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


What is Proxim Wireless Days Inventory?

Proxim Wireless PRXM Days Inventory is 60.42 as of Mar. 2010.

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: 94.29
* 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  (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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.262 / 2.822
=1.51

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.822 / 7.717
=0.37

* 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

Proxim Wireless Days Inventory Historical Data

* Premium members only.

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.

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 0.00 60.42

PRXM vs OSAT, GTXO, DGDM: Days Inventory Comparison

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 Days Inventory vs 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 60.42 mean?
Proxim Wireless (PRXM) has a Days Inventory of 60.42 as of Mar. 2010. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Proxim Wireless and its competitors.
Is Proxim Wireless' Days Inventory too high?
Proxim Wireless' current Days Inventory is 60.42. The Hardware industry median Days Inventory is 94.29. Proxim Wireless' value of 60.42 is 35.9% below this industry median.
How does Proxim Wireless' Days Inventory compare to OSAT and GTXO?
Proxim Wireless' Days Inventory of 60.42 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.29. Proxim Wireless' value of 60.42 is 35.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,413 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Proxim Wireless's current Days Inventory of 60.42 is 35.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Proxim Wireless and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proxim Wireless's current Days Inventory is 60.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current Days Inventory of 60.42. The current Days Inventory is 60.42 and 35.9% below the Hardware industry median of 94.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Proxim Wireless (PRXM), the current Days Inventory is 60.42 as of Mar. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.