What is Akoustis Technologies Inventory-to-Revenue?
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 Average Total Inventories for the quarter that ended in Dec. 2023 was $5.83 Mil. Akoustis Technologies's Revenue for the
three
months ended in Dec. 2023 was $7.02 Mil.
Akoustis Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.83.
Akoustis Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.98) to Sep. 2023 (0.83)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
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 Dec. 2023 was 83.95.
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 Dec. 2023 was 1.09.
Akoustis Technologies Inventory-to-Revenue Historical Data
The historical data trend for Akoustis Technologies's Inventory-to-Revenue 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.
Competitive Comparison of Akoustis Technologies's Inventory-to-Revenue
For the Communication Equipment subindustry, Akoustis Technologies's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Akoustis Technologies's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Akoustis Technologies's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Akoustis Technologies's Inventory-to-Revenue falls into.
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 fiscal year that ended in Jun. 2023 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. 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 Dec. 2023 is calculated as:
* 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 Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Akoustis Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Akoustis Technologies (Akoustis Technologies) Business Description
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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