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KLA (KLAC) Days Inventory : 244.33 (As of Sep. 2024)


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What is KLA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KLA's Average Total Inventories for the three months ended in Sep. 2024 was $3,072 Mil. KLA's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,147 Mil. Hence, KLA's Days Inventory for the three months ended in Sep. 2024 was 244.33.

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

KLAC' s Days Inventory Range Over the Past 10 Years
Min: 189.1   Med: 204.83   Max: 274.65
Current: 268.72

During the past 13 years, KLA's highest Days Inventory was 274.65. The lowest was 189.10. And the median was 204.83.

KLAC's Days Inventory is ranked worse than
84.37% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs KLAC: 268.72

KLA's Days Inventory declined from Sep. 2023 (283.54) to Sep. 2024 (244.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. KLA's Inventory Turnover for the three months ended in Sep. 2024 was 0.37.

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. KLA's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.08.


KLA Days Inventory Historical Data

The historical data trend for KLA'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.

KLA Days Inventory Chart

KLA Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.73 190.02 189.10 217.34 274.65

KLA 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 283.54 282.43 277.53 272.78 244.33

Competitive Comparison of KLA's Days Inventory

For the Semiconductor Equipment & Materials subindustry, KLA'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.


KLA's Days Inventory Distribution in the Semiconductors Industry

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

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



KLA Days Inventory Calculation

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

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

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (2876.784 + 3034.781) / 2 ) / 3928.073*365
=2955.7825 / 3928.073*365
=274.65

KLA'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
=( (3034.781 + 3109.837) / 2 ) / 1147.431*365 / 4
=3072.309 / 1147.431*365 / 4
=244.33

* 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.


KLA  (NAS:KLAC) 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.

KLA'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.

KLA's Inventory to Revenue for the three months ended in Sep. 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.


KLA Days Inventory Related Terms

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


KLA Business Description

Address
One Technology Drive, Milpitas, CA, USA, 95035
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
Executives
Richard P Wallace officer: Executive Vice President KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
Ahmad A. Khan officer: President, Semi Proc. Control ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Brian Lorig officer: Executive Vice President ONE TECHNOLOGY DRIVE, MILPITAS X1 95035
Bren D. Higgins officer: EVP & Chief Financial Officer ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Virendra A Kirloskar officer: SVP & Chief Accounting Officer 160 RIO ROBLES, SAN JOSE CA 95134
Mary Beth Wilkinson officer: EVP, CLO and Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Oreste Donzella officer: Executive Vice President ONE TECHNOLOGY DRIVE, MILPITAS CA 95035
Victor Peng director MIPS TECHNOLOGIES INC, 1225 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Kevin Kennedy director
Marie Myers director 3000 HANOVER STREET, PALO ALTO CA 94304
Gary B Moore director 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
Emiko Higashi director C/O GILO VENTURES, 175 ALMENDRAL AVENUE, ATHERTON CA 94027
Michael R. Mcmullen director 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034