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Xyratex, Ltd. (NAS:XRTX)
Days Inventory
83.48 (As of Nov. 2013)

Xyratex, Ltd.'s inventory for the three months ended in Nov. 2013 was \$132.2 Mil. Xyratex, Ltd.'s cost of goods sold for the three months ended in Nov. 2013 was \$144.1 Mil. Hence, Xyratex, Ltd.'s days inventory for the three months ended in Nov. 2013 was 83.48.

Xyratex, Ltd.'s days inventory increased from Nov. 2012 (68.81) to Nov. 2013 (83.48). It might indicate that Xyratex, Ltd.'s sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Xyratex, Ltd.'s days sales of inventory (DSI) for the three months ended in Nov. 2013 was 64.95.

Inventory turnover measures how fast the company turns over its inventory within a year. Xyratex, Ltd.'s inventory turnover for the three months ended in Nov. 2013 was 1.09.

Inventory to revenue ratio 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. Xyratex, Ltd.'s inventory to revenue ratio for the three months ended in Nov. 2013 was 0.71.

Definition

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

Xyratex, Ltd.'s Days Inventory for the fiscal year that ended in Nov. 2013 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 132.227 / 643.237 * 365 = 75.03

Xyratex, Ltd.'s Days Inventory for the quarter that ended in Nov. 2013 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 132.227 / 144.139 * 91 = 83.48

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Xyratex, Ltd.'s Days Sales of Inventory for the three months ended in Nov. 2013 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 132.227 / 185.254 * 91 = 64.95

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Xyratex, Ltd.'s Inventory Turnover for the three months ended in Nov. 2013 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 144.139 / 132.227 = 1.09

3. 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.

Xyratex, Ltd.'s Inventory to Revenue for the three months ended in Nov. 2013 is calculated as

 Inventory to Revenue = Inventory / Revenue = 132.227 / 185.254 = 0.71

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Xyratex, Ltd. Annual Data

 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 DaysInventory 43.09 48.78 43.22 43.87 52.50 53.39 54.09 48.86 65.04 75.03

Xyratex, Ltd. Quarterly Data

 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 DaysInventory 47.48 46.84 57.18 61.04 84.70 68.81 82.74 84.45 79.21 83.48
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