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Astera Labs (Astera Labs) Change In Inventory : $-5.90 Mil (TTM As of Mar. 2024)


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What is Astera Labs Change In Inventory?

Astera Labs's change in inventory for the quarter that ended in Mar. 2024 was $-5.90 Mil. It means Astera Labs's inventory increased by $5.90 Mil from Dec. 2023 to Mar. 2024 .

Astera Labs's change in inventory for the fiscal year that ended in Dec. 2023 was $-5.56 Mil. It means Astera Labs's inventory increased by $5.56 Mil from Dec. 2022 to Dec. 2023 .

Astera Labs's Total Inventories for the quarter that ended in Mar. 2024 was $29.57 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Astera Labs's Days Inventory for the quarter that ended in Mar. 2024 was 166.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Astera Labs's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

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. Astera Labs's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

Astera Labs Change In Inventory Historical Data

The historical data trend for Astera Labs'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.

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Astera Labs Change In Inventory Chart

Astera Labs Annual Data
Trend Dec22 Dec23
Change In Inventory
-19.36 -5.56

Astera Labs Quarterly Data
Dec22 Mar23 Dec23 Mar24
Change In Inventory - 0.46 - -5.90

Astera Labs 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.90 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.

Astera Labs  (NAS:ALAB) Change In Inventory Explanation

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

Astera Labs's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=26.831/14.738*365 / 4
=166.12

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

Astera Labs's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=14.738 / 26.831
=0.55

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.

Astera Labs's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=26.831 / 65.258
=0.41

* 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.

Astera Labs Change In Inventory Related Terms

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Astera Labs (Astera Labs) Business Description

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2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Website
https://www.asteralabs.com
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

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