GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adept Technology Inc (NAS:ADEP) » Definitions » Days Inventory

Adept Technology (Adept Technology) Days Inventory : 109.59 (As of Jun. 2015)


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

What is Adept Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adept Technology's Average Total Inventories for the three months ended in Jun. 2015 was $10.17 Mil. Adept Technology's Cost of Goods Sold for the three months ended in Jun. 2015 was $8.47 Mil. Hence, Adept Technology's Days Inventory for the three months ended in Jun. 2015 was 109.59.

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

ADEP's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.1
* Ranked among companies with meaningful Days Inventory only.

Adept Technology's Days Inventory declined from Jun. 2014 (110.78) to Jun. 2015 (109.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Adept Technology's Inventory Turnover for the three months ended in Jun. 2015 was 0.83.

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. Adept Technology's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.73.


Adept Technology Days Inventory Historical Data

The historical data trend for Adept Technology'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.

Adept Technology Days Inventory Chart

Adept Technology Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.58 83.57 106.02 108.79 120.24

Adept Technology 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 110.78 123.50 148.02 113.16 109.59

Competitive Comparison of Adept Technology's Days Inventory

For the Specialty Industrial Machinery subindustry, Adept Technology'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.


Adept Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adept Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Adept Technology's Days Inventory falls into.



Adept Technology Days Inventory Calculation

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

Adept Technology's Days Inventory for the fiscal year that ended in Jun. 2015 is calculated as

Days Inventory (A: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2014 ) + Total Inventories (A: Jun. 2015 )) / count ) / Cost of Goods Sold (A: Jun. 2015 )*Days in Period
=( (10.296 + 10.419) / 2 ) / 31.441*365
=10.3575 / 31.441*365
=120.24

Adept Technology'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
=( (9.921 + 10.419) / 2 ) / 8.468*365 / 4
=10.17 / 8.468*365 / 4
=109.59

* 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.


Adept Technology  (NAS:ADEP) 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.

Adept Technology'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.

Adept Technology'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.


Adept Technology Days Inventory Related Terms

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


Adept Technology (Adept Technology) Business Description

Traded in Other Exchanges
N/A
Address
Adept Technology Inc was incorporated in California in 1983 and reincorporated in Delaware in 2005. The Company is a robotics-based automation supplier. Through integrated offerings of both industrial and mobile robots helps customers improve the speed, quality and efficiency of their production environments. It design and manufacture industrial (fixed) and mobile robots along with a complementary suite of control and vision systems and software which are used for assembly, packaging, handling, testing and logistics applications in both fixed repetitive and unstructured environments. It operates in two segments: Robotics and Services & Support. Its geographic areas include United States, Europe, Asia and among others. It classifies robots into two categories, fixed (industrial) robots (multi-axis) and mobile robots (autonomous vehicles). It manufactures both types of robots and offers many options such as vision and automation control software and related hardware, parts feeding and enterprise-level software. It competes with ABB, Epson, Fanuc, Kuka, Yaskawa, Denso, Motoman, Staubli, Amazon (Kiva), Aethon, MetraLabs Seegrid, Savant and Neobotix. The Company has approximately 31 patents issued and current on various innovations in the field of robotics, motion control, and machine vision technology.
Executives
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael P Kelly director
Hale Martin M Jr director, 10 percent owner
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
A Richard Juelis director 349 OYSTER POINT BLVD, STE 200, S SAN FRANCISCO CA 94080
Lisa M Cummins officer: Sr. VP Finance & CFO 3011 TRIAD DRIVE, LIVERMORE CA 94551
Leroy C Kopp other: No longer subject to Sec. 16 8400 NORMANDALE LAKE BOULEVARD, SUITE 1450, BLOOMINGTON MN 55437
Robert J Majteles director
Gruber & Mcbaine Capital Management Llc other: See Footnote remarks. 234 VAN NESS, STE 5, SAN FRANCISCO CA 94133
Charles H Finnie director TWO EMBARCADERO CENTER, SUITE 2200, SAN FRANCISCO CA 94111
Crosslink Capital Inc 10 percent owner, other: Affilate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Steven L Moore officer: VP Finance & CFO
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
Viavi Solutions Inc. 10 percent owner 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286

Adept Technology (Adept Technology) Headlines