Switch to:
Maxim Integrated Products Inc (NAS:MXIM)
Days Inventory
105.15 (As of Mar. 2015)

Maxim Integrated Products Inc's average inventory for the three months ended in Mar. 2015 was $302 Mil. Maxim Integrated Products Inc's cost of goods sold for the three months ended in Mar. 2015 was $262 Mil. Hence, Maxim Integrated Products Inc's days inventory for the three months ended in Mar. 2015 was 105.15.

Maxim Integrated Products Inc's days inventory increased from Mar. 2014 (100.91) to Mar. 2015 (105.15). 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 Mar. 2015 was 47.73.

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 Mar. 2015 was 0.87.

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 Mar. 2015 was 0.52.


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. 2014 is calculated as

Days Inventory (A: Jun. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jun. 2013 ) + Inventory (A: Jun. 2014 )) / 2 ) / COGS (A: Jun. 2014 )*Days in Period
=( (275.64 + 289.292) / 2 ) / 1068.898*365
=282.466 / 1068.898*365
=96.45

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

Days Inventory (Q: Mar. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2014 ) + Inventory (Q: Mar. 2015 )) / 2 ) / COGS (Q: Mar. 2015 )*Days in Period
=( (306.564 + 297.27) / 2 ) / 261.995*365 / 4
=301.917 / 261.995*365 / 4
=105.15

* 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 Mar. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=301.917/577.263*365 / 4
=47.73

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 Mar. 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 Mar. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=301.917 / 577.263
=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.

Maxim Integrated Products Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
DaysInventory 108.45111.48109.04119.92112.2496.1585.9891.97100.0196.45

Maxim Integrated Products Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
DaysInventory 97.38104.84104.75106.1690.04100.9196.72112.32110.42105.15
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK