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AVGO (Broadcom) Days Inventory : 33.00 (As of Oct. 2024)


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What is Broadcom Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Broadcom's Average Total Inventories for the three months ended in Oct. 2024 was $1,827 Mil. Broadcom's Cost of Goods Sold for the three months ended in Oct. 2024 was $5,052 Mil. Hence, Broadcom's Days Inventory for the three months ended in Oct. 2024 was 33.00.

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

AVGO' s Days Inventory Range Over the Past 10 Years
Min: 33.03   Med: 47.25   Max: 62.69
Current: 35.66

During the past 13 years, Broadcom's highest Days Inventory was 62.69. The lowest was 33.03. And the median was 47.25.

AVGO's Days Inventory is ranked better than
89.51% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs AVGO: 35.66

Broadcom's Days Inventory declined from Oct. 2023 (59.09) to Oct. 2024 (33.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Broadcom's Inventory Turnover for the three months ended in Oct. 2024 was 2.77.

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. Broadcom's Inventory-to-Revenue for the three months ended in Oct. 2024 was 0.13.


Broadcom Days Inventory Historical Data

The historical data trend for Broadcom'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.

Broadcom Days Inventory Chart

Broadcom Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.03 39.58 52.94 62.69 35.02

Broadcom Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Days Inventory 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 59.09 37.98 36.43 36.14 33.00

Competitive Comparison of Broadcom's Days Inventory

For the Semiconductors subindustry, Broadcom'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.


Broadcom's Days Inventory Distribution in the Semiconductors Industry

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

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



Broadcom Days Inventory Calculation

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

Broadcom's Days Inventory for the fiscal year that ended in Oct. 2024 is calculated as

Days Inventory (A: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2023 ) + Total Inventories (A: Oct. 2024 )) / count ) / Cost of Goods Sold (A: Oct. 2024 )*Days in Period
=( (1898 + 1760) / 2 ) / 19065*365
=1829 / 19065*365
=35.02

Broadcom's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

Days Inventory (Q: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (1894 + 1760) / 2 ) / 5052*365 / 4
=1827 / 5052*365 / 4
=33.00

* 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.


Broadcom  (NAS:AVGO) 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.

Broadcom's Inventory Turnover for the three months ended in Oct. 2024 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.

Broadcom's Inventory to Revenue for the three months ended in Oct. 2024 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.


Broadcom Days Inventory Related Terms

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


Broadcom Business Description

Address
3421 Hillview Avenue, Palo Alto, CA, USA, 94304
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
Executives
Charlie B Kawwas officer: SVP & Chief Sales Officer C/O AVAGO TECHNOLOGIES U.S. INC., 350 WEST TRIMBLE ROAD, SAN JOSE CA 95131
Mark David Brazeal officer: Chief Legal Officer 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Hock E Tan director, officer: President and CEO BROADCOM INC., 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Justine Lien director 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Kirsten M. Spears officer: Principal Accounting Officer 1320 RIDDER PARK, SAN JOSE CA 95131
Kenneth Hao director C/O SILVER LAKE PARTNERS, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Eddy W Hartenstein director
Harry L. You director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Check Kian Low director 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Diane M Bryant director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Thomas H. Krause officer: Chief Financial Officer 1320 RIDDER PARK, SAN JOSE CA 95131
Henry Samueli director, officer: Chief Technical Officer 5300 CALIFORNIA AVENUE, IRVINE CA 92617-3038
Bryan Ingram officer: SVP & GM, Wireless Semicon Div C/O AVAGO TECHNOLOGIES LIMITED, 350 WEST TRIMBLE ROAD, BLDG. 90, SAN JOSE CA 95131