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Applied Materials (Applied Materials) Days Inventory

: 148.10 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Applied Materials's Average Total Inventories for the three months ended in Jan. 2024 was $5,686 Mil. Applied Materials's Cost of Goods Sold for the three months ended in Jan. 2024 was $3,503 Mil. Hence, Applied Materials's Days Inventory for the three months ended in Jan. 2024 was 148.10.

The historical rank and industry rank for Applied Materials's Days Inventory or its related term are showing as below:

AMAT' s Days Inventory Range Over the Past 10 Years
Min: 104.01   Med: 127.74   Max: 159.7
Current: 151.67

During the past 13 years, Applied Materials's highest Days Inventory was 159.70. The lowest was 104.01. And the median was 127.74.

AMAT's Days Inventory is ranked worse than
59.74% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs AMAT: 151.67

Applied Materials's Days Inventory declined from Jan. 2023 (152.16) to Jan. 2024 (148.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Applied Materials's Inventory Turnover for the three months ended in Jan. 2024 was 0.62.

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. Applied Materials's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.85.


Applied Materials Days Inventory Historical Data

The historical data trend for Applied Materials'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.

* Premium members only.

Applied Materials Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.70 141.59 123.37 135.51 150.53

Applied Materials Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.16 154.76 155.42 148.07 148.10

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.


Applied Materials Days Inventory Distribution

For the Semiconductors industry and Technology sector, Applied Materials's Days Inventory distribution charts can be found below:

* The bar in red indicates where Applied Materials's Days Inventory falls into.



Applied Materials Days Inventory Calculation

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

Applied Materials's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (5932 + 5725) / 2 ) / 14133*365
=5828.5 / 14133*365
=150.53

Applied Materials's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (5725 + 5646) / 2 ) / 3503*365 / 4
=5685.5 / 3503*365 / 4
=148.10

* 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.


Applied Materials  (NAS:AMAT) 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.

Applied Materials's Inventory Turnover for the three months ended in Jan. 2024 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.

Applied Materials's Inventory to Revenue for the three months ended in Jan. 2024 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.


Applied Materials Days Inventory Related Terms

Thank you for viewing the detailed overview of Applied Materials's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Applied Materials (Applied Materials) Business Description

Address
3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Executives
Omkaram Nalamasu officer: Senior VP, CTO C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Brice Hill officer: SVP, CFO 2100 LOGIC DRIVE, SAN JOSE CA 95124
Teri A. Little officer: SVP, CLO ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Timothy M Deane officer: GVP, Applied Global Services C/O APPLIED MATERIALS, INC., 3050 BOWERS AVE, PO BOX 58039, SANTA CLARA CA 95052
Xun Chen director 35 DORY RD., GLOUCESTER MA 01930
Kevin P March director 12500 TI BLVD, DALLAS TX 75243
Jeff Bodner officer: CVP, Corp. Controller & CAO C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Gary E Dickerson director, officer: President and CEO
Ginetto Addiego officer: SVP, Engineering 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Daniel Durn officer: Senior VP C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Prabu G. Raja officer: SVP, Semi. Products Group C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052
Thomas J Iannotti director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Rani Borkar director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVE, PO BOX 58039, SANTA CLARA CA 95052
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Stephen R Forrest director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039