Credo Technology Group Holding (MEX:CRDO) Change In Inventory : MXN-606 Mil (TTM As of Jan. 2025)

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What is Credo Technology Group Holding Change In Inventory?

Credo Technology Group Holding's change in inventory for the quarter that ended in Jan. 2025 was MXN-393 Mil. It means Credo Technology Group Holding's inventory increased by MXN393 Mil from Oct. 2024 to Jan. 2025 .

Credo Technology Group Holding's change in inventory for the fiscal year that ended in Apr. 2024 was MXN269 Mil. It means Credo Technology Group Holding's inventory declined by MXN269 Mil from Apr. 2023 to Apr. 2024 .

Credo Technology Group Holding's Total Inventories for the quarter that ended in Jan. 2025 was MXN1,098 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Credo Technology Group Holding's Days Inventory for the quarter that ended in Jan. 2025 was 82.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Credo Technology Group Holding's Inventory Turnover for the quarter that ended in Jan. 2025 was 1.11.

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. Credo Technology Group Holding's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.33.

Credo Technology Group Holding Change In Inventory Historical Data

The historical data trend for Credo Technology Group Holding'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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Credo Technology Group Holding Change In Inventory Chart

Credo Technology Group Holding Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Apr24

Change In Inventory

31.25

-131.14

-441.32

-438.52

268.97

Credo Technology Group Holding Quarterly Data
	Apr20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Change In Inventory	Get a 7-Day Free Trial													73.81	32.64	-99.53	-145.41	-393.31

Credo Technology Group Holding 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-606 Mil.

Credo Technology Group Holding (MEX:CRDO) Change In Inventory Explanation

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

Credo Technology Group Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	912.751	/	1012.389	*	365 / 4
	=	82.27

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

Credo Technology Group Holding's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1012.389	/	912.751
	=	1.11

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.

Credo Technology Group Holding's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	912.751	/	2784.956
	=	0.33

Credo Technology Group Holding Change In Inventory Related Terms

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Credo Technology Group Holding Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CRDO:USA

Address

Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104

Website

https://www.credosemi.com

Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.