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Days Inventory is also known as Days Sales of Inventory (DSI). Hutchinson Technology's Average Total Inventories for the three months ended in Jun. 2016 was $34.9 Mil. Hutchinson Technology's Cost of Goods Sold for the three months ended in Jun. 2016 was $46.1 Mil. Hence, Hutchinson Technology's Days Inventory for the three months ended in Jun. 2016 was 69.17.
The historical rank and industry rank for Hutchinson Technology's Days Inventory or its related term are showing as below:
Hutchinson Technology's Days Inventory declined from Jun. 2015 (83.63) to Jun. 2016 (69.17).
Inventory Turnover measures how fast the company turns over its inventory within a year. Hutchinson Technology's Inventory Turnover for the three months ended in Jun. 2016 was 1.32.
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. Hutchinson Technology's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.66.
The historical data trend for Hutchinson Technology's Days 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.
Hutchinson Technology Annual Data | |||||||||||||||||||||
Trend | Sep06 | Sep07 | Sep08 | Sep09 | Sep10 | Sep11 | Sep12 | Sep13 | Sep14 | Sep15 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 74.02 | 71.83 | 67.09 | 71.76 | 73.01 |
Hutchinson Technology Quarterly Data | ||||||||||||||||||||
Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | |
Days Inventory | Get a 7-Day Free Trial | 83.63 | 68.66 | 68.19 | 70.74 | 69.17 |
For the Electronic Components subindustry, Hutchinson Technology's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, Hutchinson Technology's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hutchinson Technology's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hutchinson Technology's Days Inventory for the fiscal year that ended in Sep. 2015 is calculated as
Days Inventory (A: Sep. 2015 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Sep. 2014 ) | + | Total Inventories (A: Sep. 2015 )) | / | count ) | / | Cost of Goods Sold (A: Sep. 2015 ) | * | Days in Period |
= | ( (48.978 | + | 40.148) | / | 2 ) | / | 222.791 | * | 365 |
= | 44.563 | / | 222.791 | * | 365 | ||||
= | 73.01 |
Hutchinson Technology's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:
Days Inventory (Q: Jun. 2016 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2016 ) | + | Total Inventories (Q: Jun. 2016 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2016 ) | * | Days in Period |
= | ( (37.242 | + | 32.586) | / | 2 ) | / | 46.062 | * | 365 / 4 |
= | 34.914 | / | 46.062 | * | 365 / 4 | ||||
= | 69.17 |
* 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.
Hutchinson Technology (NAS:HTCH) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Hutchinson Technology's Inventory Turnover for the three months ended in Jun. 2016 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 46.062 | / | 34.914 | |
= | 1.32 |
2. 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.
Hutchinson Technology's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 34.914 | / | 53.196 | |
= | 0.66 |
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Thank you for viewing the detailed overview of Hutchinson Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wayne M Fortun | director, other: Chairman of the Board | HUTCHINSON TECHNOLOGY INC, 40 WEST HIGHLAND PARK, HUTCHINSON MN 55350 |
Martha Goldberg Aronson | director | 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350 |
Russell Huffer | director | C/O APOGEE ENTERPRISES INC, 7900 XERXES AVE S STE 1000, MINNEAPOLIS MN 55431 |
Thomas R Verhage | director | 6513 CROWN COLONY PLACE #101, NAPLES FL 34108 |
Philip Soran | director | 12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344 |
Frank P Russomanno | director | C/O EMRISE CORPORATION, 2530 MERIDIAN PARKWAY, DURHAM NC 27713 |
William T Monahan | director | IMATION, 1 IMATION PL, OAKDALE MN 55128 |
Mark A Augusti | director | 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350 |
Gary Henley | director | 5677 AIRLINE ROAD, ARLINGTON TN 38002 |
Kathleen Skarvan | officer: Senior VP, Pres of DDC Div | 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350 |
Steve Polacek | officer: Senior VP and CFO | 4106 SUNNYSIDE ROAD, EDINA MN 55424 |
Archibald Jr Cox | director | 151 EAST 58TH STREET, #33F, NEW YORK NY 10022 |
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