Analysis of Inventory
Paying user area
Try for free
Cadence Design Systems Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Debt to Equity since 2005
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Cadence Design Systems Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Inventory Disclosure
Cadence Design Systems Inc., balance sheet: inventory
US$ in thousands
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Raw materials | |||||||||||
| Work-in-process | |||||||||||
| Finished goods | |||||||||||
| Inventories |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- Raw Materials
- The value of raw materials has shown a consistent upward trend from 2020 through 2024. Starting at 63,647 thousand US dollars in 2020, it increased to 88,629 thousand in 2021, 113,982 thousand in 2022, and 162,754 thousand in 2023, reaching 243,244 thousand in 2024. This steady increase indicates a significant buildup in raw material inventory over the five-year period.
- Work-in-Process Inventory
- This category appears to have missing data for the years 2020 through 2023, with a recorded figure of 1,216 thousand US dollars only in 2024. The absence of prior data makes it difficult to evaluate a trend, but the presence of a value in 2024 suggests increased tracking or accumulation in this inventory type in the most recent year.
- Finished Goods
- Finished goods inventory experienced fluctuations over the analyzed period. It started at 12,309 thousand US dollars in 2020, increased significantly to 27,092 thousand in 2021, but then declined to 14,023 thousand in 2022. This was followed by a moderate rise to 18,907 thousand in 2023, and another decrease to 13,251 thousand in 2024. Overall, the finished goods inventory shows volatility without a clear upward or downward trend.
- Total Inventories
- Total inventories displayed a consistent increase, reflecting the aggregation of raw materials, work-in-process, and finished goods. Beginning at 75,956 thousand US dollars in 2020, inventories rose to 115,721 thousand in 2021, 128,005 thousand in 2022, and 181,661 thousand in 2023, culminating at 257,711 thousand in 2024. The pattern signifies an overall expansion of inventory levels, primarily driven by the rise in raw materials and the addition of work-in-process inventory data in 2024.