Analog Devices (LTS:0HFN) Inventory Turnover : 0.71 (As of Oct. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Analog Devices Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Analog Devices's Cost of Goods Sold for the three months ended in Oct. 2024 was $1,027 Mil. Analog Devices's Average Total Inventories for the quarter that ended in Oct. 2024 was $1,438 Mil. Analog Devices's Inventory Turnover for the quarter that ended in Oct. 2024 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Analog Devices's Days Inventory for the three months ended in Oct. 2024 was 127.74.

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. Analog Devices's Inventory-to-Revenue for the quarter that ended in Oct. 2024 was 0.59.

Analog Devices Inventory Turnover Historical Data

The historical data trend for Analog Devices's Inventory Turnover 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.

Analog Devices Inventory Turnover Chart

Analog Devices Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Inventory Turnover

Get a 7-Day Free Trial

3.14

3.09

3.45

2.91

2.62

Analog Devices Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Inventory Turnover	Get a 7-Day Free Trial															0.64	0.65	0.65	0.69	0.71

Analog Devices Inventory Turnover Calculation

Analog Devices's Inventory Turnover for the fiscal year that ended in Oct. 2024 is calculated as

	Inventory Turnover (A: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2024 )	/ (	(Total Inventories (A: Oct. 2023 )	+	Total Inventories (A: Oct. 2024 ))	/	count )
=	4045.814	/ (	(1642.214	+	1447.687)	/	2 )
=	4045.814	/	1544.9505
=	2.62

Analog Devices's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

	Inventory Turnover (Q: Oct. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2024 )	/ (	(Total Inventories (Q: Jul. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )
=	1027.077	/ (	(1427.936	+	1447.687)	/	2 )
=	1027.077	/	1437.8115
=	0.71

Analog Devices (LTS:0HFN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Analog Devices's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2024 )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
	=	1437.8115	/	1027.077	*	365 / 4
	=	127.74

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.

Analog Devices's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2024 )	/	Revenue (Q: Oct. 2024 )
	=	1437.8115	/	2443.205
	=	0.59

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Analog Devices Inventory Turnover Related Terms

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

Analog Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Analog Devices Inc (LTS:0HFN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ADI:USA ADI:Mexico 1ADI:Italy ANL:Germany ANL:Germany ANL:Germany A1DI34:Brazil ADI:Argentina

Address

One Analog Way, Wilmington, MA, USA, 01887

Website

https://www.analog.com

Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.

Analog Devices Headlines

No Headlines