STR Holdings (STR Holdings) Days Inventory : 49.28 (As of Sep. 2019)

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What is STR Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). STR Holdings's Average Total Inventories for the three months ended in Sep. 2019 was $1.13 Mil. STR Holdings's Cost of Goods Sold for the three months ended in Sep. 2019 was $2.10 Mil. Hence, STR Holdings's Days Inventory for the three months ended in Sep. 2019 was 49.28.

The historical rank and industry rank for STR Holdings's Days Inventory or its related term are showing as below:

STRI's Days Inventory is not ranked ^*
in the Semiconductors industry.
Industry Median: 131.06
* Ranked among companies with meaningful Days Inventory only.

STR Holdings's Days Inventory increased from Sep. 2018 (37.32) to Sep. 2019 (49.28). It might indicate that STR Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. STR Holdings's Inventory Turnover for the three months ended in Sep. 2019 was 1.85.

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. STR Holdings's Inventory-to-Revenue for the three months ended in Sep. 2019 was 0.92.

STR Holdings Days Inventory Historical Data

The historical data trend for STR Holdings'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.

STR Holdings Days Inventory Chart

STR Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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68.89

75.37

54.87

36.18

46.15

STR Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Inventory	Get a 7-Day Free Trial															37.32	51.10	56.43	49.61	49.28

Competitive Comparison of STR Holdings's Days Inventory

For the Semiconductor Equipment & Materials subindustry, STR Holdings'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.

STR Holdings's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, STR Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where STR Holdings's Days Inventory falls into.

STR Holdings Days Inventory Calculation

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

STR Holdings's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (1.11	+	1.808)	/	2 )	/	11.539	*	365
=	1.459					/	11.539	*	365
=	46.15

STR Holdings's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

	Days Inventory (Q: Sep. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (1.15	+	1.115)	/	2 )	/	2.097	*	365 / 4
=	1.1325					/	2.097	*	365 / 4
=	49.28

STR Holdings (OTCPK:STRI) 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.

STR Holdings's Inventory Turnover for the three months ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.097	/	1.1325
	=	1.85

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.

STR Holdings's Inventory to Revenue for the three months ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1325	/	1.235
	=	0.92

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.

STR Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of STR Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

STR Holdings (STR Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » STR Holdings Inc (OTCPK:STRI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Water Street, Enfield, CT, USA, 06082

Website

https://www.strsolar.com

STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.

Executives

John A. Janitz	director	6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Andrew M Leitch	director	6615 CALLE PONTE BELLA, RANCHO SANTA FE CA 92091
Andrew Africk	director
Alan N Forman	officer: Senior VP & Gen. Counsel	21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Riley Investment Management Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Lp	10 percent owner	11100 SANTA MONICA BLVD STE 810, LOS ANGELES CA 90025
Dominick Schiano	director	30275 OAKLEAF LANE, FRANKLIN MI 48025
B. Riley & Co., Llc	10 percent owner	11100 SANTA MONICA BLVD., STE. 800, LOS ANGELES CA 90025
Bryant R Riley	10 percent owner	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Suisse Ag/ Credit	10 percent owner	PARADEPLATZ 8, ZURICH V8 CH 8001
Susan C Schnabel	director	C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Red Mountain Partners, L.p.	10 percent owner	10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc	other: Please refer to Remarks below.	10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc	other: Please refer to Remarks below.	1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc	other: Please refer to Remarks below.	1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067