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Analog Devices Inc (NAS:ADI)
Days Inventory
137.00 (As of Apr. 2016)

Analog Devices Inc's average inventory for the three months ended in Apr. 2016 was $402 Mil. Analog Devices Inc's cost of goods sold for the three months ended in Apr. 2016 was $268 Mil. Hence, Analog Devices Inc's days inventory for the three months ended in Apr. 2016 was 137.00.

ADI' s Days Inventory Range Over the Past 10 Years
Min: 52.64   Max: 122.15
Current: 124.74

52.64
122.15

During the past 13 years, Analog Devices Inc's highest Days Inventory was 122.15. The lowest was 52.64. And the median was 115.74.

ADI's Days Inventory is ranked lower than
77% of the 827 Companies
in the Global Semiconductors industry.

( Industry Median: 80.14 vs. ADI: 124.74 )

Analog Devices Inc's days inventory increased from Apr. 2015 (125.83) to Apr. 2016 (137.00). It might indicate that Analog Devices Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Analog Devices Inc's days sales of inventory (DSI) for the three months ended in Apr. 2016 was 47.12.

Inventory turnover measures how fast the company turns over its inventory within a year. Analog Devices Inc's inventory turnover for the three months ended in Apr. 2016 was 0.67.

Inventory to revenue ratio 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. Analog Devices Inc's inventory to revenue ratio for the three months ended in Apr. 2016 was 0.52.


Definition

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

Analog Devices Inc's Days Inventory for the fiscal year that ended in Oct. 2015 is calculated as

Days Inventory (A: Oct. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Oct. 2014 ) + Inventory (A: Oct. 2015 )) / 2 ) / COGS (A: Oct. 2015 )*Days in Period
=( (367.927 + 412.314) / 2 ) / 1175.83*365
=390.1205 / 1175.83*365
=121.10

Analog Devices Inc's Days Inventory for the quarter that ended in Apr. 2016 is calculated as:

Days Inventory (Q: Apr. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jan. 2016 ) + Inventory (Q: Apr. 2016 )) / 2 ) / COGS (Q: Apr. 2016 )*Days in Period
=( (404.852 + 399.459) / 2 ) / 267.863*365 / 4
=402.1555 / 267.863*365 / 4
=137.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Analog Devices Inc's Days Sales of Inventory for the three months ended in Apr. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=402.1555/778.766*365 / 4
=47.12

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Analog Devices Inc's Inventory Turnover for the three months ended in Apr. 2016 is calculated as

3. 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.

Analog Devices Inc's Inventory to Revenue for the three months ended in Apr. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=402.1555 / 778.766
=0.52

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Analog Devices Inc Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysInventory 117.77122.15115.9664.0752.64103.79115.72115.76114.88121.10

Analog Devices Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysInventory 119.37113.85129.46108.85124.98125.83126.95113.31127.62137.00
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