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AEye (LIDR) Total Inventories : $0.58 Mil (As of Dec. 2023)


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What is AEye Total Inventories?

AEye's total inventories for the quarter that ended in Dec. 2023 was $0.58 Mil. AEye's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $2.73 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AEye's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $1.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AEye's Days Inventory for the three months ended in Dec. 2023 was 37.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. AEye's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.45.

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. AEye's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 39.50.


AEye Total Inventories Historical Data

The historical data trend for AEye'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.

* Premium members only.

AEye Total Inventories Chart

AEye Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
2.66 4.09 4.55 0.58

AEye Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.55 4.70 4.91 4.87 0.58

AEye 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.


AEye  (NAS:LIDR) 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.

AEye's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(36.523+0.75 * 0.131+0.5 * 0.583-25.294
-0-0)/6.31009
=1.84

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

AEye's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2.7255/6.668*365 / 4
=37.30

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

AEye's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=6.668 / 2.7255
=2.45

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.

AEye's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2.7255 / 0.069
=39.50

* 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.


AEye Total Inventories Related Terms

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AEye (LIDR) Business Description

Traded in Other Exchanges
N/A
Address
One Park Place, Suite 200, Dublin, CA, USA, 94568
AEye Inc is a provider of high-performance, active lidar systems for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. The company's software-definable 4Sight Intelligent Sensing Platform combines solid-state active lidar, an optionally fused low-light HD camera, and integrated deterministic artificial intelligence to capture more intelligent information with less data, enabling faster, more accurate, and more reliable perception of the surroundings. All of the Company's sales were made to customers located in the United States, Europe, and Asia.
Executives
Luis Dussan director, 10 percent owner, officer: CTO and Chief Prdct Strategist C/O 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Jonathon B. Husby director ONE PARK PLACE, SUITE 200, DUBLIN CA 94568
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Tierney Conor B officer: Treasurer & CFO ONE PARK PLACE, SUITE 200, DUBLIN CA 94568
Matthew Fisch director, officer: Chief Executive Officer 21680 HAGGERTY ROAD, NORTHVILLE MI 48167
Tirukkur R Ramachandran officer: Chief Operating Officer ONE PARK PLACE, SUITE 200, DUBLIN CA 94568
Timothy J Dunn director C/O AEYE, INC., ONE PARK PLACE, SUITE 200, DUBLIN CA 94568
Andrew S Hughes officer: Secretary and General Counsel AEYE, INC., C/O 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Carol Dibattiste director 1155 W FREDERICK SMALL RD, JUPITER FL 33458
Sue Zeifman director AEYE, INC., ONE PARK PLACE, SUITE 200, DUBLIN CA 94568
Blair Lacorte director, officer: Chief Executive Officer C/O AEYE TECHNOLOGIES, INC., C/O 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Robert Anthony Brown officer: Treasurer, CFO, Chf Accntg Off C/O 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Thomas Tewell officer: Chief Operating Officer 5521 HELLYER AVENUE, SAN JOSE CA 95138
Karl-thomas Neumann director C/O AEYE TECHNOLOGIES, INC., 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Bernd Gottschalk director C/O AEYE TECHNOLOGIES, INC., C/O 1 PARK PLACE, SUITE 200, DUBLIN CA 64568