Richard B Black	director
Alan D Moore	director	12231 CROSS CREEK, DALLAS TX 75243
Min-chu (mike) Chen	director	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Klaus Alexander Anselm	officer: VP of Semiconductor Products	13115 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Chung-yao (ford) Li	officer: Sr. VP, Asia General Manager	13115 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Alex Ignatiev	director	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478