Days Inventory is also known as Days Sales of Inventory (DSI). KLA's Average Total Inventories for the
three
months ended in Dec. 2023 was $3,023 Mil. KLA's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $977 Mil.
Hence, KLA's Days Inventory for the
three
months ended in Dec. 2023 was 282.43.
The historical rank and industry rank for KLA's Days Inventory or its related term are showing as below:
KLAC'
s Days Inventory Range Over the Past 10 Years
Min: 189.1 Med: 197.43 Max: 266.5
Current: 266.5
During the past 13 years, KLA's highest Days Inventory was 266.50. The lowest was 189.10. And the median was 197.43.
KLAC's Days Inventory is ranked worse than 82.25% of 941
companies
in the Semiconductors industry
Industry Median: 130.7
vs KLAC: 266.50
KLA's Days Inventory
increased
from Dec. 2022 (186.60) to Dec. 2023 (282.43).
It might indicate that KLA's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
KLA's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.32.
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.
KLA's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.22.
KLA Days Inventory Historical Data
The historical data trend for KLA'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.
For the Semiconductor Equipment & Materials subindustry, KLA'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.
KLA's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, KLA's Days Inventory distribution charts can be found below:
* The bar in red indicates where KLA's Days Inventory falls into.
KLA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
KLA's Days Inventory for the fiscal year that ended in Jun. 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.
KLA (NAS:KLAC) 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.
KLA's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
KLA's Inventory to Revenue for the
three
months ended in Dec. 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.
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.
KLA Days Inventory Related Terms
Thank you for viewing the detailed overview of KLA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
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