GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Arlo Technologies Inc (NYSE:ARLO) » Definitions » Inventory Turnover

Arlo Technologies (Arlo Technologies) Inventory Turnover : 1.91 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Arlo 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. Arlo Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $87.7 Mil. Arlo Technologies's Average Total Inventories for the quarter that ended in Dec. 2023 was $46.0 Mil. Arlo Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arlo Technologies's Days Inventory for the three months ended in Dec. 2023 was 47.79.

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. Arlo Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.34.


Arlo Technologies Inventory Turnover Historical Data

The historical data trend for Arlo 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.

Arlo Technologies Inventory Turnover Chart

Arlo Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 3.46 4.53 6.35 8.34 7.62

Arlo Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.45 1.75 1.85 1.87 1.91

Arlo Technologies Inventory Turnover Calculation

Arlo Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=323.613 / ((46.554 + 38.408) / 2 )
=323.613 / 42.481
=7.62

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

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=87.744 / ((53.496 + 38.408) / 2 )
=87.744 / 45.952
=1.91

* 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.


Arlo Technologies  (NYSE:ARLO) 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.

Arlo 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
=45.952/87.744*365 / 4
=47.79

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.

Arlo 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 )
=45.952 / 135.093
=0.34

* 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.


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.


Arlo Technologies Inventory Turnover Related Terms

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


Arlo Technologies (Arlo Technologies) Business Description

Traded in Other Exchanges
Address
2200 Faraday Avenue, Suite 150, Carlsbad, CA, USA, 92008
Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. Its product portfolio comprises Arlo Security Camera, Arlo Q and Arlo Q Plus, Arlo Pro, Arlo Baby, Arlo Audio Doorbell and Arlo Chime, and Arlo Security Light. The company conducts its business and earn revenue across geographic regions: United States; Spain, Ireland and Other countries. Geographically the company receives maximum revenue from the United States.
Executives
Matthew Blake Mcrae director, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Grady Summers director 1440 MCCARTHY BLVD, MILPITAS CA 95035
Brian Busse officer: See Remarks 2200 FARADAY AVE., SUITE 150, CARLSBAD CA 92008
Amy M Rothstein director 704 228TH AVE NE, SAMMAMISH WA 98047
Ralph E Faison director 12220 WORLD TRADE DRIVE, SAN DIEGO CA 92128
Kurtis Joseph Binder officer: Chief Financial Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Prashant Aggarwal director C/O ARLO TECHNOLOGIES, INC., 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Gordon Mattingly officer: Chief Financial Officer C/O ARLO TECHNOLOGIES, INC., 3030 ORCHARD PARKWAY, SAN JOSE CA 95134
Miller Joycelyn Carter director 711 HIGH STREET, DES MOINES IA 50392-0300
Catriona M. Fallon director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Michael W Pope director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Christine Marie Gorjanc officer: Chief Financial Officer 4500 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Patrick Cs Lo director
Collins Patrick J Iii officer: See Remarks 350 E. PLUMERIA, SAN JOSE CA 95134
Netgear, Inc 10 percent owner 350 EAST PLUMERIA DRIVE, SAN JOSE CA 95134