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Indie Semiconductor (Indie Semiconductor) Inventory-to-Revenue : 0.68 (As of Mar. 2024)


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What is Indie Semiconductor Inventory-to-Revenue?

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. Indie Semiconductor's Average Total Inventories for the quarter that ended in Mar. 2024 was $35.52 Mil. Indie Semiconductor's Revenue for the three months ended in Mar. 2024 was $52.35 Mil. Indie Semiconductor's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

Indie Semiconductor's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.52) to Dec. 2023 (0.68)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Indie Semiconductor's Days Inventory for the three months ended in Mar. 2024 was 107.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Indie Semiconductor's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.85.


Indie Semiconductor Inventory-to-Revenue Historical Data

The historical data trend for Indie Semiconductor's Inventory-to-Revenue 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.

Indie Semiconductor Inventory-to-Revenue Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.13 0.12 0.10 0.10

Indie Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 0.65 0.77 0.67 0.52 0.68

Competitive Comparison of Indie Semiconductor's Inventory-to-Revenue

For the Semiconductor Equipment & Materials subindustry, Indie Semiconductor's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indie Semiconductor's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Indie Semiconductor's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Indie Semiconductor's Inventory-to-Revenue falls into.



Indie Semiconductor Inventory-to-Revenue Calculation

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.

Indie Semiconductor's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (13.256 + 33.141) / 2 ) / 223.169
=23.1985 / 223.169
=0.10

Indie Semiconductor's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (33.141 + 37.899) / 2 ) / 52.353
=35.52 / 52.353
=0.68

* 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.


Indie Semiconductor  (NAS:INDIW) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Indie Semiconductor's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=35.52/30.089*365 / 4
=107.72

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=30.089 / 35.52
=0.85

* 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.


Indie Semiconductor Inventory-to-Revenue Related Terms

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Indie Semiconductor (Indie Semiconductor) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.

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