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Amte Power (LSE:AMTE) Inventory Turnover : 0.78 (As of Dec. 2022)


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What is Amte Power 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. Amte Power's Cost of Goods Sold for the six months ended in Dec. 2022 was £0.55 Mil. Amte Power's Average Total Inventories for the quarter that ended in Dec. 2022 was £0.70 Mil. Amte Power's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amte Power's Days Inventory for the six months ended in Dec. 2022 was 233.34.

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. Amte Power's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 1.29.

Amte Power Inventory Turnover Historical Data

The historical data trend for Amte Power'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.

Amte Power Inventory Turnover Chart

Amte Power Annual Data
Trend Mar18 Mar19 Jun21 Jun22
Inventory Turnover
57.67 32.83 10.82 5.04

Amte Power Semi-Annual Data
Mar18 Mar19 Dec20 Jun21 Dec21 Jun22 Dec22
Inventory Turnover Get a 7-Day Free Trial 3.62 4.62 2.42 3.21 0.78

Amte Power Inventory Turnover Calculation

Amte Power's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Inventory Turnover (A: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2022 ) / ((Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count )
=2.512 / ((0.281 + 0.715) / 2 )
=2.512 / 0.498
=5.04

Amte Power's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover (Q: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2022 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count )
=0.551 / ((0.715 + 0.694) / 2 )
=0.551 / 0.7045
=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.

Amte Power  (LSE:AMTE) 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.

Amte Power's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=0.7045/0.551*365 / 2
=233.34

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.

Amte Power's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=0.7045 / 0.546
=1.29

* 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.

Amte Power Inventory Turnover Related Terms

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Amte Power (LSE:AMTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amte Power PLC (LSE:AMTE) » Definitions » Inventory Turnover
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Traded in Other Exchanges
9FO:Germany
Address
Denchi House, Thurso Business Park, Thurso, Caithness, SCT, KW14 7XW
Website
https://www.amtepower.com
Amte Power PLC is developing a portfolio of differentiated, lithium-ion and lithium-ion derivative battery cells. The products of the company include Ultra High-Power (UHP), Ultra Energy (UE), Ultra Safe (US), and Ultra Prime (UPr) among others. It is operated mainly in the United Kingdom.

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