Advanced Micro Devices (BSP:A1MD34) Inventory Turnover : 0.65 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Advanced Micro Devices 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. Advanced Micro Devices's Cost of Goods Sold for the three months ended in Mar. 2024 was R$14,506 Mil. Advanced Micro Devices's Average Total Inventories for the quarter that ended in Mar. 2024 was R$22,243 Mil. Advanced Micro Devices's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advanced Micro Devices's Days Inventory for the three months ended in Mar. 2024 was 139.92.

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. Advanced Micro Devices's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.

Advanced Micro Devices Inventory Turnover Historical Data

The historical data trend for Advanced Micro Devices'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.

* Premium members only.

Advanced Micro Devices Inventory Turnover Chart

Advanced Micro Devices Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.34

4.96

5.27

4.42

2.91

Advanced Micro Devices 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															0.75	0.64	0.68	0.74	0.65

Advanced Micro Devices Inventory Turnover Calculation

Advanced Micro Devices'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 )
=	59875.556	/ (	(19780.403	+	21319.03)	/	2 )
=	59875.556	/	20549.7165
=	2.91

Advanced Micro Devices'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 )
=	14506.157	/ (	(21319.03	+	23166.03)	/	2 )
=	14506.157	/	22242.53
=	0.65

Advanced Micro Devices (BSP:A1MD34) 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.

Advanced Micro Devices'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
	=	22242.53	/	14506.157	*	365 / 4
	=	139.92

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.

Advanced Micro Devices'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 )
	=	22242.53	/	27254.445
	=	0.82

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.

Advanced Micro Devices Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Advanced Micro Devices's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Advanced Micro Devices (BSP:A1MD34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Micro Devices Inc (BSP:A1MD34) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AMD:USA AMD:Ukraine AMD:Peru AMD:Mexico AMD_KZ:Kazakhstan AMD:Italy AMDd:UK 0QZD:UK AMD0:Germany AMD:Germany AMD:Germany AMD:Germany AMD:Germany AMD:Canada AMD:Austria

Address

2485 Augustine Drive, Santa Clara, CA, USA, 95054

Website

http://www.amd.com

Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.

Advanced Micro Devices (BSP:A1MD34) Headlines

No Headlines