Days Inventory is also known as Days Sales of Inventory (DSI). Proto Labs's Average Total Inventories for the
three
months ended in Dec. 2023 was $13.7 Mil. Proto Labs's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $69.2 Mil.
Hence, Proto Labs's Days Inventory for the
three
months ended in Dec. 2023 was 18.10.
The historical rank and industry rank for Proto Labs's Days Inventory or its related term are showing as below:
PRLB'
s Days Inventory Range Over the Past 10 Years
Min: 16.47 Med: 18.36 Max: 26.56
Current: 18.03
During the past 13 years, Proto Labs's highest Days Inventory was 26.56. The lowest was 16.47. And the median was 18.36.
PRLB's Days Inventory is ranked better than 97.18% of 2905
companies
in the Industrial Products industry
Industry Median: 120.49
vs PRLB: 18.03
Proto Labs's Days Inventory
declined
from Dec. 2022 (19.20) to Dec. 2023 (18.10).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Proto Labs's Inventory Turnover for the
three
months ended in Dec. 2023 was 5.04.
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.
Proto Labs's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.11.
Proto Labs Days Inventory Historical Data
The historical data trend for Proto Labs'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.
For the Metal Fabrication subindustry, Proto Labs'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.
Proto Labs Days Inventory Distribution
For the Industrial Products industry and Industrials sector, Proto Labs's Days Inventory distribution charts can be found below:
* The bar in red indicates where Proto Labs's Days Inventory falls into.
Proto Labs Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Proto Labs's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Proto Labs (NYSE:PRLB) 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.
Proto Labs's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Proto Labs's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Proto Labs Days Inventory Related Terms
Thank you for viewing the detailed overview of Proto Labs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. Proto Labs uses injection molding, computer numerical control machining, and 3-D printing to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. The majority of its revenue is derived from the United States of America.
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