Electro-Sensors (STU:ELY) Days Inventory : 143.43 (As of Dec. 2023)

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What is Electro-Sensors Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Electro-Sensors's Average Total Inventories for the three months ended in Dec. 2023 was €1.66 Mil. Electro-Sensors's Cost of Goods Sold for the three months ended in Dec. 2023 was €1.06 Mil. Hence, Electro-Sensors's Days Inventory for the three months ended in Dec. 2023 was 143.43.

The historical rank and industry rank for Electro-Sensors's Days Inventory or its related term are showing as below:

STU:ELY' s Days Inventory Range Over the Past 10 Years
Min: 141.06 Med: 152.79 Max: 170.8
Current: 152.88

During the past 13 years, Electro-Sensors's highest Days Inventory was 170.80. The lowest was 141.06. And the median was 152.79.

STU:ELY's Days Inventory is ranked worse than
69.44% of 2408 companies
in the Hardware industry
Industry Median: 102.555 vs STU:ELY: 152.88

Electro-Sensors's Days Inventory declined from Dec. 2022 (165.24) to Dec. 2023 (143.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Electro-Sensors's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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. Electro-Sensors's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.78.

Electro-Sensors Days Inventory Historical Data

The historical data trend for Electro-Sensors'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.

Electro-Sensors Days Inventory Chart

Electro-Sensors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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153.59

169.51

145.03

144.00

150.22

Electro-Sensors Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															165.24	158.09	158.72	159.62	143.43

Competitive Comparison of Electro-Sensors's Days Inventory

For the Scientific & Technical Instruments subindustry, Electro-Sensors'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.

Electro-Sensors's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electro-Sensors's Days Inventory distribution charts can be found below:

* The bar in red indicates where Electro-Sensors's Days Inventory falls into.

Electro-Sensors Days Inventory Calculation

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

Electro-Sensors's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.647	+	1.606)	/	2 )	/	3.952	*	365
=	1.6265					/	3.952	*	365
=	150.22

Electro-Sensors's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.72	+	1.606)	/	2 )	/	1.058	*	365 / 4
=	1.663					/	1.058	*	365 / 4
=	143.43

Electro-Sensors (STU:ELY) 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.

Electro-Sensors's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.058	/	1.663
	=	0.64

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.

Electro-Sensors's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.663	/	2.124
	=	0.78

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.

Electro-Sensors Days Inventory Related Terms

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

Electro-Sensors (STU:ELY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Electro-Sensors Inc (STU:ELY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ELSE:USA

Address

6111 Blue Circle Drive, Minnetonka, MN, USA, 55343-9108

Website

https://www.electro-sensors.com

Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.

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