Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Analog Devices's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $1,039 Mil. Analog Devices's Average Total Inventories for the quarter that ended in Jan. 2024 was $1,598 Mil.
Analog Devices's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.65.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Analog Devices's Days Inventory for the
three
months ended in Jan. 2024 was 140.35.
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.
Analog Devices's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.64.
Analog Devices Inventory Turnover Historical Data
The historical data trend for Analog Devices's Inventory Turnover 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 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.
Analog Devices (NAS:ADI) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Analog Devices's Days Inventory 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.
Analog Devices's Inventory to Revenue for the quarter that 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
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
Analog Devices Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Analog Devices's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Analog Devices (Analog Devices) Business Description
Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
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