Days Inventory is also known as Days Sales of Inventory (DSI). Acacia Research's Average Total Inventories for the
three
months ended in Dec. 2023 was $11.6 Mil. Acacia Research's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $24.1 Mil.
Hence, Acacia Research's Days Inventory for the
three
months ended in Dec. 2023 was 44.14.
The historical rank and industry rank for Acacia Research's Days Inventory or its related term are showing as below:
ACTG'
s Days Inventory Range Over the Past 10 Years
Min: 86.86 Med: 90.29 Max: 113.01
Current: 91.54
During the past 13 years, Acacia Research's highest Days Inventory was 113.01. The lowest was 86.86. And the median was 90.29.
ACTG's Days Inventory is ranked better than 66.43% of 2907
companies
in the Industrial Products industry
Industry Median: 120.15
vs ACTG: 91.54
Acacia Research's Days Inventory
declined
from Dec. 2022 (134.93) to Dec. 2023 (44.14).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Acacia Research's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.07.
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.
Acacia Research's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.13.
Acacia Research Days Inventory Historical Data
The historical data trend for Acacia Research'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 Acacia Research's Days Inventory
For the Business Equipment & Supplies subindustry, Acacia Research'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.
Acacia Research's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Acacia Research's Days Inventory distribution charts can be found below:
* The bar in red indicates where Acacia Research's Days Inventory falls into.
Acacia Research Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Acacia Research's Days Inventory for the fiscal year that ended in Dec. 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.
Acacia Research (NAS:ACTG) 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.
Acacia Research's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Acacia Research's Inventory to Revenue for the
three
months ended in Dec. 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.
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.
Acacia Research Days Inventory Related Terms
Thank you for viewing the detailed overview of Acacia Research's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Acacia Research (Acacia Research) Business Description
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.
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