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Maxim Integrated Products Inc (NAS:MXIM)
Days Inventory
95.50 (As of Sep. 2016)

Maxim Integrated Products Inc's average inventory for the three months ended in Sep. 2016 was $226 Mil. Maxim Integrated Products Inc's cost of goods sold for the three months ended in Sep. 2016 was $216 Mil. Hence, Maxim Integrated Products Inc's days inventory for the three months ended in Sep. 2016 was 95.50.

MXIM' s Days Inventory Range Over the Past 10 Years
Min: 85.98   Max: 119.92
Current: 102.67

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 99.59.

MXIM's Days Inventory is ranked lower than
66% of the 826 Companies
in the Global Semiconductors industry.

( Industry Median: 78.21 vs. MXIM: 102.67 )

Maxim Integrated Products Inc's days inventory declined from Sep. 2015 (95.69) to Sep. 2016 (95.50).

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 Sep. 2016 was 36.69.

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 Sep. 2016 was 0.96.

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 Sep. 2016 was 0.40.


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. 2016 is calculated as

Days Inventory (A: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jun. 2015 ) + Inventory (A: Jun. 2016 )) / 2 ) / COGS (A: Jun. 2016 )*Days in Period
=( (288.474 + 227.929) / 2 ) / 950.331*365
=258.2015 / 950.331*365
=99.17

Maxim Integrated Products Inc's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

Days Inventory (Q: Sep. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jun. 2016 ) + Inventory (Q: Sep. 2016 )) / 2 ) / COGS (Q: Sep. 2016 )*Days in Period
=( (227.929 + 223.484) / 2 ) / 215.664*365 / 4
=225.7065 / 215.664*365 / 4
=95.50

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Sep. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=225.7065/561.396*365 / 4
=36.69

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 Sep. 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.

Maxim Integrated Products Inc's Inventory to Revenue for the three months ended in Sep. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=225.7065 / 561.396
=0.40

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Maxim Integrated Products Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysInventory 109.04119.92112.2496.1585.9891.97100.0196.45101.8899.17

Maxim Integrated Products Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysInventory 96.72112.32110.42105.1595.8595.69117.9898.3096.3295.50
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