PartnerTech AB (LTS:0GUE) Days Inventory : 59.19 (As of Jun. 2015)

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What is PartnerTech AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PartnerTech AB's Average Total Inventories for the three months ended in Jun. 2015 was £32.98 Mil. PartnerTech AB's Cost of Goods Sold for the three months ended in Jun. 2015 was £50.85 Mil. Hence, PartnerTech AB's Days Inventory for the three months ended in Jun. 2015 was 59.19.

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

LTS:0GUE' s Days Inventory Range Over the Past 10 Years
Min: 27.15 Med: 73.26 Max: 87.89
Current: 61.03

During the past 12 years, PartnerTech AB's highest Days Inventory was 87.89. The lowest was 27.15. And the median was 73.26.

LTS:0GUE's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 101.86 vs LTS:0GUE: 61.03

PartnerTech AB's Days Inventory increased from Mar. 2014 (55.82) to Jun. 2015 (59.19). It might indicate that PartnerTech AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PartnerTech AB's Inventory Turnover for the three months ended in Jun. 2015 was 1.54.

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. PartnerTech AB's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.63.

PartnerTech AB Days Inventory Historical Data

The historical data trend for PartnerTech AB'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.

PartnerTech AB Days Inventory Chart

PartnerTech AB Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Inventory

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84.68

71.11

65.36

62.38

58.40

PartnerTech AB Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Mar15	Jun15
Days Inventory	Get a 7-Day Free Trial															55.82	60.60	65.88	66.95	59.19

Competitive Comparison of PartnerTech AB's Days Inventory

For the Electronic Components subindustry, PartnerTech AB'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.

PartnerTech AB's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where PartnerTech AB's Days Inventory falls into.

PartnerTech AB Days Inventory Calculation

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

PartnerTech AB's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

	Days Inventory (A: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (33.942	+	29.202)	/	2 )	/	197.331	*	365
=	31.572					/	197.331	*	365
=	58.40

PartnerTech AB'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
=	( (34.621	+	31.342)	/	2 )	/	50.846	*	365 / 4
=	32.9815					/	50.846	*	365 / 4
=	59.19

PartnerTech AB (LTS:0GUE) 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.

PartnerTech AB's Inventory Turnover for the three months ended in Jun. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.846	/	32.9815
	=	1.54

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.

PartnerTech AB's Inventory to Revenue for the three months ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.9815	/	52.679
	=	0.63

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.

PartnerTech AB Days Inventory Related Terms

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

PartnerTech AB (LTS:0GUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PartnerTech AB (LTS:0GUE) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.partnertech.com

PartnerTech AB develops and manufactures products on behalf of businesses in the areas of Defense and Maritime, Industry, Information Technology, MedTech & Instrumentation, CleanTech, and Point of Sale Applications. The Group provides production expertise, which requires management of the entire product life cycle, along with skills in electronics, mechanics, and systems integration. PartnerTech operates in Sweden, Norway, Finland, Poland, the UK, the US, and China. The Group is headquartered in Malmo, Sweden. The many divisions offer similar services including prototype and module design, new product introduction and/or the manufacture of a product, module printed circuit board or mechanical features, integrated assignments starting with a development project, low cost manufacturing, and warehousing, logistics, or spare parts maintenance. The Defense and Maritime division manufactures primary components, as well as products for use by the oil industry. The Industry division involves manufacturing components and products for operator terminals, power & range control units, and similar segments. The Information Technology division offers products such as security cameras, broadband routers, videoconferencing systems, and base station antennas for the technology-driven market. The MedTech Division offers products including blood analysis equipment, allergy testing instruments, and printed circuit boards for various types of medical instruments. The CleanTech division includes both components and complete systems, offering products such as recycling and reverse vending machines, heat pump systems, and weather station equipment. Lastly, the Point of Sales division offers expertise on cash handling systems, card readers for payment, and other similar products.

PartnerTech AB (LTS:0GUE) Headlines

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