Seagate Technology Holdings (HAM:847) Days Inventory : 83.11 (As of Mar. 2024)

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What is Seagate Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seagate Technology Holdings's Average Total Inventories for the three months ended in Mar. 2024 was €1,031 Mil. Seagate Technology Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,132 Mil. Hence, Seagate Technology Holdings's Days Inventory for the three months ended in Mar. 2024 was 83.11.

The historical rank and industry rank for Seagate Technology Holdings's Days Inventory or its related term are showing as below:

HAM:847' s Days Inventory Range Over the Past 10 Years
Min: 33.98 Med: 48.5 Max: 81.86
Current: 81.86

During the past 13 years, Seagate Technology Holdings's highest Days Inventory was 81.86. The lowest was 33.98. And the median was 48.50.

HAM:847's Days Inventory is ranked better than
62.65% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs HAM:847: 81.86

Seagate Technology Holdings's Days Inventory increased from Mar. 2023 (71.26) to Mar. 2024 (83.11). It might indicate that Seagate Technology Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seagate Technology Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 1.10.

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. Seagate Technology Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.68.

Seagate Technology Holdings Days Inventory Historical Data

The historical data trend for Seagate Technology Holdings'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.

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Seagate Technology Holdings Days Inventory Chart

Seagate Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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48.66

50.19

57.02

58.40

83.01

Seagate Technology Holdings 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															71.26	82.75	76.04	81.38	83.11

Competitive Comparison of Seagate Technology Holdings's Days Inventory

For the Computer Hardware subindustry, Seagate Technology Holdings'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.

Seagate Technology Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seagate Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Days Inventory falls into.

Seagate Technology Holdings Days Inventory Calculation

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

Seagate Technology Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1480.49	+	1052.22)	/	2 )	/	5568.459	*	365
=	1266.355					/	5568.459	*	365
=	83.01

Seagate Technology Holdings'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
=	( (965.601	+	1095.72)	/	2 )	/	1131.6	*	365 / 4
=	1030.6605					/	1131.6	*	365 / 4
=	83.11

Seagate Technology Holdings (HAM:847) 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.

Seagate Technology Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1131.6	/	1030.6605
	=	1.10

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.

Seagate Technology Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1030.6605	/	1522.6
	=	0.68

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.

Seagate Technology Holdings Days Inventory Related Terms

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

Seagate Technology Holdings (HAM:847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seagate Technology Holdings PLC (HAM:847) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

STX:USA STX:Mexico 847:Germany 847:Germany STXH:Austria

Address

38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53

Website

https://www.seagate.com

Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

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