GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planar Systems Inc (NAS:PLNR) » Definitions » Days Inventory

Planar Systems (Planar Systems) Days Inventory : 94.51 (As of Jun. 2015)


View and export this data going back to . Start your Free Trial

What is Planar Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Planar Systems's Average Total Inventories for the three months ended in Jun. 2015 was $32.2 Mil. Planar Systems's Cost of Goods Sold for the three months ended in Jun. 2015 was $31.1 Mil. Hence, Planar Systems's Days Inventory for the three months ended in Jun. 2015 was 94.51.

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

PLNR's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 102.555
* Ranked among companies with meaningful Days Inventory only.

Planar Systems's Days Inventory increased from Jun. 2014 (75.15) to Jun. 2015 (94.51). It might indicate that Planar Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Planar Systems's Inventory Turnover for the three months ended in Jun. 2015 was 0.97.

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. Planar Systems's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.76.


Planar Systems Days Inventory Historical Data

The historical data trend for Planar Systems'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.

Planar Systems Days Inventory Chart

Planar Systems Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.74 103.72 100.05 87.39 76.64

Planar Systems Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 75.15 60.58 61.32 74.13 94.51

Competitive Comparison of Planar Systems's Days Inventory

For the Electronic Components subindustry, Planar Systems'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.


Planar Systems's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Planar Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Planar Systems's Days Inventory falls into.



Planar Systems Days Inventory Calculation

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

Planar Systems's Days Inventory for the fiscal year that ended in Sep. 2014 is calculated as

Days Inventory (A: Sep. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2013 ) + Total Inventories (A: Sep. 2014 )) / count ) / Cost of Goods Sold (A: Sep. 2014 )*Days in Period
=( (30.003 + 26.805) / 2 ) / 135.278*365
=28.404 / 135.278*365
=76.64

Planar Systems's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (31.228 + 33.233) / 2 ) / 31.12*365 / 4
=32.2305 / 31.12*365 / 4
=94.51

* 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.


Planar Systems  (NAS:PLNR) 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.

Planar Systems's Inventory Turnover for the three months ended in Jun. 2015 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.

Planar Systems's Inventory to Revenue for the three months ended in Jun. 2015 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.


Planar Systems Days Inventory Related Terms

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


Planar Systems (Planar Systems) Business Description

Traded in Other Exchanges
N/A
Address
Planar Systems Inc was incorporated on April 27, 1983. The Company is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a variety of flat panel and front- and rear-projection technologies. The Company capitalizes on its strong supply chain, logistics, and distribution relationships to sell a variety of mainly LCD based displays to the United States marketplace. The Company offers High-End Home Display which offers various high-performance home theater front-projection systems, video processing equipment, large-format thin displays, and accessories, that aims at the high-end home market and certain commercial installations The Company employs sales professionals in many countries around the world and sells both directly to end users and through reseller channels.The Company's direct competitors are numerous and diverse. In display systems including AMLCD components sourced from manufacturers, Planar's value-added specialty display products compete against those of NEC, Acer, Viewsonic, Dell and others in the IT market. The Company's operations are subject to environmental and various other regulations in each of the jurisdictions in which it conducts business.
Executives
Richard Hill director
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Greg Turnbull director 123 SAGLNAW DRIVE, REDWOOD CITY CA 94063
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Esther Kay Stepp director
Steven J Buhaly officer: COO/CFO 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Jeffrey T Siegal officer: Corporate Controller 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Balaji Krishnamurthy other: Chairman, President & CEO 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006

Planar Systems (Planar Systems) Headlines

From GuruFocus

Planar Systems Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 02-04-2011

Planar Systems Inc. Reports Operating Results (10-K)

By gurufocus 10qk 12-02-2009

You Can Benefit From Planar's Digital Signage Exposure

By Soid Ahmad Soidahmad 06-25-2015