EVI Industries (EVI Industries) Days Inventory : 79.98 (As of Dec. 2023)

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What is EVI Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EVI Industries's Average Total Inventories for the three months ended in Dec. 2023 was $56.9 Mil. EVI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $65.0 Mil. Hence, EVI Industries's Days Inventory for the three months ended in Dec. 2023 was 79.98.

The historical rank and industry rank for EVI Industries's Days Inventory or its related term are showing as below:

EVI' s Days Inventory Range Over the Past 10 Years
Min: 25.54 Med: 44.3 Max: 82.78
Current: 82.78

During the past 13 years, EVI Industries's highest Days Inventory was 82.78. The lowest was 25.54. And the median was 44.30.

EVI's Days Inventory is ranked better than
54.23% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs EVI: 82.78

EVI Industries's Days Inventory declined from Dec. 2022 (90.21) to Dec. 2023 (79.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. EVI Industries's Inventory Turnover for the three months ended in Dec. 2023 was 1.14.

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. EVI Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.62.

EVI Industries Days Inventory Historical Data

The historical data trend for EVI Industries'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.

EVI Industries Days Inventory Chart

EVI Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

43.43

51.04

49.28

70.21

79.07

EVI Industries 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															90.21	83.16	84.08	85.47	79.98

Competitive Comparison of EVI Industries's Days Inventory

For the Industrial Distribution subindustry, EVI Industries'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.

EVI Industries's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, EVI Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where EVI Industries's Days Inventory falls into.

EVI Industries Days Inventory Calculation

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

EVI Industries's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (49.359	+	59.167)	/	2 )	/	250.49	*	365
=	54.263					/	250.49	*	365
=	79.07

EVI Industries'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
=	( (57.693	+	56.172)	/	2 )	/	64.958	*	365 / 4
=	56.9325					/	64.958	*	365 / 4
=	79.98

EVI Industries (AMEX:EVI) 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.

EVI Industries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64.958	/	56.9325
	=	1.14

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.

EVI Industries's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56.9325	/	91.364
	=	0.62

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.

EVI Industries Days Inventory Related Terms

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

EVI Industries (EVI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » EVI Industries Inc (AMEX:EVI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4500 Biscayne Boulevard, Suite 340, Miami, FL, USA, 33137

Website

https://www.evi-ind.com

EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America.

Executives

Hal M Lucas	director	290 NE 68 STREET, MIAMI FL 33138
Thomas Marks	officer: EVP, Business Development	2331 TRIPALDI WAY, HAYWARD CA 94545
Henry M Nahmad	director, 10 percent owner, officer: Chairman, CEO and President	C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert Lazar	officer: Chief Financial Officer	770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
David Blyer	director
Glen Kruger	director	4500 BISCAYNE BOULEVARD, SUITE 340, MIAMI FL 33137
Timothy P Lamacchia	director	290 N.E. 68TH STREET, MIAMI FL 33138
Western State Design, Llc	10 percent owner	2331 TRIPALDI WAY, HAYWARD CA 94545
Dennis W. Mack	director, 10 percent owner, officer: Executive Vice President	2331 TRIPALDI WAY, HAYWARD CA 94545
Michael S Steiner	director, 10 percent owner, officer: President and CEO	290 NE 68 STREET, MIAMI FL 33138
Symmetric Capital Ii Llc	10 percent owner	290 NE 68 STREET, MIAMI FL 33138
Todd Oretsky	director	330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312
Symmetric Capital Llc	10 percent owner	C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert M Steiner	10 percent owner	315 CORNWALL STREET, SAN FRANCISCO CA 94118
Indelicato Venerando	director, officer: Treasurer and CFO	12307 MARBLEHEAD DRIVE, TAMPA FL 33626