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MagnaChip Semiconductor (MagnaChip Semiconductor) Days Inventory

: 73.81 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). MagnaChip Semiconductor's Average Total Inventories for the three months ended in Dec. 2023 was $31.8 Mil. MagnaChip Semiconductor's Cost of Goods Sold for the three months ended in Dec. 2023 was $39.3 Mil. Hence, MagnaChip Semiconductor's Days Inventory for the three months ended in Dec. 2023 was 73.81.

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

MX' s Days Inventory Range Over the Past 10 Years
Min: 38.76   Med: 49.43   Max: 75.49
Current: 70.44

During the past 13 years, MagnaChip Semiconductor's highest Days Inventory was 75.49. The lowest was 38.76. And the median was 49.43.

MX's Days Inventory is ranked better than
76.36% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs MX: 70.44

MagnaChip Semiconductor's Days Inventory declined from Dec. 2022 (78.44) to Dec. 2023 (73.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. MagnaChip Semiconductor's Inventory Turnover for the three months ended in Dec. 2023 was 1.24.

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. MagnaChip Semiconductor's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


MagnaChip Semiconductor Days Inventory Historical Data

The historical data trend for MagnaChip Semiconductor'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.

MagnaChip Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.02 38.76 44.62 61.18 74.28

MagnaChip Semiconductor 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 78.44 77.46 66.07 61.63 73.81

Competitive Comparison

For the Semiconductors subindustry, MagnaChip Semiconductor'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.


MagnaChip Semiconductor Days Inventory Distribution

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

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



MagnaChip Semiconductor Days Inventory Calculation

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

MagnaChip Semiconductor's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (39.883 + 32.733) / 2 ) / 178.411*365
=36.308 / 178.411*365
=74.28

MagnaChip Semiconductor'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
=( (30.836 + 32.733) / 2 ) / 39.295*365 / 4
=31.7845 / 39.295*365 / 4
=73.81

* 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.


MagnaChip Semiconductor  (NYSE:MX) 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.

MagnaChip Semiconductor'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.

MagnaChip Semiconductor'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.


MagnaChip Semiconductor Days Inventory Related Terms

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


MagnaChip Semiconductor (MagnaChip Semiconductor) Business Description

Traded in Other Exchanges
Address
76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business.
Executives
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Young-joon Kim director, officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Woung Moo Lee officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Theodore S Kim officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Ilbok Lee director C/O MAGNACHIP SEMICONDUCTOR, INC, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Kyo-hwa Liz Chung director C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Chan Ho Park officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Young Soo Woo officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Shin Young Park officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Randal T Klein director C/O AVENUE CAPITAL MANAGEMENT II, L.P., 535 MADISON AVENUE, NEW YORK NY 10022
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Tavakoli Nader director 551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Jonathan W Kim officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014