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Mentor Graphics (Mentor Graphics) Days Inventory : 29.65 (As of Jan. 2017)


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What is Mentor Graphics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mentor Graphics's Average Total Inventories for the three months ended in Jan. 2017 was $16 Mil. Mentor Graphics's Cost of Goods Sold for the three months ended in Jan. 2017 was $51 Mil. Hence, Mentor Graphics's Days Inventory for the three months ended in Jan. 2017 was 29.65.

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

MENT's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.64
* Ranked among companies with meaningful Days Inventory only.

Mentor Graphics's Days Inventory declined from Jan. 2016 (45.93) to Jan. 2017 (29.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mentor Graphics's Inventory Turnover for the three months ended in Jan. 2017 was 3.08.

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. Mentor Graphics's Inventory-to-Revenue for the three months ended in Jan. 2017 was 0.03.


Mentor Graphics Days Inventory Historical Data

The historical data trend for Mentor Graphics'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.

Mentor Graphics Days Inventory Chart

Mentor Graphics Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.18 42.09 42.55 45.49 40.72

Mentor Graphics Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.93 52.86 39.30 28.64 29.65

Competitive Comparison of Mentor Graphics's Days Inventory

For the Software - Application subindustry, Mentor Graphics'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.


Mentor Graphics's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Mentor Graphics's Days Inventory distribution charts can be found below:

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



Mentor Graphics Days Inventory Calculation

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

Mentor Graphics's Days Inventory for the fiscal year that ended in Jan. 2017 is calculated as

Days Inventory (A: Jan. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2016 ) + Total Inventories (A: Jan. 2017 )) / count ) / Cost of Goods Sold (A: Jan. 2017 )*Days in Period
=( (24.762 + 18.575) / 2 ) / 194.228*365
=21.6685 / 194.228*365
=40.72

Mentor Graphics's Days Inventory for the quarter that ended in Jan. 2017 is calculated as:

Days Inventory (Q: Jan. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2016 ) + Total Inventories (Q: Jan. 2017 )) / count ) / Cost of Goods Sold (Q: Jan. 2017 )*Days in Period
=( (14.276 + 18.575) / 2 ) / 50.543*365 / 4
=16.4255 / 50.543*365 / 4
=29.65

* 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.


Mentor Graphics  (NAS:MENT) 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.

Mentor Graphics's Inventory Turnover for the three months ended in Jan. 2017 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.

Mentor Graphics's Inventory to Revenue for the three months ended in Jan. 2017 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.


Mentor Graphics Days Inventory Related Terms

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


Mentor Graphics (Mentor Graphics) Business Description

Traded in Other Exchanges
N/A
Address
Mentor Graphics is a provider of electronic design automation technology for software and hardware design solutions. It tailors its technologies for manufacturers in a variety of end markets, including communications, consumer electronics, military and aerospace, and transportation industries. Its products enable engineers to overcome complicated electronic design challenges by improving the accuracy of complex designs. The firm generates revenue primarily through licensing its software and hardware products to manufacturers. It derives roughly half of its revenue in North America, with the rest coming from Europe, Japan, and the Pacific Rim countries.
Executives
Cheryl L Shavers director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
Walden C Rhines director, officer: Chairman and CEO C/O TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PKWY, HILLSBORO OR 97124
Jeffrey Stafeil director 1707 PADDINGTON CIRCLE, KESWICK VA 22947
J Daniel Mccranie director C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT CA 94538
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Gregory K Hinckley officer: President C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Paul Anthony Mascarenas director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Peter L Bonfield director C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Carl C Icahn other: NO LONGER SUBJECT TO SEC. 16 C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
David S. Schechter director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Jose Maria Alapont director 5725 DELPHI DRIVE, TROY MI 48098
Gary Meyers director
High River Limited Partnership 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Ii L.p. 10 percent owner 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Partners Master Fund Iii L.p. 10 percent owner 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601

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