Days Inventory is also known as Days Sales of Inventory (DSI). Photronics's Average Total Inventories for the
three
months ended in Jan. 2024 was €46.9 Mil. Photronics's Cost of Goods Sold for the
three
months ended in Jan. 2024 was €125.8 Mil.
Hence, Photronics's Days Inventory for the
three
months ended in Jan. 2024 was 34.02.
The historical rank and industry rank for Photronics's Days Inventory or its related term are showing as below:
FRA:PQ2'
s Days Inventory Range Over the Past 10 Years
Min: 21.23 Med: 28.37 Max: 41.34
Current: 34.51
During the past 13 years, Photronics's highest Days Inventory was 41.34. The lowest was 21.23. And the median was 28.37.
FRA:PQ2's Days Inventory is ranked better than 90.65% of 941
companies
in the Semiconductors industry
Industry Median: 131.06
vs FRA:PQ2: 34.51
Photronics's Days Inventory
declined
from Jan. 2023 (36.60) to Jan. 2024 (34.02).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Photronics's Inventory Turnover for the
three
months ended in Jan. 2024 was 2.68.
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.
Photronics's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.24.
Photronics Days Inventory Historical Data
The historical data trend for Photronics'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.
Competitive Comparison of Photronics's Days Inventory
For the Semiconductor Equipment & Materials subindustry, Photronics'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.
Photronics's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Photronics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Photronics's Days Inventory falls into.
Photronics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Photronics's Days Inventory for the fiscal year that ended in Oct. 2023 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.
Photronics (FRA:PQ2) 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.
Photronics's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Photronics's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Photronics Days Inventory Related Terms
Thank you for viewing the detailed overview of Photronics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:PQ2 has been successfully added to your 