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Hutchinson Technology (Hutchinson Technology) Days Inventory : 69.17 (As of Jun. 2016)


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What is Hutchinson Technology Days Inventory?

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:

HTCH's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 104.01
* Ranked among companies with meaningful Days Inventory only.

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.


Hutchinson Technology Days Inventory Historical Data

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.

* Premium members only.

Hutchinson Technology Days Inventory Chart

Hutchinson Technology Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.63 68.66 68.19 70.74 69.17

Competitive Comparison of Hutchinson Technology's Days Inventory

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.


Hutchinson Technology's Days Inventory Distribution in the Hardware Industry

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.



Hutchinson Technology Days Inventory Calculation

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

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

* 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.


Hutchinson Technology Days Inventory Related Terms

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.


Hutchinson Technology (Hutchinson Technology) Business Description

Traded in Other Exchanges
N/A
Address
Hutchinson Technology Inc was incorporated in Minnesota in the year 1965. The Company is a technology manufacturer that creates value by developing solutions to critical customer problems. The Company has one reportable segment namely the Disk Drive Components Division. Its Disk Drive Components Division is a supplier of suspension assemblies for hard disk drives. Its disk drive products are sold through the Company's account management team. Its competitors are Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, and NAT Peripheral (H.K.) Co., Ltd. As of September 27, 2015, the Company had 216 US patents and 16 foreign patents. The Company's products are classified as medical devices and therefore are subject to governmental regulations.
Executives
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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