Mobileye B.V. (Mobileye B.V.) Inventory Turnover : 0.54 (As of Mar. 2017)

View and export this data going back to 2014. Start your Free Trial

What is Mobileye B.V. 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. Mobileye B.V.'s Cost of Goods Sold for the three months ended in Mar. 2017 was $30.3 Mil. Mobileye B.V.'s Average Total Inventories for the quarter that ended in Mar. 2017 was $56.3 Mil. Mobileye B.V.'s Inventory Turnover for the quarter that ended in Mar. 2017 was 0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mobileye B.V.'s Days Inventory for the three months ended in Mar. 2017 was 169.71.

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. Mobileye B.V.'s Inventory-to-Revenue for the quarter that ended in Mar. 2017 was 0.45.

Mobileye B.V. Inventory Turnover Historical Data

The historical data trend for Mobileye B.V.'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.

Mobileye B.V. Inventory Turnover Chart

Mobileye B.V. Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

Get a 7-Day Free Trial

1.32

2.05

2.56

2.04

1.75

Mobileye B.V. Quarterly Data
	Dec11	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Inventory Turnover	Get a 7-Day Free Trial														0.45	0.47	0.47	0.45	0.54

Mobileye B.V. Inventory Turnover Calculation

Mobileye B.V.'s Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	87.307	/ (	(42.676	+	57.016)	/	2 )
=	87.307	/	49.846
=	1.75

Mobileye B.V.'s Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

	Inventory Turnover (Q: Mar. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2017 )	/ (	(Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Mar. 2017 ))	/	count )
=	30.255	/ (	(57.016	+	55.524)	/	2 )
=	30.255	/	56.27
=	0.54

Mobileye B.V. (OTCPK:MBBYF) 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.

Mobileye B.V.'s Days Inventory for the three months ended in Mar. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2017 )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
	=	56.27	/	30.255	*	365 / 4
	=	169.71

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.

Mobileye B.V.'s Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2017 )	/	Revenue (Q: Mar. 2017 )
	=	56.27	/	124.673
	=	0.45

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.

Mobileye B.V. Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Mobileye B.V.'s Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Mobileye B.V. (Mobileye B.V.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mobileye B.V. (OTCPK:MBBYF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mobileye.com

Mobileye B.V. supplies monocular camera-based vehicle vision systems that enable active safety features and advanced driver assistance systems to the global automobile industry. Its primary product is the EyeQ, a system-on-chip microprocessor at the heart of Mobileye's algorithms that support such vehicle features as automated emergency braking, lane keeping assistance, and varying degrees of autonomous driving.