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Entegris (NAS:ENTG) Inventory Turnover

: 0.66 (As of Jun. 2023)
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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Entegris's Cost of Goods Sold for the three months ended in Jun. 2023 was $517 Mil. Entegris's Average Total Inventories for the quarter that ended in Jun. 2023 was $786 Mil. Entegris's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Entegris's Days Inventory for the three months ended in Jun. 2023 was 138.71.

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. Entegris's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.87.


Entegris Inventory Turnover Historical Data

The historical data trend for Entegris's Inventory Turnover 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.

Entegris Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 3.17 3.30 3.10 2.93

Entegris Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Inventory Turnover 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 0.68 0.88 0.66 0.63 0.66

Entegris Inventory Turnover Calculation

Entegris's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=1885.62 / ((475.213 + 812.815) / 2 )
=1885.62 / 644.014
=2.93

Entegris's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count )
=516.834 / ((830.939 + 740.351) / 2 )
=516.834 / 785.645
=0.66

* 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.


Entegris  (NAS:ENTG) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Entegris's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=785.645/516.834*365 / 4
=138.71

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.

Entegris's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=785.645 / 901
=0.87

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Entegris Inventory Turnover Related Terms

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Entegris (NAS:ENTG) Business Description

Entegris logo
Traded in Other Exchanges
Address
129 Concord Road, Billerica, MA, USA, 01821
Entegris Inc is a supplier of Advanced materials and process solutions for the semiconductor and other high-technology industries. The company's reportable segments include Specialty Chemicals & Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH). The SCEM segment provides high-performance & high-purity process chemistries, gases, & materials, and safe & efficient delivery systems. The Microcontamination Control (MC) segment includes solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries. Its geographical segments are Taiwan, North America, South Korea, Japan, China, Europe, and Southeast.
Executives
Linda Lagorga officer: SVP, Chief Financial Officer C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
James Robert Anderson director 111 SW 5TH AVE, PORTLNAD OR 97204
Daniel D. Woodland officer: See Remarks C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Michael Besnard officer: SVP, Chief Commercial Officer C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Neil Richards officer: SVP, Global Ops & Supply Chain C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Olivier Blachier officer: SVP Business-New Markets Dev. C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Rodney Clark director 129 CONCORD ROAD, BILLERICA MA 01821
Yvette Kanouff director PO BOX 37, PENNS PARK PA 18943
Bertrand Loy director, officer: President & CEO C/O ENTEGRIS, INC., 129 CONCORD RD, BILLERICA MA 01821
Joseph Colella officer: SVP and General Counsel 129 CONCORD ROAD, BILLERICA MA 01821
James Anthony O'neill officer: SVP & CTO 129 CONCORD ROAD, BILLERICA MA 01821
Bruce W. Beckman officer: SVP, Finance 129 CONCORD ROAD, BILLERICA MA 01821
Susan G. Rice officer: SVP, Human Resources 129 CONCORD ROAD, BILLERICA MA 01821
Azita Saleki-gerhardt director 1 N. WAUKEGAN ROAD, NORTH CHICAGO IL 60064
Clinton M. Haris officer: Sr. V.P/G.M. Liquid Filtration C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821