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Photronics Inventory-to-Revenue

: 0.29 (As of Apr. 2022)
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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. Photronics's Average Total Inventories for the quarter that ended in Apr. 2022 was $60.0 Mil. Photronics's Revenue for the three months ended in Apr. 2022 was $204.5 Mil. Photronics's Inventory-to-Revenue for the quarter that ended in Apr. 2022 was 0.29.

Photronics's Inventory-to-Revenue for the quarter that ended in Apr. 2022 declined from Jan. 2022 (0.31) to Jan. 2022 (0.29)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Photronics's Days Inventory for the three months ended in Apr. 2022 was 40.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Photronics's Inventory Turnover for the quarter that ended in Apr. 2022 was 2.24.


Photronics Inventory-to-Revenue Historical Data

The historical data trend for Photronics's Inventory-to-Revenue 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.

Photronics Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Inventory-to-Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.07 0.09 0.09

Photronics Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Inventory-to-Revenue 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 Premium Member Only Premium Member Only Premium Member Only 0.35 0.32 0.30 0.31 0.29

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Photronics's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

   

Photronics Inventory-to-Revenue Distribution

For the Semiconductors industry and Technology sector, Photronics's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Photronics's Inventory-to-Revenue falls into.



Photronics Inventory-to-Revenue Calculation

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.

Photronics's Inventory-to-Revenue for the fiscal year that ended in Oct. 2021 is calculated as

Inventory-to-Revenue (A: Oct. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Oct. 2020 ) + Total Inventories (A: Oct. 2021 )) / count ) / Revenue (A: Oct. 2021 )
=( (57.269 + 55.249) / 2 ) / 663.761
=56.259 / 663.761
=0.08

Photronics's Inventory-to-Revenue for the quarter that ended in Apr. 2022 is calculated as

Inventory-to-Revenue (Q: Apr. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jan. 2022 ) + Total Inventories (Q: Apr. 2022 )) / count ) / Revenue (Q: Apr. 2022 )
=( (61.971 + 57.94) / 2 ) / 204.509
=59.9555 / 204.509
=0.29

* 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.


Photronics  (NAS:PLAB) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Photronics's Days Inventory for the three months ended in Apr. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2022 )/Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=59.9555/134.289*365 / 4
=40.74

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

Photronics's Inventory Turnover for the quarter that ended in Apr. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2022 ) / Average Total Inventories (Q: Apr. 2022 )
=134.289 / 59.9555
=2.24

* 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.


Photronics Inventory-to-Revenue Related Terms

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


Photronics Business Description

Photronics logo
Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Asia contributing the majority of total revenue.
Executives
Lewis Adam M director 15 SECOR ROAD BROOKFIELD CT 06804
Liao Daniel Jl director 2045 EAST INNOVATION CIRCLE TEMPE AZ 85284
Paladino Mary director 15 SECOR ROAD BROOKFIELD CT 06804
Lee Kang Jyh officer: President, Asia IC Photomask 15 SECOR ROAD BROOKFIELD CT 06804
Jordan John P officer: SVP & Chief Financial Officer 600 EAST GREENWICH AVENUE WEST WARWICK RI 02893
Hsia Liang Choo director 15 SECOR RD. BROOKFIELD CT 06804
Gmt Capital Corp 10 percent owner GMT CAPITAL CORP 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH ATLANTA GA 30339
Burr Richelle E officer: VP, General Counsel & Secy 15 SECOR RD BROOKFIELD CT 06804
Kirlin Peter S officer: Senior VP, U.S. & Europe 15 SECOR ROAD BROOKFIELD CT 06804
Progler Christopher J officer: VP,Chief Technology Officer 15 SECOR ROAD BROOKFIELD CT 06804
Jeong Soo Hong officer: COO, President-Asia Operations 15 SECOR ROAD BROOKFIELD CT 06804
Luttati Michael J director, officer: Chief Executive Officer 15 SECOR ROAD BROOKFIELD CT 06804
Maris Willem D director 15 SECOR ROAD BROOKFIELD CT 06804
Tyson Mitchell G director 15 SECOR ROAD BROOKFIELD CT 06804
Yomazzo Michael J director 15 SECOR ROAD PO BOX 5226 BROOKFIELD CT 06804

Photronics Headlines

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