Lam Research(LRCX) - 2024 Q1 - Earnings Call Presentation

Days Sales Outstanding 73 Days 80 Days $3.7B +/-$300M Elective deferred compensation ("EDC") related liability valuation (decrease) increase - cost of goods sold (591) 4,288 Net income tax benefit on non-GAAP items (3,098) (1,146) Pre-tax non-GAAP items: EDC related liability valuation decrease (increase) 1,773 (12,865) Depreciation Expense $76M$76M LAM LAM RESEARCH Product rationalization - selling, general and administrative — (2,891) LAM R E S E AR C H U.S. GAAP gross margin as a percentage of revenue ...