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Allegro Microsystems (Allegro Microsystems) Days Inventory : 127.53 (As of Dec. 2023)


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What is Allegro Microsystems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Allegro Microsystems's Average Total Inventories for the three months ended in Dec. 2023 was $169 Mil. Allegro Microsystems's Cost of Goods Sold for the three months ended in Dec. 2023 was $121 Mil. Hence, Allegro Microsystems's Days Inventory for the three months ended in Dec. 2023 was 127.53.

The historical rank and industry rank for Allegro Microsystems's Days Inventory or its related term are showing as below:

ALGM' s Days Inventory Range Over the Past 10 Years
Min: 87.74   Med: 118.14   Max: 125.48
Current: 120.73

During the past 5 years, Allegro Microsystems's highest Days Inventory was 125.48. The lowest was 87.74. And the median was 118.14.

ALGM's Days Inventory is ranked better than
55.05% of 941 companies
in the Semiconductors industry
Industry Median: 130.44 vs ALGM: 120.73

Allegro Microsystems's Days Inventory increased from Dec. 2022 (93.66) to Dec. 2023 (127.53). It might indicate that Allegro Microsystems'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. Allegro Microsystems's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Allegro Microsystems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.


Allegro Microsystems Days Inventory Historical Data

The historical data trend for Allegro Microsystems'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.

Allegro Microsystems Days Inventory Chart

Allegro Microsystems Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
118.14 121.17 125.48 87.74 101.35

Allegro Microsystems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 93.66 106.22 123.39 136.58 127.53

Competitive Comparison of Allegro Microsystems's Days Inventory

For the Semiconductors subindustry, Allegro Microsystems'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.


Allegro Microsystems's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Allegro Microsystems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Allegro Microsystems's Days Inventory falls into.



Allegro Microsystems Days Inventory Calculation

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

Allegro Microsystems's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (86.16 + 151.301) / 2 ) / 427.574*365
=118.7305 / 427.574*365
=101.35

Allegro Microsystems's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (173.089 + 165.553) / 2 ) / 121.156*365 / 4
=169.321 / 121.156*365 / 4
=127.53

* 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.


Allegro Microsystems  (NAS:ALGM) 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.

Allegro Microsystems'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.

Allegro Microsystems'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.


Allegro Microsystems Days Inventory Related Terms

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


Allegro Microsystems (Allegro Microsystems) Business Description

Traded in Other Exchanges
Address
955 Perimeter Road, Manchester, NH, USA, 03103
Allegro Microsystems Inc is a designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the critical emerging technologies in the automotive and industrial markets. It is a supplier of power ICs. Its sensor IC allow customers to precisely measure motion, speed, position and current. At the same time, its power ICs include high-temperature and high-voltage capable motor driver, power management and LED driver ICs. Its products are divided into three categories such as SENSE which include Current Sensors, Switches and Latches, Linear and Angular Position, Magnetic Speed Sensors, and Photonics; REGULATE which include Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC and Stepper Driver.
Executives
Vineet A Nargolwala director, officer: President and CEO 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Derek D'antilio officer: SVP, CFO & Treasurer C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Joseph R Martin director
Michael Doogue officer: SVP, CTO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Suman Narayan officer: SVP, Products 955 PERIMETER ROAD, MANCHESTER NH 03103
Sharon Briansky officer: SVP, GC and Secretary C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Roald Graham Webster officer: VP, Chief Accounting Officer 955 PERIMETER RD, MANCHESTER NH 03103
Richard R. Lury director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Susan D Lynch director 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Max R. Glover officer: SVP of Worldwide Sales C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Oep Skna, L.p. 10 percent owner 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Joanne Valente officer: SVP, CHRO C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Katsumi Kawashima director 955 PERIMETER ROAD, MANCHESTER NH 03103
Kojiro Hatano director 955 PERIMETER ROAD, MANCHESTER NH 03103