American Superconductor (American Superconductor) Inventory Turnover : 0.64 (As of Dec. 2023)

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What is American Superconductor 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. American Superconductor's Cost of Goods Sold for the three months ended in Dec. 2023 was $29.4 Mil. American Superconductor's Average Total Inventories for the quarter that ended in Dec. 2023 was $46.0 Mil. American Superconductor's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Superconductor's Days Inventory for the three months ended in Dec. 2023 was 142.97.

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. American Superconductor's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.17.

American Superconductor Inventory Turnover Historical Data

The historical data trend for American Superconductor'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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American Superconductor Inventory Turnover Chart

American Superconductor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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2.65

3.50

4.32

5.14

3.21

American Superconductor 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															0.62	0.74	0.60	0.56	0.64

American Superconductor Inventory Turnover Calculation

American Superconductor's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	97.463	/ (	(23.666	+	36.986)	/	2 )
=	97.463	/	30.326
=	3.21

American Superconductor'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 )
=	29.369	/ (	(47.835	+	44.197)	/	2 )
=	29.369	/	46.016
=	0.64

American Superconductor (NAS:AMSC) 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.

American Superconductor'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
	=	46.016	/	29.369	*	365 / 4
	=	142.97

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.

American Superconductor'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 )
	=	46.016	/	39.353
	=	1.17

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.

American Superconductor Inventory Turnover Related Terms

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American Superconductor (American Superconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » American Superconductor Corp (NAS:AMSC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AMSC:Mexico AMS1:Germany

Address

114 East Main Street, Ayer, MA, USA, 01432

Website

https://www.amsc.com

American Superconductor Corp generates the ideas, technologies, and solutions that meet world's demand for smarter, cleaner and energy. Through its Windtec Solutions, the company enables manufacturers to launch wind turbines quickly, effectively and profitably. Through its Gridtec Solutions, the company provides engineering planning services and grid systems that optimize network reliability, efficiency and performance. The company's segment includes Grid and Wind. It generates maximum revenue from the Grid segment.

Executives

Daniel P Mcgahn	officer: VP, Stategic Planning,Corp Dev	C/O AMERICAN SUPERCONDUCTOR, 64 JACKSON ROAD, DEVENS MA 01434
Kosiba John W Jr	officer: SVP, CFO & Treasurer	C/O AMERICAN SUPERCONDUCTOR CORPORATION, 64 JACKSON ROAD, DEVENS MA 01434
Margaret D. Klein	director	C/O AMERICAN SUPERCONDUCTOR CORPORATION, 114 EAST MAIN STREET, AYER MA 01432
Laura A. Dambier	director	C/O AMERICAN SUPERCONDUCTOR CORPORATION, 114 EAST MAIN STREET, AYER MA 01432
Vikram S Budhraja	director	201 S LAKE AVE STE 400, PASADENA CA 91101
Barbara G. Littlefield	director	C/O AMERICAN SUPERCONDUCTOR CORPORATION, 114 EAST MAIN STREET, AYER MA 01432
Wood John W Jr	director	C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Oliver David R Jr	director	C/O AMERICAN SUPERCONDUCTOR, 2 TECHNOLOGY DR, WESTBOROUGH MA 01581
John Vander Sande	director
Arthur H House	director	C/O AMERICAN SUPERCONDUCTOR CORPORATION, 64 JACKSON ROAD, DEVENS MA 01434
David A Henry	officer: SVP, CFO & Treasurer
James F Maguire	officer: EVP, Gridtec Solutions	C/O AMERICAN SUPERCONDUCTOR CORP., 64 JACKSON ROAD, DEVENS MA 01434
Kevin Douglas	10 percent owner	300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Susan J Dicecco	officer: VP, Corporate Administration	C/O AMERICAN SUPERCONDUCTOR, 64 JACKSON ROAD, DEVENS MA 01434
Angelo R Santamaria	officer: VP & GM, AMSC Wires Bus. Unit	MICROSEMI CORP, 2381 MORSE AVE, IRVINE CA 92614