“Our guidance on that is 130 to 190 days.”

In context

“e Pahl: Great. Thank you, Vivek. And we’ll go to the next caller, please. Operator: Thank you. We'll hear next from Toshiya Hari with Goldman Sachs. Toshiya Hari: Hi, guys. Thanks so much for taking the question. Your days of inventory came in at 116. And as you pointed out, you're still below where you'd like to be. But to the extent you have visibility into customer inventory, how would you characterize where they are today? And where do you see them going, going forward? Rafael Lizardi: Well, so I'll start, and I'll comment on our own inventories. And Dave, if you want to add to that. But yes, you pointed out is our inventory days are 116. That is higher by about four days from last quarter, but still well below where we want to be. And our goal is to be significantly higher than that. Our guidance on that is 130 to 190 days. Just know that that's a very tactical metric, because it's just based on one quarter. The bottom line is that we want to have more inventory. And in that measure, I would not be uncomfortable at the very high end or even above the high end of that measure at some point, 190 days of inventory. Dave Pahl: Yes. And I think just I'll follow up with -- as I commented before, we just don't have direct visibility into customer inventory. So it's not something that we can measure directly. Yes, go on Toshiya Toshiya Hari: Yes, I do. Thank you. I wanted to ask about OpEx, a fairly mundane item, but you've done an incredible job in leveraging OpEx over the past couple of years, during which revenue has gone up significantly, particularly considering kind of the inflationary environment and the com”