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Elma Electronic AG (XSWX:ELMN) Days Inventory : 150.19 (As of Dec. 2023)


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What is Elma Electronic AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elma Electronic AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF48.8 Mil. Elma Electronic AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF59.3 Mil. Hence, Elma Electronic AG's Days Inventory for the six months ended in Dec. 2023 was 150.19.

The historical rank and industry rank for Elma Electronic AG's Days Inventory or its related term are showing as below:

XSWX:ELMN' s Days Inventory Range Over the Past 10 Years
Min: 92.88   Med: 106.16   Max: 146.01
Current: 146.01

During the past 13 years, Elma Electronic AG's highest Days Inventory was 146.01. The lowest was 92.88. And the median was 106.16.

XSWX:ELMN's Days Inventory is ranked worse than
67.26% of 2410 companies
in the Hardware industry
Industry Median: 101.97 vs XSWX:ELMN: 146.01

Elma Electronic AG's Days Inventory increased from Dec. 2022 (128.81) to Dec. 2023 (150.19). It might indicate that Elma Electronic AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elma Electronic AG's Inventory Turnover for the six months ended in Dec. 2023 was 1.22.

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. Elma Electronic AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.56.


Elma Electronic AG Days Inventory Historical Data

The historical data trend for Elma Electronic AG'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.

Elma Electronic AG Days Inventory Chart

Elma Electronic AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.74 105.43 116.29 127.86 142.85

Elma Electronic AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 122.20 126.17 128.81 144.92 150.19

Competitive Comparison of Elma Electronic AG's Days Inventory

For the Computer Hardware subindustry, Elma Electronic AG'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.


Elma Electronic AG's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Elma Electronic AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Elma Electronic AG's Days Inventory falls into.



Elma Electronic AG Days Inventory Calculation

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

Elma Electronic AG'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
=( (42.526 + 48.907) / 2 ) / 116.813*365
=45.7165 / 116.813*365
=142.85

Elma Electronic AG'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (48.757 + 48.907) / 2 ) / 59.337*365 / 2
=48.832 / 59.337*365 / 2
=150.19

* 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.


Elma Electronic AG  (XSWX:ELMN) 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.

Elma Electronic AG's Inventory Turnover for the six months ended in Dec. 2023 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.

Elma Electronic AG's Inventory to Revenue for the six months ended in Dec. 2023 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.


Elma Electronic AG Days Inventory Related Terms

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


Elma Electronic AG (XSWX:ELMN) Business Description

Traded in Other Exchanges
N/A
Address
Hofstrasse 93, Wetzikon, CHE, 8620
Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services.

Elma Electronic AG (XSWX:ELMN) Headlines

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