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Xperi (XPER) Days Inventory : 21.39 (As of Dec. 2023)


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What is Xperi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xperi's Average Total Inventories for the three months ended in Dec. 2023 was $7.9 Mil. Xperi's Cost of Goods Sold for the three months ended in Dec. 2023 was $33.6 Mil. Hence, Xperi's Days Inventory for the three months ended in Dec. 2023 was 21.39.

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

XPER' s Days Inventory Range Over the Past 10 Years
Min: 14.82   Med: 17.46   Max: 22.77
Current: 22.77

During the past 4 years, Xperi's highest Days Inventory was 22.77. The lowest was 14.82. And the median was 17.46.

XPER's Days Inventory is ranked worse than
52.94% of 1564 companies
in the Software industry
Industry Median: 19.625 vs XPER: 22.77

Xperi's Days Inventory increased from Dec. 2022 (16.32) to Dec. 2023 (21.39). It might indicate that Xperi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xperi's Inventory Turnover for the three months ended in Dec. 2023 was 4.27.

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. Xperi's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Xperi Days Inventory Historical Data

The historical data trend for Xperi'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.

Xperi Days Inventory Chart

Xperi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 14.82 17.46 21.45

Xperi Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.32 21.67 21.60 28.55 21.39

Competitive Comparison of Xperi's Days Inventory

For the Software - Application subindustry, Xperi'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.


Xperi's Days Inventory Distribution in the Software Industry

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

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



Xperi Days Inventory Calculation

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

Xperi'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
=( (6.662 + 7.279) / 2 ) / 118.628*365
=6.9705 / 118.628*365
=21.45

Xperi'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
=( (8.46 + 7.279) / 2 ) / 33.567*365 / 4
=7.8695 / 33.567*365 / 4
=21.39

* 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.


Xperi  (NYSE:XPER) 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.

Xperi'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.

Xperi'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.


Xperi Days Inventory Related Terms

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


Xperi (XPER) Business Description

Traded in Other Exchanges
N/A
Address
2190 Gold Street, San Jose, CA, USA, 95002
Xperi Inc invents, develops, and delivers technologies that enable experiences. In the home, in the car, and on the go, it manages content and connections. Its offering comprises a portfolio of software and services. Its business is divided into four categories based on the products delivered and customers served: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher A Seams director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Darcy Antonellis director 3900 DALLAS PKWY, SUITE 500, PLANO TX 75093
Robert J Andersen officer: Chief Financial Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Rebecca Marquez officer: See Remarks C/O XPERI INC., SAN JOSE CA 95002
Jon Kirchner director, officer: CEO & President C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Matthew Milne officer: Chief Revenue Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: Chief Products & Services Off. C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Xperi Holding Corp 10 percent owner 3025 ORCHARD PARKWAY, SAN JOSE CA 95134