AKTSQ (Akoustis Technologies) Total Inventories: $3.17 Mil (As of Sep. 2024)


AKTSQ Akoustis Technologies Inc AKTSQ
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What is Akoustis Technologies Total Inventories?

Akoustis Technologies AKTSQ -99.89% 12 Total Inventories is $3.17 Mil as of Sep. 2024. GuruFocus rates AKTSQ with a GF Score™ of 12/100.

Akoustis Technologies's total inventories for the quarter that ended in Sep. 2024 was $3.17 Mil. Akoustis Technologies's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $2.70 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Akoustis Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akoustis Technologies's Days Inventory for the three months ended in Sep. 2024 was 52.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Akoustis Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.75.

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. Akoustis Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.30.


Akoustis Technologies  (OTCPK:AKTSQ) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Akoustis Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.061+0.75 * 3.832+0.5 * 3.168-122.586
-0-0)/154.591
=-0.69

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

Akoustis Technologies's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=2.6955/4.725*365 / 4
=52.06

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

Akoustis Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=4.725 / 2.6955
=1.75

4. 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.

Akoustis Technologies's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2.6955 / 9.027
=0.30

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Akoustis Technologies Total Inventories Related Terms


Akoustis Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for Akoustis Technologies's Total Inventories 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.

Akoustis Technologies Total Inventories Chart

Akoustis Technologies Annual Data
Trend Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 1.39 4.09 7.55 2.22

Akoustis Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories 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 6.18 5.48 5.10 2.22 3.17
AKTSQ
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Akoustis Technologies Inc AKTSQ
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Akoustis Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $3.17 Mil mean?
Akoustis Technologies (AKTSQ) has a Total Inventories of $3.17 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Akoustis Technologies and its competitors.
Is Akoustis Technologies' Total Inventories too high?
Akoustis Technologies' current Total Inventories is $3.17 Mil. Overall, Akoustis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Akoustis Technologies' Total Inventories compare to ELST and MLRT?
Akoustis Technologies' Total Inventories of $3.17 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Akoustis Technologies and its competitors. Akoustis Technologies's current Total Inventories is $3.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akoustis Technologies stock overvalued right now?
Akoustis Technologies (AKTSQ) has a current Total Inventories of $3.17 Mil. The current Total Inventories is $3.17 Mil. Akoustis Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Akoustis Technologies (AKTSQ), the current Total Inventories is $3.17 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akoustis Technologies Business Description

Address 9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
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