Days Inventory is also known as Days Sales of Inventory (DSI). Texas Instruments's Average Total Inventories for the
three
months ended in Dec. 2023 was $3,954 Mil. Texas Instruments's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,646 Mil.
Hence, Texas Instruments's Days Inventory for the
three
months ended in Dec. 2023 was 219.17.
The historical rank and industry rank for Texas Instruments's Days Inventory or its related term are showing as below:
TXN'
s Days Inventory Range Over the Past 10 Years
Min: 114.18 Med: 132.01 Max: 198.57
Current: 198.57
During the past 13 years, Texas Instruments's highest Days Inventory was 198.57. The lowest was 114.18. And the median was 132.01.
TXN's Days Inventory is ranked worse than 71.84% of 941
companies
in the Semiconductors industry
Industry Median: 131.11
vs TXN: 198.57
Texas Instruments's Days Inventory
increased
from Dec. 2022 (148.75) to Dec. 2023 (219.17).
It might indicate that Texas 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.
Texas Instruments's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.42.
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.
Texas Instruments's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.97.
Texas Instruments Days Inventory Historical Data
The historical data trend for Texas 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.
For the Semiconductors subindustry, Texas 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.
Texas Instruments Days Inventory Distribution
For the Semiconductors industry and Technology sector, Texas Instruments's Days Inventory distribution charts can be found below:
* The bar in red indicates where Texas Instruments's Days Inventory falls into.
Texas Instruments Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Texas 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.
Texas Instruments (NAS:TXN) 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.
Texas 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.
Texas 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.
Texas Instruments Days Inventory Related Terms
Thank you for viewing the detailed overview of Texas Instruments's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Texas Instruments (Texas Instruments) Business Description
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
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