Silicon Motion Technology (Silicon Motion Technology) Inventory-to-Revenue

: 1.03 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

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. Silicon Motion Technology's Average Total Inventories for the quarter that ended in Dec. 2023 was $208.0 Mil. Silicon Motion Technology's Revenue for the three months ended in Dec. 2023 was $202.4 Mil. Silicon Motion Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.03.

Silicon Motion Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.30) to Sep. 2023 (1.03)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silicon Motion Technology's Days Inventory for the three months ended in Dec. 2023 was 166.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silicon Motion Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.55.

Silicon Motion Technology Inventory-to-Revenue Historical Data

The historical data trend for Silicon Motion Technology'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.19 [6] => 0.18 [7] => 0.15 [8] => 0.24 [9] => 0.40 )

Silicon Motion Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.19

0.18

0.15

0.24

0.40

Silicon Motion Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue																1.48	2.40	1.99	1.30	1.03

Competitive Comparison

For the Semiconductors subindustry, Silicon Motion Technology'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.

Silicon Motion Technology Inventory-to-Revenue Distribution

For the Semiconductors industry and Technology sector, Silicon Motion Technology's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Silicon Motion Technology's Inventory-to-Revenue falls into.

Silicon Motion Technology Inventory-to-Revenue Calculation

Silicon Motion Technology's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (287.964	+	216.95)	/	2 )	/	639.142
=	252.457					/	639.142
=	0.39

Silicon Motion Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (199.003	+	216.95)	/	2 )	/	202.379
=	207.9765					/	202.379
=	1.03

Silicon Motion Technology (NAS:SIMO) 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:

More Related Terms:

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

Silicon Motion Technology's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	207.9765	/	113.854	*	365 / 4
	=	166.69

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Silicon Motion Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	113.854	/	207.9765
	=	0.55

Silicon Motion Technology Inventory-to-Revenue Related Terms

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

Silicon Motion Technology (Silicon Motion Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Silicon Motion Technology Corp (NAS:SIMO) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

S9M:Germany

Address

Nos 19-25 Jervois Street, Flat C, 19th Floor, Wing Cheong Commercial Building, Hong Kong Island, Hong Kong, HKG

Website

https://www.siliconmotion.com

Silicon Motion Technology Corp is active in the semiconductor industry and focuses on designing, developing, and marketing of controllers for managing NAND flash used in embedded storage applications, such as eMMC embedded memory. Its only operating segment is to develop NAND flash controllers and SSDs solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.