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Microchip Technology (LTS:0K19) Days Inventory : 243.89 (As of Sep. 2024)


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What is Microchip Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Microchip Technology's Average Total Inventories for the three months ended in Sep. 2024 was $1,324 Mil. Microchip Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was $495 Mil. Hence, Microchip Technology's Days Inventory for the three months ended in Sep. 2024 was 243.89.

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

LTS:0K19' s Days Inventory Range Over the Past 10 Years
Min: 80.05   Med: 113.75   Max: 221.06
Current: 221.06

During the past 13 years, Microchip Technology's highest Days Inventory was 221.06. The lowest was 80.05. And the median was 113.75.

LTS:0K19's Days Inventory is ranked worse than
77.71% of 951 companies
in the Semiconductors industry
Industry Median: 123.42 vs LTS:0K19: 221.06

Microchip Technology's Days Inventory increased from Sep. 2023 (167.42) to Sep. 2024 (243.89). It might indicate that Microchip Technology's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microchip Technology'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. Microchip Technology's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.14.


Microchip Technology Days Inventory Historical Data

The historical data trend for Microchip Technology'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.

Microchip Technology Days Inventory Chart

Microchip Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.50 119.68 116.94 145.11 182.65

Microchip Technology 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 167.42 186.68 223.66 237.35 243.89

Competitive Comparison of Microchip Technology's Days Inventory

For the Semiconductors subindustry, Microchip Technology'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.


Microchip Technology's Days Inventory Distribution in the Semiconductors Industry

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

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



Microchip Technology Days Inventory Calculation

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

Microchip Technology's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1324.9 + 1316) / 2 ) / 2638.7*365
=1320.45 / 2638.7*365
=182.65

Microchip Technology'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
=( (1308 + 1339.6) / 2 ) / 495.3*365 / 4
=1323.8 / 495.3*365 / 4
=243.89

* 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.


Microchip Technology  (LTS:0K19) 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.

Microchip Technology'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.

Microchip Technology'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.


Microchip Technology Days Inventory Related Terms

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


Microchip Technology Business Description

Address
2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.

Microchip Technology Headlines

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