Daktronics (Daktronics) Change In Inventory : $24.2 Mil (TTM As of Jan. 2024)

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What is Daktronics Change In Inventory?

Daktronics's change in inventory for the quarter that ended in Jan. 2024 was $1.8 Mil. It means Daktronics's inventory declined by $1.8 Mil from Oct. 2023 to Jan. 2024 .

Daktronics's change in inventory for the fiscal year that ended in Apr. 2023 was $-15.1 Mil. It means Daktronics's inventory increased by $15.1 Mil from Apr. 2022 to Apr. 2023 .

Daktronics's Total Inventories for the quarter that ended in Jan. 2024 was $140.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daktronics's Days Inventory for the quarter that ended in Jan. 2024 was 100.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daktronics's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.91.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Daktronics's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.83.

Daktronics Change In Inventory Historical Data

The historical data trend for Daktronics's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Daktronics Change In Inventory Chart

Daktronics Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Inventory

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-4.08

-8.35

13.90

-61.16

-15.06

Daktronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															4.31	15.28	4.42	2.64	1.82

Daktronics Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.2 Mil.

Daktronics (NAS:DAKT) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Daktronics's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	140.9485	/	128.585	*	365 / 4
	=	100.02

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Daktronics's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	128.585	/	140.9485
	=	0.91

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Daktronics's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	140.9485	/	170.303
	=	0.83

Daktronics Change In Inventory Related Terms

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Daktronics (Daktronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daktronics Inc (NAS:DAKT) » Definitions » Change In Inventory

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DA3:Germany DA3:Germany

Address

201 Daktronics Drive, Brookings, SD, USA, 57006

Website

https://www.daktronics.com

Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments such as Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes majority of its revenue from Live events.

Executives

Bradley T Wiemann	other: VP, Commercial & Trans Mkts	225 TRAIL RIDGE RD, BROOKINGS SD 57006
Matthew John Kurtenbach	other: VP of Manufacturing	1016 CHRISTINE AVE, BROOKINGS SD 57006
Howard I Atkins	director	OCCIDENTAL PETROLEUM CORPORATION, 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew David Siegel	director	1350 E FLAMINGO RD, #253, LAS VEGAS NV 89119
Shereta Diana Williams	director	1124 KNOTT ST SE, ATLANTA GA 30316-3124
Lance Dean Bultena	director	2620 N. UNDERWOOD STREET, ARLINGTON VA 22213
Reece A Kurtenbach	other: Vice President, Video Systems	201 DAKTRONICS DR., BROOKINGS SD 57006-5128
Sheila Mae Anderson	officer: CFO & Treasurer	3310 WALNUT LN, BROOKINGS SD 57006
Jose-marie Griffiths	director	1022 NE 9TH ST, MADISON SD 57042
Carla S Gatzke	officer: Secretary
John L Mulligan	director	2417 EAST SOLANO DR, PHOENIX AZ 85016
Nancy D Frame	director	P O BOX PCS 116, PARIS I0 09777
Byron J Anderson	director	395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
James B Morgan	director, officer: CEO & President	2834 WESTERN AVE S, BROOKINGS SD 57006
Kevin Patrick Mcdermott	director	436 ROYAL OAKS DRIVE, NASHVILLE TN 37205