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Power Integrations (Power Integrations) Total Inventories : $163.2 Mil (As of Dec. 2023)


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What is Power Integrations Total Inventories?

Power Integrations's total inventories for the quarter that ended in Dec. 2023 was $163.2 Mil. Power Integrations's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $156.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Power Integrations's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $5.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Power Integrations's Days Inventory for the three months ended in Dec. 2023 was 330.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Power Integrations's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

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. Power Integrations's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.75.


Power Integrations Total Inventories Historical Data

The historical data trend for Power Integrations'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.

Power Integrations Total Inventories Chart

Power Integrations 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 90.38 102.88 99.27 135.42 163.16

Power Integrations 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 135.42 142.44 149.74 150.25 163.16

Power Integrations 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.


Power Integrations  (NAS:POWI) 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.

Power Integrations'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)
=(311.569+0.75 * 14.674+0.5 * 163.164-67.627
-0-0)/56.738
=5.93

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

Power Integrations'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
=156.705/43.299*365 / 4
=330.25

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

Power Integrations'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 )
=43.299 / 156.705
=0.28

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.

Power Integrations'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 )
=156.705 / 89.507
=1.75

* 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.


Power Integrations Total Inventories Related Terms

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Power Integrations (Power Integrations) Business Description

Traded in Other Exchanges
Address
5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.
Executives
Sandeep Nayyar officer: Chief Financial Officer C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Balu Balakrishnan officer: President & CEO C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
David Mh Matthews officer: VP of Product Development 5245 HELLYER AVE, SAN JOSE CA 95138
Doug Bailey officer: VP Marketing 5245 HELLYER AVE, SAN JOSE CA 95138
Clifford Walker officer: VP of Corp Development C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Sunil Gupta officer: VP of Operations INTERSIL CORPORATION, 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Yang Chiah Yee officer: VP, Worldwide Sales 2911 ZANKER ROAD, SAN JOSE CA 95134
Radu Barsan officer: VP of Technology, Engineering 5245 HELLYER AVE, SAN JOSE CA 95138
Necip Sayiner director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Ravi Vig director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Steven Sharp director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Ben Sutherland officer: Acting VP of Sales 5245 HELLYER AVE, SAN JOSE CA 95138
Jennifer A Lloyd director 5245 HELLYER AVE, SAN JOSE CA 95138