Days Inventory is also known as Days Sales of Inventory (DSI). Coherent's Average Total Inventories for the
three
months ended in Mar. 2022 was $405 Mil. Coherent's Cost of Goods Sold for the
three
months ended in Mar. 2022 was $216 Mil.
Hence, Coherent's Days Inventory for the
three
months ended in Mar. 2022 was 171.55.
The historical rank and industry rank for Coherent's Days Inventory or its related term are showing as below:
COHR'
s Days Inventory Range Over the Past 10 Years
Min: 117.73 Med: 135.03 Max: 193.91
Current: 159.84
During the past 13 years, Coherent's highest Days Inventory was 193.91. The lowest was 117.73. And the median was 135.03.
COHR's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 104.01
vs COHR: 159.84
Coherent's Days Inventory
increased
from Mar. 2021 (158.65) to Mar. 2022 (171.55).
It might indicate that Coherent's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Coherent's Inventory Turnover for the
three
months ended in Mar. 2022 was 0.53.
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.
Coherent's Inventory-to-Revenue for the
three
months ended in Mar. 2022 was 1.10.
Coherent Days Inventory Historical Data
The historical data trend for Coherent'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 Coherent's Days Inventory
For the Scientific & Technical Instruments subindustry, Coherent'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.
Coherent's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Coherent's Days Inventory distribution charts can be found below:
* The bar in red indicates where Coherent's Days Inventory falls into.
Coherent Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Coherent's Days Inventory for the fiscal year that ended in Sep. 2021 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.
Coherent (NAS:COHR) 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.
Coherent's Inventory Turnover for the
three
months ended in Mar. 2022 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.
Coherent's Inventory to Revenue for the
three
months ended in Mar. 2022 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.
Coherent Days Inventory Related Terms
Thank you for viewing the detailed overview of Coherent's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Coherent Inc supplies photonics-based solutions for commercial and scientific research applications. The firm operates in two segments: OEM Laser Sources and Industrial Lasers & Systems. The OEM Laser Sources segment develops and manufactures products for the microelectronics, scientific research, government, and original equipment manufacturer markets. This business contributes the majority of revenue. The Industrial Lasers & Systems segment makes products for the materials processing, OEM components and instrumentation, and microelectronics markets, with a focus on higher-volume products that are sold in set configurations. The majority of Coherent's revenue is generated outside of the United States.
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