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Proxim Wireless (Proxim Wireless) Days Inventory : 60.42 (As of Mar. 2010)


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What is Proxim Wireless Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Proxim Wireless's Average Total Inventories for the three months ended in Mar. 2010 was $2.82 Mil. Proxim Wireless's Cost of Goods Sold for the three months ended in Mar. 2010 was $4.26 Mil. Hence, Proxim Wireless's Days Inventory for the three months ended in Mar. 2010 was 60.42.

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

PRXM's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 102.035
* Ranked among companies with meaningful Days Inventory only.

Proxim Wireless's Days Inventory increased from Sep. 2008 (57.68) to Mar. 2010 (60.42). It might indicate that Proxim Wireless's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Proxim Wireless's Inventory Turnover for the three months ended in Mar. 2010 was 1.51.

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. Proxim Wireless's Inventory-to-Revenue for the three months ended in Mar. 2010 was 0.37.


Proxim Wireless Days Inventory Historical Data

The historical data trend for Proxim Wireless'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.

Proxim Wireless Days Inventory Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.09 83.37 77.75 61.94 75.00

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 57.68 56.41 101.63 - 60.42

Competitive Comparison of Proxim Wireless's Days Inventory

For the Communication Equipment subindustry, Proxim Wireless'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.


Proxim Wireless's Days Inventory Distribution in the Hardware Industry

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

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



Proxim Wireless Days Inventory Calculation

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

Proxim Wireless's Days Inventory for the fiscal year that ended in Dec. 2009 is calculated as

Days Inventory (A: Dec. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2008 ) + Total Inventories (A: Dec. 2009 )) / count ) / Cost of Goods Sold (A: Dec. 2009 )*Days in Period
=( (3.947 + 2.948) / 2 ) / 16.777*365
=3.4475 / 16.777*365
=75.00

Proxim Wireless's Days Inventory for the quarter that ended in Mar. 2010 is calculated as:

Days Inventory (Q: Mar. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2009 ) + Total Inventories (Q: Mar. 2010 )) / count ) / Cost of Goods Sold (Q: Mar. 2010 )*Days in Period
=( (2.948 + 2.696) / 2 ) / 4.262*365 / 4
=2.822 / 4.262*365 / 4
=60.42

* 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.


Proxim Wireless  (OTCPK:PRXM) 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.

Proxim Wireless's Inventory Turnover for the three months ended in Mar. 2010 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.

Proxim Wireless's Inventory to Revenue for the three months ended in Mar. 2010 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.


Proxim Wireless Days Inventory Related Terms

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


Proxim Wireless (Proxim Wireless) Business Description

Traded in Other Exchanges
N/A
Address
1561 Buckeye Drive, Milpitas, CA, USA, 95035
Proxim Wireless Corp provides high-speed wireless communications equipment and services. Its systems enable service providers, enterprises, and governmental organizations to deliver high-speed data connectivity enabling a broad range of applications.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John W Gerdelman director C/O SYCAMORE NETWORKS INC, 220 MILL RD, CHELMSFORD MA 01824
Miller Lloyd I Iii 10 percent owner
Robert E Fitzgerald other: Former Officer and Director 2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262
Brian J Sereda officer: CFO andTreasurer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Mobius Vi Llc 10 percent owner A/O MOBIUS VENTURO CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO ROAD, PALO ALTO CA 94306
Mobius Technology Ventures Vi Lp 10 percent owner C/O MOBIUS VANTURE CAPITAL 2 PALO ALLO, STE. 500 3000 ELCAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Side Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Advisors Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Softbank U S Ventures Vi L P 10 percent owner 200 W EVELYN AVE, STE 200, MOUNTAIN VIEW CA 94043
Daniel Hesse director
Bradley A Feld 10 percent owner C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Roizen Jo Ann Heidi 10 percent owner
Carol B Armitage director C/O WINDSTREAM CORPORATION 4001 RODNEY PARHAM RD; B1F3 LITTLE ROCK AR 72212