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GuruFocus has detected 5 Warning Signs with Westell Technologies Inc $WSTL.
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Westell Technologies Inc (NAS:WSTL)
Days Inventory
134.92 (As of Mar. 2017)

Westell Technologies Inc's average inventory for the three months ended in Mar. 2017 was $12.75 Mil. Westell Technologies Inc's cost of goods sold for the three months ended in Mar. 2017 was $8.62 Mil. Hence, Westell Technologies Inc's days inventory for the three months ended in Mar. 2017 was 134.92.

WSTL' s Days Inventory Range Over the Past 10 Years
Min: 45.51   Max: 157.69
Current: 121.76

45.51
157.69

During the past 13 years, Westell Technologies Inc's highest Days Inventory was 157.69. The lowest was 45.51. And the median was 104.22.

WSTL's Days Inventory is ranked lower than
75% of the 520 Companies
in the Global Communication Equipment industry.

( Industry Median: 69.94 vs. WSTL: 121.76 )

Westell Technologies Inc's days inventory increased from Mar. 2016 (96.67) to Mar. 2017 (134.92). It might indicate that Westell Technologies Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Westell Technologies Inc's days sales of inventory (DSI) for the three months ended in Mar. 2017 was 75.62.

Inventory turnover measures how fast the company turns over its inventory within a year. Westell Technologies Inc's inventory turnover for the three months ended in Mar. 2017 was 0.68.

Inventory to revenue ratio 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. Westell Technologies Inc's inventory to revenue ratio for the three months ended in Mar. 2017 was 0.83.


Definition

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

Westell Technologies Inc's Days Inventory for the fiscal year that ended in Mar. 2017 is calculated as

Days Inventory (A: Mar. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Mar. 2016 ) + Inventory (A: Mar. 2017 )) / 2 ) / COGS (A: Mar. 2017 )*Days in Period
=( (13.498 + 12.511) / 2 ) / 39.216*365
=13.0045 / 39.216*365
=121.04

Westell Technologies Inc's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2016 ) + Inventory (Q: Mar. 2017 )) / 2 ) / COGS (Q: Mar. 2017 )*Days in Period
=( (12.989 + 12.511) / 2 ) / 8.623*365 / 4
=12.75 / 8.623*365 / 4
=134.92

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Westell Technologies Inc's Days Sales of Inventory for the three months ended in Mar. 2017 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=12.75/15.386*365 / 4
=75.62

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Westell Technologies Inc's Inventory Turnover for the three months ended in Mar. 2017 is calculated as

3. 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.

Westell Technologies Inc's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Westell Technologies Inc Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
DaysInventory 45.5151.5761.0858.74157.69154.19107.46128.19100.97121.04

Westell Technologies Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysInventory 213.62127.95107.6080.5597.8296.67121.19105.58131.15134.92
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