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Sanmina (Sanmina) Days Inventory

: 76.37 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Sanmina's Average Total Inventories for the three months ended in Dec. 2023 was $1,434 Mil. Sanmina's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,714 Mil. Hence, Sanmina's Days Inventory for the three months ended in Dec. 2023 was 76.37.

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

SANM' s Days Inventory Range Over the Past 10 Years
Min: 49.98   Med: 56.59   Max: 71.99
Current: 71.99

During the past 13 years, Sanmina's highest Days Inventory was 71.99. The lowest was 49.98. And the median was 56.59.

SANM's Days Inventory is ranked better than
68.89% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs SANM: 71.99

Sanmina's Days Inventory increased from Dec. 2022 (72.06) to Dec. 2023 (76.37). It might indicate that Sanmina's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanmina's Inventory Turnover for the three months ended in Dec. 2023 was 1.19.

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. Sanmina's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.


Sanmina Days Inventory Historical Data

The historical data trend for Sanmina'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.

Sanmina Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.32 49.98 55.91 68.17 70.43

Sanmina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 72.06 70.31 68.57 72.04 76.37

Competitive Comparison

For the Electronic Components subindustry, Sanmina'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.


Sanmina Days Inventory Distribution

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

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



Sanmina Days Inventory Calculation

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

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

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1684.099 + 1477.223) / 2 ) / 8191.837*365
=1580.661 / 8191.837*365
=70.43

Sanmina's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1477.223 + 1391.72) / 2 ) / 1713.958*365 / 4
=1434.4715 / 1713.958*365 / 4
=76.37

* 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.


Sanmina  (NAS:SANM) 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.

Sanmina'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.

Sanmina'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.


Sanmina Days Inventory Related Terms

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


Sanmina (Sanmina) Business Description

Traded in Other Exchanges
Address
2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.
Executives
Eugene A Delaney director 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Hedley David V Iii director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Alan Mcwilliams Reid officer: Exec VP,Global Human Resources 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola director, officer: Chairman and CEO 14899 GRANITE WAY, SARATOGA CA 95070
Mythili Sankaran director 27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes director
Charlie Mason officer: EVP, Integrated Mfg Services 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Brent Billinger officer: SVP & Corp Controller 2700 NORTH FIRST STREET, SAN JOSE CA 95134
John Goldsberry director C/O GATEWAY, INC, 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Kurt Adzema officer: EVP & CFO 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Susan A Johnson director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jackie M Ward director SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077
Mario M Rosati director 650 PAGE MILL RD, PALO ALTO CA 94304
Dennis Young officer: Exec VP Worldwide Sales 246 OVERALL PHILLIPS ROAD, ELIZABETH TOWN KY 42701
Rita S. Lane director 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196