Akoustis Technologies (FRA:AVH) Change In Inventory : €2.28 Mil (TTM As of Mar. 2024)

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What is Akoustis Technologies Change In Inventory?

Akoustis Technologies's change in inventory for the quarter that ended in Mar. 2024 was €0.34 Mil. It means Akoustis Technologies's inventory declined by €0.34 Mil from Dec. 2023 to Mar. 2024 .

Akoustis Technologies's change in inventory for the fiscal year that ended in Jun. 2023 was €-3.19 Mil. It means Akoustis Technologies's inventory increased by €3.19 Mil from Jun. 2022 to Jun. 2023 .

Akoustis Technologies's Total Inventories for the quarter that ended in Mar. 2024 was €4.70 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akoustis Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 67.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Akoustis Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.36.

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. Akoustis Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.

Akoustis Technologies Change In Inventory Historical Data

The historical data trend for Akoustis Technologies'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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Akoustis Technologies Change In Inventory Chart

Akoustis Technologies Annual Data

Trend

Jul14

Jun15

Mar16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

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-0.03

-0.04

-1.04

-2.37

-3.19

Akoustis Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-1.64	0.01	1.28	0.65	0.34

Akoustis Technologies 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 €2.28 Mil.

Akoustis Technologies (FRA:AVH) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.8585	/	6.588	*	365 / 4
	=	67.29

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.588	/	4.8585
	=	1.36

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.8585	/	6.909
	=	0.70

Akoustis Technologies Change In Inventory Related Terms

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Akoustis Technologies (FRA:AVH) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Akoustis Technologies Inc (FRA:AVH) » Definitions » Change In Inventory

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AKTS:USA AVH:Germany

Address

9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078

Website

https://www.akoustis.com

Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.

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