MultiSensor AI Holdings (MultiSensor AI Holdings) Inventory Turnover : 0.22 (As of Mar. 2024)

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What is MultiSensor AI Holdings 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. MultiSensor AI Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.40 Mil. MultiSensor AI Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $6.25 Mil. MultiSensor AI Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MultiSensor AI Holdings's Days Inventory for the three months ended in Mar. 2024 was 406.01.

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. MultiSensor AI Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.75.

MultiSensor AI Holdings Inventory Turnover Historical Data

The historical data trend for MultiSensor AI Holdings'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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MultiSensor AI Holdings Inventory Turnover Chart

MultiSensor AI Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

0.91

0.47

0.48

MultiSensor AI Holdings Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			0.19	0.05	-	0.17	0.22

MultiSensor AI Holdings Inventory Turnover Calculation

MultiSensor AI Holdings'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 )
=	3.986	/ (	(9.634	+	6.93)	/	2 )
=	3.986	/	8.282
=	0.48

MultiSensor AI Holdings'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 )
=	1.404	/ (	(6.93	+	5.564)	/	2 )
=	1.404	/	6.247
=	0.22

MultiSensor AI Holdings (NAS:MSAI) 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.

MultiSensor AI Holdings'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
	=	6.247	/	1.404	*	365 / 4
	=	406.01

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.

MultiSensor AI Holdings'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 )
	=	6.247	/	2.275
	=	2.75

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.

MultiSensor AI Holdings Inventory Turnover Related Terms

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MultiSensor AI Holdings (MultiSensor AI Holdings) Business Description

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2105 West Cardinal Drive, Beaumont, TX, USA, 77705

Website

https://www.infraredcameras.com

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MultiSensor AI Holdings (MultiSensor AI Holdings) Headlines

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