Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

$24.99

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Synopsys Inc., balance sheet: inventory

US$ in thousands

Microsoft Excel
Oct 31, 2025 Oct 31, 2024 Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020
Inventories

Based on: 10-K (reporting date: 2025-10-31), 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31).


The reported inventories exhibited a fluctuating pattern over the observed six-year period. An initial increase was followed by a decrease, then a substantial rise, with subsequent stabilization.

Overall Trend
From October 31, 2020, to October 31, 2023, inventories generally increased. A significant jump occurred between 2022 and 2023. Following 2023, the inventory levels remained relatively stable.
Initial Increase (2020-2021)
Inventories increased from US$192,333 thousand in 2020 to US$229,023 thousand in 2021, representing a growth of approximately 18.9%. This suggests a potential increase in production, anticipated demand, or changes in supply chain management during this period.
Subsequent Decrease (2021-2022)
A decrease in inventories was observed between 2021 and 2022, with the value declining to US$211,927 thousand. This represents a reduction of approximately 7.9% from the prior year. This could be attributed to improved inventory turnover, reduced production, or a decrease in demand.
Significant Increase (2022-2023)
The most substantial change occurred between 2022 and 2023, with inventories rising to US$325,590 thousand. This represents a growth of approximately 53.8%. This considerable increase warrants further investigation to determine the underlying causes, such as a build-up of finished goods, raw materials accumulation, or strategic inventory positioning.
Stabilization (2023-2025)
From 2023 to 2025, inventory levels demonstrated relative stability. The value increased slightly from US$325,590 thousand to US$365,190 thousand, representing a cumulative growth of approximately 12.2%. This suggests that the company has managed to maintain inventory levels after the significant increase in 2023.

The fluctuations in inventory levels suggest potential responsiveness to market conditions or internal operational changes. The substantial increase in 2023, followed by stabilization, is a key area for further analysis to understand its impact on working capital and overall financial performance.