KLA (XTER:KLA) Days Inventory : 277.08 (As of Mar. 2024)

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What is KLA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KLA's Average Total Inventories for the three months ended in Mar. 2024 was €2,776 Mil. KLA's Cost of Goods Sold for the three months ended in Mar. 2024 was €914 Mil. Hence, KLA's Days Inventory for the three months ended in Mar. 2024 was 277.08.

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

XTER:KLA' s Days Inventory Range Over the Past 10 Years
Min: 189.1 Med: 197.43 Max: 276.16
Current: 276.16

During the past 13 years, KLA's highest Days Inventory was 276.16. The lowest was 189.10. And the median was 197.43.

XTER:KLA's Days Inventory is ranked worse than
83.86% of 942 companies
in the Semiconductors industry
Industry Median: 130.435 vs XTER:KLA: 276.16

KLA's Days Inventory increased from Mar. 2023 (241.08) to Mar. 2024 (277.08). It might indicate that KLA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. KLA's Inventory Turnover for the three months ended in Mar. 2024 was 0.33.

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. KLA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.28.

KLA Days Inventory Historical Data

The historical data trend for KLA'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.

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KLA Days Inventory Chart

KLA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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211.24

191.41

196.05

179.28

219.66

KLA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															241.08	268.14	281.47	285.50	277.08

Competitive Comparison of KLA's Days Inventory

For the Semiconductor Equipment & Materials subindustry, KLA'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.

KLA's Days Inventory Distribution in the Semiconductors Industry

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

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

KLA Days Inventory Calculation

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

KLA's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2030.957	+	2655.272)	/	2 )	/	3893.498	*	365
=	2343.1145					/	3893.498	*	365
=	219.66

KLA's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2786.422	+	2766.489)	/	2 )	/	914.375	*	365 / 4
=	2776.4555					/	914.375	*	365 / 4
=	277.08

KLA (XTER:KLA) 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.

KLA's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	914.375	/	2776.4555
	=	0.33

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.

KLA's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2776.4555	/	2171.044
	=	1.28

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.

KLA Days Inventory Related Terms

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

KLA (XTER:KLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » KLA Corp (XTER:KLA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KLAC:USA KLAC:Mexico K1LA34:Brazil

Address

One Technology Drive, Milpitas, CA, USA, 95035

Website

https://www.kla.com

KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.

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