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Filtronic (Filtronic) Days Inventory : 150.64 (As of Nov. 2023)


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What is Filtronic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Filtronic's Average Total Inventories for the six months ended in Nov. 2023 was $3.33 Mil. Filtronic's Cost of Goods Sold for the six months ended in Nov. 2023 was $4.04 Mil. Hence, Filtronic's Days Inventory for the six months ended in Nov. 2023 was 150.64.

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

FLTCF' s Days Inventory Range Over the Past 10 Years
Min: 30.79   Med: 92.69   Max: 171.57
Current: 156.53

During the past 13 years, Filtronic's highest Days Inventory was 171.57. The lowest was 30.79. And the median was 92.69.

FLTCF's Days Inventory is ranked worse than
70.51% of 2408 companies
in the Hardware industry
Industry Median: 102.52 vs FLTCF: 156.53

Filtronic's Days Inventory declined from Nov. 2022 (165.84) to Nov. 2023 (150.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Filtronic's Inventory Turnover for the six months ended in Nov. 2023 was 1.21.

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. Filtronic's Inventory-to-Revenue for the six months ended in Nov. 2023 was 0.32.


Filtronic Days Inventory Historical Data

The historical data trend for Filtronic'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.

Filtronic Days Inventory Chart

Filtronic Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.72 115.65 159.11 164.17 163.42

Filtronic Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - - 165.84 161.29 150.64

Competitive Comparison of Filtronic's Days Inventory

For the Communication Equipment subindustry, Filtronic'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.


Filtronic's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Filtronic's Days Inventory distribution charts can be found below:

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



Filtronic Days Inventory Calculation

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

Filtronic's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (3.231 + 3.468) / 2 ) / 7.481*365
=3.3495 / 7.481*365
=163.42

Filtronic's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (3.468 + 3.195) / 2 ) / 4.036*365 / 2
=3.3315 / 4.036*365 / 2
=150.64

* 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.


Filtronic  (OTCPK:FLTCF) 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.

Filtronic's Inventory Turnover for the six months ended in Nov. 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.

Filtronic's Inventory to Revenue for the six months ended in Nov. 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.


Filtronic Days Inventory Related Terms

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


Filtronic (Filtronic) Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, the Americas, and the Rest of the world.

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