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Melexis NV (Melexis NV) Days Inventory : 173.30 (As of Mar. 2024)


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What is Melexis NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Melexis NV's Average Total Inventories for the three months ended in Mar. 2024 was $279 Mil. Melexis NV's Cost of Goods Sold for the three months ended in Mar. 2024 was $147 Mil. Hence, Melexis NV's Days Inventory for the three months ended in Mar. 2024 was 173.30.

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

MLXSF' s Days Inventory Range Over the Past 10 Years
Min: 103.85   Med: 128.69   Max: 156.58
Current: 156.58

During the past 13 years, Melexis NV's highest Days Inventory was 156.58. The lowest was 103.85. And the median was 128.69.

MLXSF's Days Inventory is ranked worse than
62.46% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs MLXSF: 156.58

Melexis NV's Days Inventory increased from Mar. 2023 (133.96) to Mar. 2024 (173.30). It might indicate that Melexis NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Melexis NV's Inventory Turnover for the three months ended in Mar. 2024 was 0.53.

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. Melexis NV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.06.


Melexis NV Days Inventory Historical Data

The historical data trend for Melexis NV'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.

Melexis NV Days Inventory Chart

Melexis NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.21 141.99 136.76 132.00 149.34

Melexis NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 133.96 146.34 150.89 156.72 173.30

Competitive Comparison of Melexis NV's Days Inventory

For the Semiconductors subindustry, Melexis NV'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.


Melexis NV's Days Inventory Distribution in the Semiconductors Industry

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

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



Melexis NV Days Inventory Calculation

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

Melexis NV's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (190.306 + 277.37) / 2 ) / 571.514*365
=233.838 / 571.514*365
=149.34

Melexis NV's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (277.37 + 280.146) / 2 ) / 146.774*365 / 4
=278.758 / 146.774*365 / 4
=173.30

* 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.


Melexis NV  (OTCPK:MLXSF) 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.

Melexis NV's Inventory Turnover for the three months ended in Mar. 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.

Melexis NV's Inventory to Revenue for the three months ended in Mar. 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.


Melexis NV Days Inventory Related Terms

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


Melexis NV (Melexis NV) Business Description

Traded in Other Exchanges
Address
Rozendaalstraat 12, Ieper, BEL, 8900
Melexis designs sensor integrated circuits, which are a type of analog/mixed-signal chip, for the automobile industry. Its chips measure variables like positioning, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among many others.

Melexis NV (Melexis NV) Headlines

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