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ASML Holding NV (ASML Holding NV) Days Inventory

: 329.76 (As of Mar. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). ASML Holding NV's Average Total Inventories for the three months ended in Mar. 2024 was $10,187 Mil. ASML Holding NV's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,819 Mil. Hence, ASML Holding NV's Days Inventory for the three months ended in Mar. 2024 was 329.76.

The historical rank and industry rank for ASML Holding NV's Days Inventory or its related term are showing as below:

ASML' s Days Inventory Range Over the Past 10 Years
Min: 197.32   Med: 214.32   Max: 276.72
Current: 229.19

During the past 13 years, ASML Holding NV's highest Days Inventory was 276.72. The lowest was 197.32. And the median was 214.32.

ASML's Days Inventory is ranked worse than
74.01% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs ASML: 229.19

ASML Holding NV's Days Inventory increased from Mar. 2023 (198.70) to Mar. 2024 (329.76). It might indicate that ASML Holding NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ASML Holding NV's Inventory Turnover for the three months ended in Mar. 2024 was 0.28.

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. ASML Holding NV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.77.


ASML Holding NV Days Inventory Historical Data

The historical data trend for ASML Holding NV'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.

* Premium members only.

ASML Holding NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 204.56 204.54 209.39 221.72 215.43

ASML Holding NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 198.70 204.32 230.59 221.02 329.76

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV'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.


ASML Holding NV Days Inventory Distribution

For the Semiconductors industry and Technology sector, ASML Holding NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where ASML Holding NV's Days Inventory falls into.



ASML Holding NV Days Inventory Calculation

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

ASML Holding NV's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (7626.801 + 9651.799) / 2 ) / 14637.296*365
=8639.3 / 14637.296*365
=215.43

ASML Holding NV'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
=( (9651.799 + 10722.283) / 2 ) / 2818.913*365 / 4
=10187.041 / 2818.913*365 / 4
=329.76

* 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.


ASML Holding NV  (NAS:ASML) 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.

ASML Holding NV's Inventory Turnover for the three months ended in Mar. 2024 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.

ASML Holding NV's Inventory to Revenue for the three months ended in Mar. 2024 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.


ASML Holding NV Days Inventory Related Terms

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


ASML Holding NV (ASML Holding NV) Business Description

Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.