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Integrated Device Technology (Integrated Device Technology) Total Inventories : $66.1 Mil (As of Dec. 2018)


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What is Integrated Device Technology Total Inventories?

Integrated Device Technology's total inventories for the quarter that ended in Dec. 2018 was $66.1 Mil. Integrated Device Technology's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $63.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Integrated Device Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-1.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Integrated Device Technology's Days Inventory for the three months ended in Dec. 2018 was 63.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Integrated Device Technology's Inventory Turnover for the quarter that ended in Dec. 2018 was 1.44.

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. Integrated Device Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.26.


Integrated Device Technology Total Inventories Historical Data

The historical data trend for Integrated Device Technology's Total Inventories 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.

Integrated Device Technology Total Inventories Chart

Integrated Device Technology Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.62 45.41 54.24 52.29 68.70

Integrated Device Technology Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Total Inventories 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 63.89 68.70 66.18 61.08 66.14

Integrated Device Technology Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Integrated Device Technology  (NAS:IDTI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Integrated Device Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(444.368+0.75 * 119.909+0.5 * 66.142-769.654
-0-0)/128.992
=-1.57

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

Integrated Device Technology's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=63.61/91.311*365 / 4
=63.57

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

Integrated Device Technology's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=91.311 / 63.61
=1.44

4. 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.

Integrated Device Technology's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=63.61 / 240.587
=0.26

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Integrated Device Technology Total Inventories Related Terms

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Integrated Device Technology (Integrated Device Technology) Business Description

Traded in Other Exchanges
N/A
Address
6024 Silver Creek Valley Road, San Jose, CA, USA, 95138
Integrated Device Technology provides mixed-signal solutions including radio frequency, timing, wireless power transfer, serial switching, interfaces, and sensing. The firm's products are organized into two segments based on end markets: communications; and computing, consumer, and industrial. These products are used for development in 4G infrastructure, network communications, cloud data centers, and power management for mobile devices. Roughly half of the firm's revenue is generated in Hong Kong, with the rest coming from South Korea, Europe, and the Asia-Pacific region.
Executives
S Kenneth Kannappan director 337 ENCINAL ST SANTA CRUZ CA 95060
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Gordon W Parnell director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Brian C White officer: SVP, CHIEF FINANCIAL OFFICER C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Gregory L Waters officer: President & CEO ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Norman P Taffe director 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Xianzhi Sean Fan officer: Sr Vice President&Corporate GM C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Umesh Padval director BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Donald E Schrock director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Jeffrey Stephen Mccreary director C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Tewksbury Ted L Iii director, officer: CHIEF EXECUTIVE OFFICER C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Kelley Steven-waiss officer: VP HUMAN RESOURCES 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Paul E Rolls officer: SR. VP WORLDWIDE SALES & C/O ON SEMICONDUCTOR, 5005 E MCDOWELL RD MD A700, PHOENIX AZ 85008
Lewis C Eggebrecht director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138