ASM International NV (XAMS:ASM) Inventory Turnover : 0.55 (As of Mar. 2024)

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What is ASM International NV 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. ASM International NV's Cost of Goods Sold for the three months ended in Mar. 2024 was €301 Mil. ASM International NV's Average Total Inventories for the quarter that ended in Mar. 2024 was €551 Mil. ASM International NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASM International NV's Days Inventory for the three months ended in Mar. 2024 was 166.95.

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. ASM International NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.

ASM International NV Inventory Turnover Historical Data

The historical data trend for ASM International NV'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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ASM International NV Inventory Turnover Chart

ASM International NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.74

4.20

4.82

3.38

2.56

ASM International NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.65	0.60	0.56	0.61	0.55

ASM International NV Inventory Turnover Calculation

ASM International NV's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1362.635	/ (	(538.425	+	525.69)	/	2 )
=	1362.635	/	532.0575
=	2.56

ASM International NV'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 )
=	301.191	/ (	(525.69	+	576.44)	/	2 )
=	301.191	/	551.065
=	0.55

ASM International NV (XAMS:ASM) 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.

ASM International NV'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
	=	551.065	/	301.191	*	365 / 4
	=	166.95

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.

ASM International NV'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 )
	=	551.065	/	639.01
	=	0.86

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.

ASM International NV Inventory Turnover Related Terms

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ASM International NV (XAMS:ASM) Business Description

Industry

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Traded in Other Exchanges

ASMXF:USA ASMIY:USA ASM1:Mexico ASMa:UK 0NX3:UK AVS:Germany

Address

Versterkerstraat 8, Almere, FL, NLD, 1322 AP

Website

https://www.asm.com

Based in the Netherlands, ASM International supplies semiconductor manufacturing equipment. ASM's front-end equipment, such as atomic layer deposition, or ALD, and epitaxial tools, are used in the preparation of silicon wafers and fabrication of semiconductor layers. The firm is the top supplier in the ALD equipment segment. ASM's 25%-owned subsidiary, ASM Pacific Technology, manufactures back-end tools used to assemble and package semiconductors into their final form.