Days Inventory is also known as Days Sales of Inventory (DSI). Dolby Laboratories's Average Total Inventories for the
three
months ended in Dec. 2023 was $37 Mil. Dolby Laboratories's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $32 Mil.
Hence, Dolby Laboratories's Days Inventory for the
three
months ended in Dec. 2023 was 104.16.
The historical rank and industry rank for Dolby Laboratories's Days Inventory or its related term are showing as below:
DLB'
s Days Inventory Range Over the Past 10 Years
Min: 43.13 Med: 57.5 Max: 78.77
Current: 78.77
During the past 13 years, Dolby Laboratories's highest Days Inventory was 78.77. The lowest was 43.13. And the median was 57.50.
DLB's Days Inventory is ranked worse than 68.68% of 680
companies
in the Business Services industry
Industry Median: 29.14
vs DLB: 78.77
Dolby Laboratories's Days Inventory
increased
from Dec. 2022 (65.77) to Dec. 2023 (104.16).
It might indicate that Dolby Laboratories's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Dolby Laboratories's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.88.
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.
Dolby Laboratories's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.12.
Dolby Laboratories Days Inventory Historical Data
The historical data trend for Dolby Laboratories's Days Inventory 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.
For the Specialty Business Services subindustry, Dolby Laboratories's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dolby Laboratories Days Inventory Distribution
For the Business Services industry and Industrials sector, Dolby Laboratories's Days Inventory distribution charts can be found below:
* The bar in red indicates where Dolby Laboratories's Days Inventory falls into.
Dolby Laboratories Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dolby Laboratories's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Dolby Laboratories (NYSE:DLB) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Dolby Laboratories's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Dolby Laboratories's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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
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.
Dolby Laboratories Days Inventory Related Terms
Thank you for viewing the detailed overview of Dolby Laboratories's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Dolby Laboratories (Dolby Laboratories) Business Description
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
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