Microchip Technology's change in inventory for the quarter that ended in Dec. 2023 was $21 Mil. It means Microchip Technology's inventory
declined by $21 Mil
from Sep. 2023 to Dec. 2023 .
Microchip Technology's change in inventory for the fiscal year that ended in Mar. 2023 was $-483 Mil. It means Microchip Technology's inventory
increased by $483 Mil
from Mar. 2022 to Mar. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Microchip Technology's Days Inventory for the quarter that ended in Dec. 2023 was 186.68.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Microchip Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.49.
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.
Microchip Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.75.
Microchip Technology Change In Inventory Historical Data
The historical data trend for Microchip Technology's Change In 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.
Microchip Technology Change In Inventory Calculation
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-142 Mil.
* 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.
Microchip Technology (NAS:MCHP) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Microchip Technology's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Microchip Technology's Inventory to Revenue for the quarter 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.
Microchip Technology Change In Inventory Related Terms
Thank you for viewing the detailed overview of Microchip Technology's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Microchip Technology (Microchip Technology) Business Description
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MCHP has been successfully added to your 