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Skyworks Solutions (STU:AWM) Days Inventory

: 135.97 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Skyworks Solutions's Average Total Inventories for the three months ended in Dec. 2023 was €950 Mil. Skyworks Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was €637 Mil. Hence, Skyworks Solutions's Days Inventory for the three months ended in Dec. 2023 was 135.97.

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

STU:AWM' s Days Inventory Range Over the Past 10 Years
Min: 57.7   Med: 103.43   Max: 159.68
Current: 159.01

During the past 13 years, Skyworks Solutions's highest Days Inventory was 159.68. The lowest was 57.70. And the median was 103.43.

STU:AWM's Days Inventory is ranked worse than
62.3% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs STU:AWM: 159.01

Skyworks Solutions's Days Inventory declined from Dec. 2022 (169.55) to Dec. 2023 (135.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Skyworks Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 0.67.

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. Skyworks Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.86.


Skyworks Solutions Days Inventory Historical Data

The historical data trend for Skyworks Solutions'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.

Skyworks Solutions 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 110.38 152.68 118.78 123.95 166.14

Skyworks Solutions 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 169.55 185.50 188.45 143.94 135.97

Competitive Comparison

For the Semiconductors subindustry, Skyworks Solutions'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.


Skyworks Solutions Days Inventory Distribution

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

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



Skyworks Solutions Days Inventory Calculation

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

Skyworks Solutions'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
=( (1224.221 + 1049.159) / 2 ) / 2497.199*365
=1136.69 / 2497.199*365
=166.14

Skyworks Solutions'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
=( (1049.159 + 849.876) / 2 ) / 637.223*365 / 4
=949.5175 / 637.223*365 / 4
=135.97

* 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.


Skyworks Solutions  (STU:AWM) 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.

Skyworks Solutions'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.

Skyworks Solutions'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.


Skyworks Solutions Days Inventory Related Terms

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


Skyworks Solutions (STU:AWM) Business Description

Address
5260 California Avenue, Irvine, CA, USA, 92617
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.

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