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Days Inventory is also known as Days Sales of Inventory (DSI). Veeco Instruments's Average Total Inventories for the three months ended in Dec. 2024 was $244.4 Mil. Veeco Instruments's Cost of Goods Sold for the three months ended in Dec. 2024 was $108.1 Mil. Hence, Veeco Instruments's Days Inventory for the three months ended in Dec. 2024 was 206.24.
The historical rank and industry rank for Veeco Instruments's Days Inventory or its related term are showing as below:
During the past 13 years, Veeco Instruments's highest Days Inventory was 214.58. The lowest was 84.58. And the median was 174.77.
Veeco Instruments's Days Inventory declined from Dec. 2023 (234.55) to Dec. 2024 (206.24).
Inventory Turnover measures how fast the company turns over its inventory within a year. Veeco Instruments's Inventory Turnover for the three months ended in Dec. 2024 was 0.44.
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. Veeco Instruments's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.34.
The historical data trend for Veeco Instruments'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.
Veeco Instruments Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Days Inventory | Get a 7-Day Free Trial |
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195.92 | 169.53 | 180.01 | 212.73 | 213.88 |
Veeco Instruments Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Days Inventory | Get a 7-Day Free Trial |
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234.55 | 221.48 | 221.74 | 210.52 | 206.24 |
For the Semiconductor Equipment & Materials subindustry, Veeco Instruments'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.
For the Semiconductors industry and Technology sector, Veeco Instruments's Days Inventory distribution charts can be found below:
* The bar in red indicates where Veeco Instruments's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Veeco Instruments's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as
Days Inventory (A: Dec. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2023 ) | + | Total Inventories (A: Dec. 2024 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2024 ) | * | Days in Period |
= | ( (237.635 | + | 246.735) | / | 2 ) | / | 413.296 | * | 365 |
= | 242.185 | / | 413.296 | * | 365 | ||||
= | 213.88 |
Veeco Instruments's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:
Days Inventory (Q: Dec. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Sep. 2024 ) | + | Total Inventories (Q: Dec. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2024 ) | * | Days in Period |
= | ( (242.123 | + | 246.735) | / | 2 ) | / | 108.146 | * | 365 / 4 |
= | 244.429 | / | 108.146 | * | 365 / 4 | ||||
= | 206.24 |
* 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.
Veeco Instruments (NAS:VECO) 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.
Veeco Instruments's Inventory Turnover for the three months ended in Dec. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 108.146 | / | 244.429 | |
= | 0.44 |
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.
Veeco Instruments's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 244.429 | / | 182.131 | |
= | 1.34 |
* 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.
Thank you for viewing the detailed overview of Veeco Instruments's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
John P Kiernan | officer: VP Finance & Corp. Controller | C/O VEECO INSTRUMENTS INC, TERMINAL DRIVE, PLAINVIEW NY 11803 |
Dennis Thomas St | director | C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551 |
William John Miller | director, officer: CEO | C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
Adrian Devasahayam | officer: SVP - Product Line Development | C/O VEECO INSTRUMENTS, 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
Susan Wilkerson | officer: SVP, Global Sales & Service | C/O VEECO INSTRUMENTS INC., PLAINVIEW NY 11803 |
Mary Jane Raymond | director | C/O COHERENT CORP., 375 SAXONBURG BLVD, SAXONBURG PA 16056 |
Lena Nicolaides | director | 1250 RELIANCE WAY, FREMONT CA 94539 |
Peter J Simone | director | 17075 THORNMINT COURT, SANDIGO CA 92127 |
Sujeet Chand | director | ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204 |
Peter Porshnev | officer: SVP, Unified Engineering | C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
Shubham Maheshwari | officer: EVP, CFO & COO | C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
John R Peeler | officer: CEO | DYNATECH CORP, 3 NEW ENGLAND EXECUTIVE PARK, BURLINGTON MA 01803 |
Kathleen A Bayless | director | 1251 MCKAY DRIVE, SAN JOSE CA 95131 |
Roger D Mcdaniel | director | C/O ENTEGRIS INC, 3500 LYMAN BOULEVARD, CHASKA MN 55318 |
Susan Wang | director | 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538 |
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