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VECO (Veeco Instruments) Days Inventory : 206.24 (As of Dec. 2024)


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What is Veeco Instruments Days Inventory?

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:

VECO' s Days Inventory Range Over the Past 10 Years
Min: 84.58   Med: 174.77   Max: 214.58
Current: 214.58

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.

VECO's Days Inventory is ranked worse than
77.14% of 958 companies
in the Semiconductors industry
Industry Median: 118.19 vs VECO: 214.58

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.


Veeco Instruments Days Inventory Historical Data

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.

* Premium members only.

Veeco Instruments Days Inventory Chart

Veeco Instruments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 234.55 221.48 221.74 210.52 206.24

Competitive Comparison of Veeco Instruments's Days Inventory

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.


Veeco Instruments's Days Inventory Distribution in the Semiconductors Industry

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.


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Veeco Instruments Days Inventory Calculation

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

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

* 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.


Veeco Instruments Days Inventory Related Terms

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.


Veeco Instruments Business Description

Traded in Other Exchanges
Address
Terminal Drive, Plainview, NY, USA, 11803
Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for our customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The majority of the company's revenue is generated from sales to the Semiconductor Industry and within China.
Executives
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