/term/inventory-turnover/MOBX MOBX (Mobix Labs) Inventory Turnover
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Mobix Labs (Mobix Labs) Inventory Turnover : 2.43 (As of Mar. 2024)


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What is Mobix Labs 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. Mobix Labs's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.95 Mil. Mobix Labs's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.39 Mil. Mobix Labs's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mobix Labs's Days Inventory for the three months ended in Mar. 2024 was 37.53.

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. Mobix Labs's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Mobix Labs Inventory Turnover Historical Data

The historical data trend for Mobix Labs'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.

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Mobix Labs Inventory Turnover Chart

Mobix Labs Annual Data
Trend Sep21 Sep22 Sep23
Inventory Turnover
1.28 7.11 3.64

Mobix Labs Quarterly Data
Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 1.46 0.50 - 0.89 2.43

Mobix Labs Inventory Turnover Calculation

Mobix Labs's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Inventory Turnover (A: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2023 ) / ((Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count )
=1.62 / ((0.57 + 0.319) / 2 )
=1.62 / 0.4445
=3.64

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

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=0.952 / ((0.422 + 0.361) / 2 )
=0.952 / 0.3915
=2.43

* 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.

Mobix Labs  (NAS:MOBX) 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.

Mobix Labs'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
=0.3915/0.952*365 / 4
=37.53

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.

Mobix Labs's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.3915 / 1.145
=0.34

* 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.

Mobix Labs Inventory Turnover Related Terms

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Mobix Labs (Mobix Labs) Business Description

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Address
15420 Laguna Canyon Road, Irvine, CA, USA, 92618
Website
https://www.mobixlabs.com
Mobix Labs Inc is a fabless semiconductor company developing disruptive next generation wireless and connected solutions that are designed to cater to a broad range of applications in markets including 5G infrastructure, satellite communications, automotive, consumer electronics, e-mobility, healthcare, infrastructure and defense.