Semtech Corporation (SMTC)
Days of inventory on hand (DOH)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 9.21 | 6.95 | 5.87 | 3.21 | 2.90 | 4.10 | 4.34 | 4.28 | 3.92 | 4.24 | 4.18 | 4.40 | 4.58 | 5.13 | 5.02 | 5.10 | 5.38 | 5.12 | 5.06 | 5.24 | |
| DOH | days | 39.62 | 52.49 | 62.17 | 113.81 | 126.04 | 89.09 | 84.04 | 85.25 | 93.04 | 86.04 | 87.32 | 82.90 | 79.71 | 71.15 | 72.65 | 71.64 | 67.88 | 71.29 | 72.16 | 69.71 |
January 28, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.21
= 39.62
The days of inventory on hand (DOH) for Semtech Corporation has fluctuated over the past few quarters. From January 2020 to July 2020, the DOH ranged from 67.88 to 72.65 days, showing relatively stable inventory management. However, there was a significant increase in DOH to 113.81 days in April 2023, which suggests potential issues with inventory management efficiency during that period.
Subsequently, there was a gradual decrease in DOH to 39.62 days by January 2024, indicating improvements in inventory management practices. Overall, it is important for Semtech Corporation to monitor and control their inventory levels to ensure optimal balance between holding costs and stock availability to meet customer demand.
Peer comparison
Jan 28, 2024