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Interlink Electronics (Interlink Electronics) Inventory Turnover : 0.78 (As of Dec. 2023)


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What is Interlink Electronics Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Interlink Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.09 Mil. Interlink Electronics's Average Total Inventories for the quarter that ended in Dec. 2023 was $2.68 Mil. Interlink Electronics's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Interlink Electronics's Days Inventory for the three months ended in Dec. 2023 was 117.04.

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. Interlink Electronics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.


Interlink Electronics Inventory Turnover Historical Data

The historical data trend for Interlink Electronics's Inventory Turnover 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.

Interlink Electronics Inventory Turnover Chart

Interlink Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.77 3.33 4.07 2.48 3.22

Interlink Electronics Quarterly Data
Jun18 Sep18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover 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 0.51 0.66 0.67 0.56 0.78

Interlink Electronics Inventory Turnover Calculation

Interlink Electronics's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=7.381 / ((2.112 + 2.476) / 2 )
=7.381 / 2.294
=3.22

Interlink Electronics's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=2.086 / ((2.875 + 2.476) / 2 )
=2.086 / 2.6755
=0.78

* 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.


Interlink Electronics  (NAS:LINK) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Interlink Electronics's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2.6755/2.086*365 / 4
=117.04

2. 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.

Interlink Electronics's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2.6755 / 3.538
=0.76

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Interlink Electronics Inventory Turnover Related Terms

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Interlink Electronics (Interlink Electronics) Business Description

Traded in Other Exchanges
N/A
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Interlink Electronics Inc designs, develops, manufactures, and sells its proprietary materials technology, firmware, and software into a portfolio of standard sensor-based products and custom sensor system solutions. These include sensor components, subassemblies, modules, and products that support effective, efficient cursor control and novel three-dimensional user inputs. Its Human Machine Interface technology platforms are deployed in a wide range of markets, including consumer electronics, automotive, industrial, and medical. The geographical segments of the company are the United States, Asia & Middle East, and Europe & others.
Executives
Maria N. Fregosi director C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Joy C. Hou director C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Sb4 Investments Llc 10 percent owner 10100 SANTA MONICA BLVD, SUITE 1400, LOS ANGELES CA 90067
Peter Roussak officer: VP, General Counsel 1 JENNER, SUITE 200, C/O INTERLINK ELECTRONICS, INC., IRVINE CA 92618
David John Wolenski director 5328 W. BURGUNDY PL., LITTLETON CO 80123
Zhiyun Gene Chen officer: VP Engineering & Advanced MATL 1 JENNER, SUITE 200, IRVINE CA 92618
Ryan Hoffman officer: Chief Financial Officer C/O INTERLINK ELECTRONICS, INC., 1 JENNER, SUITE 200, IRVINE CA 92618
Steven N Bronson director, 10 percent owner, officer: COB, CEO and President
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Mark Albert Bailey director C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, WESTLAKE VILLAGE CA 91361
Leonard Hagan 10 percent owner 650 THOMAS AVENUE, BALDWIN NY 11510
Angela Blatteis director 7 BEVERLY PARK, BEVERLY HILLS CA 90210
David S. Burnett officer: Chief Financial Officer C/O INTERLINK ELECTRONICS, INC., 31248 OAK CREST DRIVE, SUITE 110, WESTLAKE VILLAGE CA 91361
Bkf Asset Holdings, Inc. 10 percent owner 3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
Bkf Capital Group Inc 10 percent owner 1 JENNER, SUITE 200, IRVINE CA 92618