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SanDisk (SanDisk) Inventory-to-Revenue : 0.62 (As of Mar. 2016)


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What is SanDisk Inventory-to-Revenue?

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. SanDisk's Average Total Inventories for the quarter that ended in Mar. 2016 was $845 Mil. SanDisk's Revenue for the three months ended in Mar. 2016 was $1,366 Mil. SanDisk's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.62.

SanDisk's Inventory-to-Revenue for the quarter that ended in Mar. 2016 increased from Dec. 2015 (0.52) to Dec. 2015 (0.62)

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. SanDisk's Days Inventory for the three months ended in Mar. 2016 was 93.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. SanDisk's Inventory Turnover for the quarter that ended in Mar. 2016 was 0.97.


SanDisk Inventory-to-Revenue Historical Data

The historical data trend for SanDisk'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.

SanDisk Inventory-to-Revenue Chart

SanDisk Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.14 0.12 0.11 0.14

SanDisk Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Inventory-to-Revenue 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 0.53 0.60 0.54 0.52 0.62

Competitive Comparison of SanDisk's Inventory-to-Revenue

For the Computer Hardware subindustry, SanDisk'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.


SanDisk's Inventory-to-Revenue Distribution in the Hardware Industry

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

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



SanDisk 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.

SanDisk's Inventory-to-Revenue for the fiscal year that ended in Dec. 2015 is calculated as

Inventory-to-Revenue (A: Dec. 2015 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Revenue (A: Dec. 2015 )
=( (698.011 + 809.395) / 2 ) / 5564.872
=753.703 / 5564.872
=0.14

SanDisk's Inventory-to-Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue (Q: Mar. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count ) / Revenue (Q: Mar. 2016 )
=( (809.395 + 881.056) / 2 ) / 1365.736
=845.2255 / 1365.736
=0.62

* 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.


SanDisk  (NAS:SNDK) 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.

SanDisk's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2016 )/Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=845.2255/822.411*365 / 4
=93.78

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

SanDisk's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2016 ) / Average Total Inventories (Q: Mar. 2016 )
=822.411 / 845.2255
=0.97

* 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.


SanDisk Inventory-to-Revenue Related Terms

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


SanDisk (SanDisk) Business Description

Traded in Other Exchanges
N/A
Address
SanDisk Corp was incorporated in Delaware in June 1988. The Company designs, develops and manufactures data storage solutions in a variety of form factors using flash memory, controller, firmware and software technologies. Its solutions include SSDs, embedded products, removable cards, universal serial bus, or USB, drives, wireless media drives, digital media players and wafers and components. The Company's SSD products are used in both client computing platforms and enterprise data centers. Its embedded flash products are used in mobile phones, tablets, computing platforms, imaging devices, and many other products. Its removable cards are used in consumer electronics devices such as mobile phones, tablets, digital cameras, gaming devices and personal computers or PCs. The Company operates in one segment, flash memory storage products. It operates in United States, China, Taiwan, Other Asia-Pacific & Europe, Middle East and Africa. The Company competes with NAND flash memory manufacturers, including Hynix, Intel, Micron Technology, Inc., or Micron, Samsung and Toshiba. The Company's primary competitors currently include, among others, Kingston Technology Company, Inc., or Kingston, Lexar Media, Inc., or Lexar, a subsidiary of Micron, PNY Technologies, Inc., or PNY, Samsung, Sony and Transcend Information, Inc., or Transcend. In the USB flash drive market. SanDisk is the Company's trademark, and is registered in the U.S. and other countries.
Executives
Judy Bruner officer: Exec. VP, Administration, CFO C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Mark David Brazeal officer: SVP, Chief Legal Officer & IP 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Eddy W Hartenstein director
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael E Marks director
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Sanjay Mehrotra director, officer: President/CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Robertson Donald F Jr officer: VP & Chief Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Srinivasan Sivaram officer: EVP, Memory Technology C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Irwin Federman director 2735 SAND HILL ROAD, MENLO PARK CA 94025
Sumit Sadana officer: EVP, CSO & GM Enterprise 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Eric S Whitaker officer: SVP & Senior Legal Officer
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Randhir Thakur officer: EVP,Technology & Worldwide Ops C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039

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