March 6, 2019 / 10:12 AM / 20 days ago

Dialog expects inventory days to rise in first-quarter after fourth-quarter drop

Dialog semiconductor logo is pictured at a company building in Germering near Munich, Germany August 15, 2016. REUTERS/Michaela Rehle

FRANKFURT (Reuters) - Dialog Semiconductor expects inventories of its products to grow in the first quarter in terms of the number of days’ demand covered after a decline in the fourth quarter, CFO Wissam Jabre told analysts on a conference call.

Inventory cover fell by three days to 61 days in the fourth quarter from the third quarter, Dialog said in a presentation on its fourth-quarter results.

Inventory buildups typically occur in the supply chain when demand is not keeping pace with production.

Reporting by Douglas Busvine, Editing by Tassilo Hummel

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