Veeco Instruments (Veeco Instruments) Change In Inventory

: $-35.2 Mil (TTM As of Dec. 2023)

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Veeco Instruments's change in inventory for the quarter that ended in Dec. 2023 was $14.0 Mil. It means Veeco Instruments's inventory declined by $14.0 Mil from Sep. 2023 to Dec. 2023 .

Veeco Instruments's change in inventory for the fiscal year that ended in Dec. 2023 was $-35.2 Mil. It means Veeco Instruments's inventory increased by $35.2 Mil from Dec. 2022 to Dec. 2023 .

Veeco Instruments's Total Inventories for the quarter that ended in Dec. 2023 was $237.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Veeco Instruments's Days Inventory for the quarter that ended in Dec. 2023 was 234.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Veeco Instruments's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.39.

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. Veeco Instruments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.41.

Veeco Instruments Change In Inventory Historical Data

The historical data trend for Veeco Instruments's Change In 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.

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Veeco Instruments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

14.97

-11.53

-24.80

-37.29

-35.16

Veeco Instruments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-19.17	-25.76	-18.78	-4.58	13.96

Veeco Instruments Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.2 Mil.

Veeco Instruments (NAS:VECO) Change In Inventory Explanation

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

Veeco Instruments's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	244.8775	/	95.269	*	365 / 4
	=	234.55

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

Veeco Instruments's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	95.269	/	244.8775
	=	0.39

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.

Veeco Instruments's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	244.8775	/	173.924
	=	1.41

Veeco Instruments Change In Inventory Related Terms

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Veeco Instruments (Veeco Instruments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Veeco Instruments Inc (NAS:VECO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

VEO:Germany VEO:Germany

Address

Terminal Drive, Plainview, NY, USA, 11803

Website

https://www.veeco.com

Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.

Executives

William John Miller	director, officer: CEO	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
John P Kiernan	officer: VP Finance & Corp. Controller	C/O VEECO INSTRUMENTS INC, TERMINAL DRIVE, PLAINVIEW NY 11803
Dennis Thomas St	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Mary Jane Raymond	director	C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056
Susan Wilkerson	officer: SVP, Global Sales & Service	C/O VEECO INSTRUMENTS INC., PLAINVIEW NY 11803
Adrian Devasahayam	officer: SVP - Product Line Development	C/O VEECO INSTRUMENTS, 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Lena Nicolaides	director	1250 RELIANCE WAY, FREMONT CA 94539
Peter J Simone	director	17075 THORNMINT COURT, SANDIGO CA 92127
Sujeet Chand	director	ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Peter Porshnev	officer: SVP, Unified Engineering	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Shubham Maheshwari	officer: EVP, CFO & COO	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
John R Peeler	officer: CEO	DYNATECH CORP, 3 NEW ENGLAND EXECUTIVE PARK, BURLINGTON MA 01803
Kathleen A Bayless	director	1251 MCKAY DRIVE, SAN JOSE CA 95131
Roger D Mcdaniel	director	C/O ENTEGRIS INC, 3500 LYMAN BOULEVARD, CHASKA MN 55318
Susan Wang	director	40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538