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AAC Technologies Holdings (AAC Technologies Holdings) Change In Inventory : $0 Mil (TTM As of Dec. 2023)


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What is AAC Technologies Holdings Change In Inventory?

AAC Technologies Holdings's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means AAC Technologies Holdings's inventory stayed the same from Jun. 2023 to Dec. 2023 .

AAC Technologies Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $198 Mil. It means AAC Technologies Holdings's inventory declined by $198 Mil from Dec. 2022 to Dec. 2023 .

AAC Technologies Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $419 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AAC Technologies Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 65.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. AAC Technologies Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.79.

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. AAC Technologies Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

AAC Technologies Holdings Change In Inventory Historical Data

The historical data trend for AAC Technologies Holdings's Change In Inventory 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.

AAC Technologies Holdings Change In Inventory Chart

AAC Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.03 -71.82 -271.23 148.84 198.42

AAC Technologies Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory 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 - - - - -

AAC Technologies Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.

AAC Technologies Holdings  (OTCPK:AACAY) Change In Inventory Explanation

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

AAC Technologies Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=453.594/1266.841*365 / 2
=65.34

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1266.841 / 453.594
=2.79

3. 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.

AAC Technologies Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=453.594 / 1568.601
=0.29

* 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.

AAC Technologies Holdings Change In Inventory Related Terms

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AAC Technologies Holdings (AAC Technologies Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AAC Technologies Holdings Inc (OTCPK:AACAY) » Definitions » Change In Inventory
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HKSE:06869 HKSE:00303 HKSE:02038 HKSE:01523 HKSE:02342 HKSE:08227 HKSE:02000 HKSE:01708 HKSE:01085 HKSE:01202 CSCO SHSE:601138 MSI HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA JNPR
Traded in Other Exchanges
AACAF:USA 02018:Hong Kong A2X:Germany A2X:Germany A2XN:Germany A2XN:Germany
Address
38 Gloucester Road, Unit 1605-7, China Evergrande Centre, Wanchai, Hong Kong, HKG
Website
https://www.aactechnologies.com
AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones, which account for under half of its revenue. Founded in 1993, the company has since then expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical (metal casing), lenses and camera modules, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 27,798 people in December 2022.