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Immersion (Immersion) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is Immersion 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. Immersion's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Immersion's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

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

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. Immersion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Immersion Inventory Turnover Historical Data

The historical data trend for Immersion'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.

Immersion Inventory Turnover Chart

Immersion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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Immersion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Immersion Inventory Turnover Calculation

Immersion'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Immersion'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 )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Immersion  (NAS:IMMR) 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.

Immersion'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
=0/0*365 / 4
=

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.

Immersion'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 )
=0 / 43.847
=0.00

* 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

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.


Immersion Inventory Turnover Related Terms

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


Immersion (Immersion) Business Description

Traded in Other Exchanges
Address
2999 N.E. 191st Street, Suite 610, Aventura, FL, USA, 33180
Immersion Corp is focused on the creation, design, development, and licensing of innovative haptic technologies that allow people to use its sense of touch more fully as they engage with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Korea.
Executives
Aaron Akerman officer: Chief Financial Officer C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
J Michael Dodson officer: Chief Financial Officer 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Emily Hoffman director 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Francis Jose officer: General Counsel 385 RIVER OAKS PARKWAY, APT # 2106, SAN JOSE CA 95134
Eric Singer 10 percent owner 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
William C Martin officer: Chief Strategy Officer C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Childress Frederick Wasch director 330 TOWNSEND STREET, SUITE 234, SAN FRANCISCO CA 94107
Elias Nader director 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
Sumit Agarwal director C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Mary Dotz director 280 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043
Jared Smith officer: Interim CEO/VP Worldwide Sales C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Viex Special Opportunities Fund Ii, Lp 10 percent owner C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Michael Rudolf Okada officer: General Counsel C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Viex Opportunities Fund, Lp Series One 10 percent owner C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Sharon E Holt director C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134

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