Days Inventory is also known as Days Sales of Inventory (DSI). Lam Research's Average Total Inventories for the
three
months ended in Dec. 2023 was $4,589 Mil. Lam Research's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,001 Mil.
Hence, Lam Research's Days Inventory for the
three
months ended in Dec. 2023 was 209.28.
The historical rank and industry rank for Lam Research's Days Inventory or its related term are showing as below:
LRCX'
s Days Inventory Range Over the Past 10 Years
Min: 91.24 Med: 107.04 Max: 220.6
Current: 220.6
During the past 13 years, Lam Research's highest Days Inventory was 220.60. The lowest was 91.24. And the median was 107.04.
LRCX's Days Inventory is ranked worse than 74.81% of 941
companies
in the Semiconductors industry
Industry Median: 132.01
vs LRCX: 220.60
Lam Research's Days Inventory
increased
from Dec. 2022 (144.37) to Dec. 2023 (209.28).
It might indicate that Lam Research'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.
Lam Research's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.44.
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.
Lam Research's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.22.
Lam Research Days Inventory Historical Data
The historical data trend for Lam Research'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 Semiconductor Equipment & Materials subindustry, Lam Research'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.
Lam Research Days Inventory Distribution
For the Semiconductors industry and Technology sector, Lam Research's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lam Research's Days Inventory falls into.
Lam Research Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lam Research's Days Inventory for the fiscal year that ended in Jun. 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.
Lam Research (NAS:LRCX) 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.
Lam Research'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.
Lam Research'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.
Lam Research Days Inventory Related Terms
Thank you for viewing the detailed overview of Lam Research's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
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