Days Inventory is also known as Days Sales of Inventory (DSI). NVIDIA's Average Total Inventories for the
three
months ended in Jan. 2024 was $5,031 Mil. NVIDIA's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $5,312 Mil.
Hence, NVIDIA's Days Inventory for the
three
months ended in Jan. 2024 was 86.41.
The historical rank and industry rank for NVIDIA's Days Inventory or its related term are showing as below:
NVDA'
s Days Inventory Range Over the Past 10 Years
Min: 74.56 Med: 83.6 Max: 121.96
Current: 106.07
During the past 13 years, NVIDIA's highest Days Inventory was 121.96. The lowest was 74.56. And the median was 83.60.
NVDA's Days Inventory is ranked better than 60.17% of 939
companies
in the Semiconductors industry
Industry Median: 131.48
vs NVDA: 106.07
NVIDIA's Days Inventory
declined
from Jan. 2023 (197.74) to Jan. 2024 (86.41).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NVIDIA's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.06.
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.
NVIDIA's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.23.
NVIDIA Days Inventory Historical Data
The historical data trend for NVIDIA'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.
NVIDIA Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Days Inventory
112.31
81.53
85.67
121.96
114.64
NVIDIA Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
197.74
175.22
100.72
87.94
86.41
Competitive Comparison
For the Semiconductors subindustry, NVIDIA'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.
NVIDIA Days Inventory Distribution
For the Semiconductors industry and Technology sector, NVIDIA's Days Inventory distribution charts can be found below:
* The bar in red indicates where NVIDIA's Days Inventory falls into.
NVIDIA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NVIDIA's Days Inventory for the fiscal year that ended in Jan. 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.
NVIDIA (NAS:NVDA) 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.
NVIDIA's Inventory Turnover for the
three
months ended in Jan. 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.
NVIDIA's Inventory to Revenue for the
three
months ended in Jan. 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.
NVIDIA Days Inventory Related Terms
Thank you for viewing the detailed overview of NVIDIA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
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