Plexus Corp

NASDAQ PLXS

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Plexus Corp Days in Inventory 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -16.53%

Plexus Corp Days in Inventory 5 year CAGR is -16.53% for the Trailing 12 Months (TTM) ending March 31, 2024, a -302.20% change year over year. The days in inventory ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing 365 by the ratio of cost of revenue to the average of inventory and other current assets. This ratio indicates the efficiency of inventory management and the company's ability to convert inventory into sales within a specific period. A lower number of days in inventory is generally preferable. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Plexus Corp Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2023 was 318.34, a 15.76% change year over year.
Plexus Corp Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2022 was 275.00, a 44.88% change year over year.
Plexus Corp Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2021 was 189.80, a -1.84% change year over year.
Plexus Corp Days in Inventory for the Trailing 12 Months (TTM) ending April 30, 2020 was 193.37, a -1.95% change year over year.

NASDAQ: PLXS

Plexus Corp

CEO	Mr. Todd P. Kelsey
IPO Date	Feb. 5, 1986
Location	United States
Headquarters	One Plexus Way, Neenah, WI, United States, 54957
Employees	20,000
Sector	Technology
Industry	Electronic components

Description

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors. The company was founded in 1979 and is headquartered in Neenah, Wisconsin.

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