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Maxim Integrated Products Inc (NAS:MXIM)
Days Inventory
117.98 (As of Dec. 2015)

Maxim Integrated Products Inc's average inventory for the three months ended in Dec. 2015 was $283 Mil. Maxim Integrated Products Inc's cost of goods sold for the three months ended in Dec. 2015 was $219 Mil. Hence, Maxim Integrated Products Inc's days inventory for the three months ended in Dec. 2015 was 117.98.

MXIM' s Days Inventory Range Over the Past 10 Years
Min: 85.98   Max: 119.92
Current: 102.76

85.98
119.92

During the past 13 years, Maxim Integrated Products Inc's highest Days Inventory was 119.92. The lowest was 85.98. And the median was 100.95.

MXIM's Days Inventory is ranked lower than
63% of the 804 Companies
in the Global Semiconductors industry.

( Industry Median: 82.83 vs. MXIM: 102.76 )

Maxim Integrated Products Inc's days inventory increased from Dec. 2014 (110.42) to Dec. 2015 (117.98). It might indicate that Maxim Integrated Products Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Maxim Integrated Products Inc's days sales of inventory (DSI) for the three months ended in Dec. 2015 was 50.50.

Inventory turnover measures how fast the company turns over its inventory within a year. Maxim Integrated Products Inc's inventory turnover for the three months ended in Dec. 2015 was 0.77.

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. Maxim Integrated Products Inc's inventory to revenue ratio for the three months ended in Dec. 2015 was 0.55.


Definition

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

Maxim Integrated Products Inc's Days Inventory for the fiscal year that ended in Jun. 2015 is calculated as

Days Inventory (A: Jun. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jun. 2014 ) + Inventory (A: Jun. 2015 )) / 2 ) / COGS (A: Jun. 2015 )*Days in Period
=( (289.292 + 288.474) / 2 ) / 1034.997*365
=288.883 / 1034.997*365
=101.88

Maxim Integrated Products Inc's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2015 ) + Inventory (Q: Dec. 2015 )) / 2 ) / COGS (Q: Dec. 2015 )*Days in Period
=( (290.712 + 274.741) / 2 ) / 218.662*365 / 4
=282.7265 / 218.662*365 / 4
=117.98

* 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).

Maxim Integrated Products Inc's Days Sales of Inventory for the three months ended in Dec. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=282.7265/510.831*365 / 4
=50.50

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

Maxim Integrated Products Inc's Inventory Turnover for the three months ended in Dec. 2015 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.

Maxim Integrated Products Inc's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=282.7265 / 510.831
=0.55

* 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.

Maxim Integrated Products Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysInventory 111.48109.04119.92112.2496.1585.9891.97100.0196.45101.88

Maxim Integrated Products Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysInventory 106.1690.04100.9196.72112.32110.42105.1595.8595.69117.98
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