Xperi (XPER) Inventory Turnover

: 4.27 (As of Dec. 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. Xperi's Cost of Goods Sold for the three months ended in Dec. 2023 was $33.6 Mil. Xperi's Average Total Inventories for the quarter that ended in Dec. 2023 was $7.9 Mil. Xperi's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xperi's Days Inventory for the three months ended in Dec. 2023 was 21.39.

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 quarter that ended in Dec. 2023 was 0.06.

Xperi Inventory Turnover Historical Data

The historical data trend for Xperi'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.

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Xperi Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

24.62

20.90

17.02

Xperi Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial						5.59	4.21	4.22	3.20	4.27

Xperi Inventory Turnover Calculation

Xperi's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	118.628	/ (	(6.662	+	7.279)	/	2 )
=	118.628	/	6.9705
=	17.02

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	33.567	/ (	(8.46	+	7.279)	/	2 )
=	33.567	/	7.8695
=	4.27

Xperi (NYSE:XPER) 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.

Xperi'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
	=	7.8695	/	33.567	*	365 / 4
	=	21.39

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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	7.8695	/	137.233
	=	0.06

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.

Xperi Inventory Turnover Related Terms

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Xperi (XPER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xperi Inc (NYSE:XPER) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2190 Gold Street, San Jose, CA, USA, 95002

Website

https://www.xperi.com

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