Days Inventory is also known as Days Sales of Inventory (DSI). MKS Instruments's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,000 Mil. MKS Instruments's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $481 Mil.
Hence, MKS Instruments's Days Inventory for the
three
months ended in Dec. 2023 was 189.71.
The historical rank and industry rank for MKS Instruments's Days Inventory or its related term are showing as below:
MKSI'
s Days Inventory Range Over the Past 10 Years
Min: 107.17 Med: 125.01 Max: 187.06
Current: 187.06
During the past 13 years, MKS Instruments's highest Days Inventory was 187.06. The lowest was 107.17. And the median was 125.01.
MKSI's Days Inventory is ranked worse than 77.64% of 2406
companies
in the Hardware industry
Industry Median: 103.87
vs MKSI: 187.06
MKS Instruments's Days Inventory
increased
from Dec. 2022 (147.12) to Dec. 2023 (189.71).
It might indicate that MKS Instruments'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.
MKS Instruments's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.48.
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.
MKS Instruments's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.12.
MKS Instruments Days Inventory Historical Data
The historical data trend for MKS Instruments'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.
Competitive Comparison of MKS Instruments's Days Inventory
For the Scientific & Technical Instruments subindustry, MKS Instruments'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.
MKS Instruments Days Inventory Distribution
For the Hardware industry and Technology sector, MKS Instruments's Days Inventory distribution charts can be found below:
* The bar in red indicates where MKS Instruments's Days Inventory falls into.
MKS Instruments Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MKS Instruments's Days Inventory for the fiscal year that 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.
MKS Instruments (NAS:MKSI) 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.
MKS Instruments'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.
MKS Instruments'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.
MKS Instruments Days Inventory Related Terms
Thank you for viewing the detailed overview of MKS Instruments's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MKS Instruments (MKS Instruments) Business Description
MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others used in industrial technologies, semiconductor, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions. The Vacuum Solutions segment contributes to roughly half of the company's revenue, and the majority of its revenue is earned in the United States.
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