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Qualcomm (BSP:QCOM34) Days Inventory : 125.41 (As of Sep. 2024)


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What is Qualcomm Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Qualcomm's Average Total Inventories for the three months ended in Sep. 2024 was R$33,997 Mil. Qualcomm's Cost of Goods Sold for the three months ended in Sep. 2024 was R$24,737 Mil. Hence, Qualcomm's Days Inventory for the three months ended in Sep. 2024 was 125.41.

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

BSP:QCOM34' s Days Inventory Range Over the Past 10 Years
Min: 51.88   Med: 70.74   Max: 146.78
Current: 133.51

During the past 13 years, Qualcomm's highest Days Inventory was 146.78. The lowest was 51.88. And the median was 70.74.

BSP:QCOM34's Days Inventory is ranked worse than
55.3% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs BSP:QCOM34: 133.51

Qualcomm's Days Inventory declined from Sep. 2023 (152.11) to Sep. 2024 (125.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Qualcomm's Inventory Turnover for the three months ended in Sep. 2024 was 0.73.

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. Qualcomm's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.60.


Qualcomm Days Inventory Historical Data

The historical data trend for Qualcomm'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.

Qualcomm Days Inventory Chart

Qualcomm Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.29 75.31 93.93 151.28 129.98

Qualcomm Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 152.11 134.59 135.94 127.32 125.41

Competitive Comparison of Qualcomm's Days Inventory

For the Semiconductors subindustry, Qualcomm'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.


Qualcomm's Days Inventory Distribution in the Semiconductors Industry

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

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



Qualcomm Days Inventory Calculation

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

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

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (31716.331 + 35569.289) / 2 ) / 94474.868*365
=33642.81 / 94474.868*365
=129.98

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

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (32424.322 + 35569.289) / 2 ) / 24737.352*365 / 4
=33996.8055 / 24737.352*365 / 4
=125.41

* 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.


Qualcomm  (BSP:QCOM34) 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.

Qualcomm's Inventory Turnover for the three months ended in Sep. 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.

Qualcomm's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=33996.8055 / 56729.223
=0.60

* 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.


Qualcomm Days Inventory Related Terms

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


Qualcomm Business Description

Address
5775 Morehouse Drive, San Diego, CA, USA, 92121-1714
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.

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