Monolithic Power Systems (Monolithic Power Systems) Days Inventory

: 175.63 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Monolithic Power Systems's Average Total Inventories for the three months ended in Dec. 2023 was $390 Mil. Monolithic Power Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $203 Mil. Hence, Monolithic Power Systems's Days Inventory for the three months ended in Dec. 2023 was 175.63.

The historical rank and industry rank for Monolithic Power Systems's Days Inventory or its related term are showing as below:

MPWR' s Days Inventory Range Over the Past 10 Years
Min: 113.3 Med: 146.03 Max: 190.41
Current: 190.41

During the past 13 years, Monolithic Power Systems's highest Days Inventory was 190.41. The lowest was 113.30. And the median was 146.03.

MPWR's Days Inventory is ranked worse than
70.71% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs MPWR: 190.41

Monolithic Power Systems's Days Inventory declined from Dec. 2022 (200.52) to Dec. 2023 (175.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Monolithic Power Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.52.

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. Monolithic Power Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.86.

Monolithic Power Systems Days Inventory Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

171.02

137.21

145.51

172.98

189.58

Monolithic Power Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																200.52	208.36	202.42	178.06	175.63

Competitive Comparison

For the Semiconductors subindustry, Monolithic Power Systems'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.

Monolithic Power Systems Days Inventory Distribution

For the Semiconductors industry and Technology sector, Monolithic Power Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Monolithic Power Systems's Days Inventory falls into.

Monolithic Power Systems Days Inventory Calculation

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

Monolithic Power Systems's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (447.29	+	383.702)	/	2 )	/	799.953	*	365
=	415.496					/	799.953	*	365
=	189.58

Monolithic Power Systems's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (397.288	+	383.702)	/	2 )	/	202.889	*	365 / 4
=	390.495					/	202.889	*	365 / 4
=	175.63

Monolithic Power Systems (NAS:MPWR) 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.

Monolithic Power Systems's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	202.889	/	390.495
	=	0.52

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.

Monolithic Power Systems's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	390.495	/	454.012
	=	0.86

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.

Monolithic Power Systems Days Inventory Related Terms

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

Monolithic Power Systems (Monolithic Power Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Monolithic Power Systems Inc (NAS:MPWR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NQG:Germany

Address

5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033

Website

https://www.monolithicpower.com

Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.

Executives

Maurice Sciammas	officer: Sr. V.P.of Sales and Marketing	79 GREAT OAKS BLVD, SAN JOSE CA 95119
Deming Xiao	officer: Vice President of Operations	79 GREAT OAKS BLVD, SAN JOSE CA 95119
Saria Tseng	officer: VP and General Counsel	79 GREAT OAKS BLVD, SAN JOSE CA 95119
Michael Hsing	director, 10 percent owner, officer: President and CEO	79 GREAT OAKS BLVD, SAN JOSE CA 95119
Theodore Blegen	officer: CFO	5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
James C Moyer	director, 10 percent owner, officer: Chief Design Engineer	79 GREAT OAKS BLVD, SAN JOSE CA 95119
Chang Kuo Wei Herbert	director, 10 percent owner	C/O MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Eileen Wynne	director	MONOLITHIC POWER SYSTEMS, 79 GREAT OAKS BLVD, SAN JOSE CA 95117
Jeff Zhou	director	6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
Eugen J Elmiger	director	BUEELHADE 3A, SEMPACH STADT V8 6204
Victor K Lee	director	C/O LEADIS TECHNOLOGY, 800 W. CALIFORNIA AVENUE, SUITE 200, SUNNYVALE CA 94086
Carintia Martinez	director	5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
Meera Rao	officer: VP of Finance, Corp Controller	1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Douglas M Mcburnie	director	233 S. HILLVIEW DRIVE, MILPITAS CA 95035
Smith- Pilkington Karen A	director	343 STATE STREET, ROCHESTER NY 146500211