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 Average Total Inventories for the quarter that ended in Jan. 2024 was $1,598 Mil. Analog Devices's Revenue for the
three
months ended in Jan. 2024 was $2,513 Mil.
Analog Devices's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.64.
Analog Devices's Inventory-to-Revenue for the quarter that ended in Jan. 2024
increased
from Oct. 2023 (0.62) to Oct. 2023 (0.64)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
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 Jan. 2024 was 140.35.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Analog Devices's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.65.
Analog Devices Inventory-to-Revenue Historical Data
The historical data trend for Analog Devices's Inventory-to-Revenue 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.
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Analog Devices Annual Data
Trend
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Oct22
Oct23
Inventory-to-Revenue
0.10
0.11
0.12
0.11
0.12
Analog Devices Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Inventory-to-Revenue
0.45
0.49
0.55
0.62
0.64
Competitive Comparison
For the Semiconductors subindustry, Analog Devices's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Analog Devices Inventory-to-Revenue Distribution
For the Semiconductors industry and Technology sector, Analog Devices's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Analog Devices's Inventory-to-Revenue falls into.
Analog Devices Inventory-to-Revenue Calculation
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 fiscal year that ended in Oct. 2023 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.
Analog Devices (NAS:ADI) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
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 Jan. 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.
Analog Devices Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Analog Devices's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Analog Devices (Analog Devices) Business Description
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.
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