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MagnaChip Semiconductor (MagnaChip Semiconductor) Total Inventories : $32.7 Mil (As of Dec. 2023)


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What is MagnaChip Semiconductor Total Inventories?

MagnaChip Semiconductor's total inventories for the quarter that ended in Dec. 2023 was $32.7 Mil. MagnaChip Semiconductor's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $31.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MagnaChip Semiconductor's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $3.17.

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 three months ended in Dec. 2023 was 73.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. MagnaChip Semiconductor's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.63.


MagnaChip Semiconductor Total Inventories Historical Data

The historical data trend for MagnaChip Semiconductor's Total Inventories 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 Total Inventories Chart

MagnaChip Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.40 39.04 39.37 39.88 32.73

MagnaChip Semiconductor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial 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 39.88 36.36 32.34 30.84 32.73

MagnaChip Semiconductor Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


MagnaChip Semiconductor  (NYSE:MX) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

MagnaChip Semiconductor's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(158.092+0.75 * 33.024+0.5 * 32.733-75.893
-0-0)/38.8527
=3.17

2. 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 three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=31.7845/39.295*365 / 4
=73.81

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

MagnaChip Semiconductor's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=39.295 / 31.7845
=1.24

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=31.7845 / 50.822
=0.63

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


MagnaChip Semiconductor Total Inventories Related Terms

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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