Aviat Networks (Aviat Networks) Inventory Turnover : 1.19 (As of Dec. 2023)

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What is Aviat Networks 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. Aviat Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $58.2 Mil. Aviat Networks's Average Total Inventories for the quarter that ended in Dec. 2023 was $48.7 Mil. Aviat Networks's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aviat Networks's Days Inventory for the three months ended in Dec. 2023 was 76.38.

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. Aviat Networks's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Aviat Networks Inventory Turnover Historical Data

The historical data trend for Aviat Networks'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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Aviat Networks Inventory Turnover Chart

Aviat Networks Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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10.19

12.45

8.59

7.45

7.39

Aviat Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.62	1.38	1.58	1.75	1.19

Aviat Networks Inventory Turnover Calculation

Aviat Networks's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	222.422	/ (	(27.169	+	33.057)	/	2 )
=	222.422	/	30.113
=	7.39

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	58.206	/ (	(30.659	+	66.784)	/	2 )
=	58.206	/	48.7215
=	1.19

Aviat Networks (NAS:AVNW) 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.

Aviat Networks'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
	=	48.7215	/	58.206	*	365 / 4
	=	76.38

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.

Aviat Networks'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 )
	=	48.7215	/	95.036
	=	0.51

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.

Aviat Networks Inventory Turnover Related Terms

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Aviat Networks (Aviat Networks) Business Description

Industry

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Address

200 Parker Drive, Suite C100A, Austin, TX, USA, 78728

Website

https://www.aviatnetworks.com

Aviat Networks Inc is a networking solutions provider. It designs, manufactures, and sells wireless networking products, solutions, and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies, and broadcast network operators around the world. The company's product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.

Executives

Bryan Tucker	officer: Sr. VP, Americas Sales and Ser	200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Erin Boase	officer: VP Legal Affairs	AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Gary Croke	officer: VP Marketing and PLM	AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
David M Gray	officer: Sr VP and CFO	AVIAT NETWORKS, INC, 200 PARKER DRIVE, SUITE C 100A, AUSTIN TX 78726
Pete A Smith	officer: President and CEO	C/O AVIAT NETWORKS, INC., 200 PARKER DR SUITE C100A, AUSTIN TX 78728
Bruce M. Taten	director	600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Somesh Singh	director	1301 S MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Bryan Ingram	director	C/O AVAGO TECHNOLOGIES LIMITED, 350 WEST TRIMBLE ROAD, BLDG. 90, SAN JOSE CA 95131
Michele Klein	director	469 MINOCA ROAD, PORTOLA VALLEY CA 94028
Steel Excel Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James C Stoffel	director	101 KNOLLWOOD DRIVE, ROCHESTER NY 14618