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GSI Technology's total inventories for the quarter that ended in Sep. 2024 was $4.13 Mil. GSI Technology's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $4.30 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GSI Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.32.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GSI Technology's Days Inventory for the three months ended in Sep. 2024 was 140.39.
Inventory Turnover measures how fast the company turns over its inventory within a year. GSI Technology's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.65.
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. GSI Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.94.
The historical data trend for GSI Technology'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.
GSI Technology Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 4.28 | 4.34 | 4.66 | 6.42 | 4.98 |
GSI Technology 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 | 5.58 | 5.50 | 4.98 | 4.47 | 4.13 |
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.
GSI Technology (NAS:GSIT) 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.
GSI Technology'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) | ||
= | (18.356 | + | 0.75 * 2.411 | + | 0.5 * 4.127 | - | 14.11 |
- | 0 | - | 0) | / | 25.4855 | ||
= | 0.32 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
GSI Technology'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 |
= | 4.297 | / | 2.793 | * | 365 / 4 | |
= | 140.39 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
GSI Technology'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 ) |
= | 2.793 | / | 4.297 | |
= | 0.65 |
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.
GSI Technology'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 ) |
= | 4.297 | / | 4.55 | |
= | 0.94 |
* 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.
Thank you for viewing the detailed overview of GSI Technology's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Barbara H Nelson | director | C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035 |
Robert Yau | director, officer: VP, Engin., Sect. & Director | GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054 |
Avidan Akerib | officer: VP of Associative Computing | C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089 |
Elizabeth Cholawsky | director | 1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109 |
Ruey-lin Lu | director | EMPIA TECHNOLOGY, 2600 AUGUSTINE DRIVE, SANTA CLARA CA 95054 |
Douglas Schirle | officer: CFO | GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089 |
Didier Lasserre | officer: VP, Sales | GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054 |
Hong-po Hsieh | director | 20 PARK AVE. II, HSINCHU SCIENCE PARK, HSINCHU F5 308 |
Kim Le | director | 1608 PALA RANCH CIRCLE, SAN JOSE CA 95133 |
Jack A. Bradley | director | C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089 |
Arthur O Whipple | director | 870 WEST MAUDE AVE, SUNNYVALE CA 94085 |
Ping Tak Wu | officer: VP, U.S. Operations | GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054 |
Bor-tay Wu | officer: VP, Taiwan Operations | GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089 |
Lee-lean Shu | director, 10 percent owner, officer: Pres., CEO and Chairman | GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089 |
E Thomas Hart | director | 1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138 |
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