Electro Rent (Electro Rent) Days Inventory

: 0.00 (As of Feb. 2016) 中文

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Days Inventory is also known as Days Sales of Inventory (DSI). Electro Rent's Average Total Inventories for the three months ended in Feb. 2016 was $0.0 Mil. Electro Rent's Cost of Goods Sold for the three months ended in Feb. 2016 was $10.6 Mil. Hence, Electro Rent's Days Inventory for the three months ended in Feb. 2016 was 0.00.

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

ELRC's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.14
* Ranked among companies with meaningful Days Inventory only.

Electro Rent's Days Inventory stayed the same from Feb. 2015 (0.00) to Feb. 2016 (0.00).

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

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 Rent's Inventory-to-Revenue for the three months ended in Feb. 2016 was 0.00.

Electro Rent Days Inventory Historical Data

The historical data trend for Electro Rent'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 Rent Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Days Inventory

Electro Rent Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Days Inventory																-	-	-	-	-

Competitive Comparison

For the Rental & Leasing Services subindustry, Electro Rent'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 Rent Days Inventory Distribution

For the Business Services industry and Industrials sector, Electro Rent's Days Inventory distribution charts can be found below:

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

Electro Rent Days Inventory Calculation

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

Electro Rent's Days Inventory for the fiscal year that ended in May. 2015 is calculated as

	Days Inventory (A: May. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2014 )	+	Total Inventories (A: May. 2015 ))	/	count )	/	Cost of Goods Sold (A: May. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	99.643	*	365
=	0					/	99.643	*	365
=	0.00

Electro Rent's Days Inventory for the quarter that ended in Feb. 2016 is calculated as:

	Days Inventory (Q: Feb. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2015 )	+	Total Inventories (Q: Feb. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	10.582	*	365 / 4
=	0					/	10.582	*	365 / 4
=	0.00

Electro Rent (NAS:ELRC) 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 Rent's Inventory Turnover for the three months ended in Feb. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.582	/	0
	=

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 Rent's Inventory to Revenue for the three months ended in Feb. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	39.498
	=	0.00

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 Rent Days Inventory Related Terms

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

Electro Rent (Electro Rent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Electro Rent Corp (NAS:ELRC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.electrorent.com

Electro Rent Corp was incorporated in California in 1965 and became a publicly held corporation in 1980. The Company rental, lease and sells of new and used electronic test and measurement equipment. The Company purchases that equipment from manufacturers such as Agilent and Tektronix primarily for use by its customers in the aerospace, telecommunications, defense, electronics, industrial and semiconductor industries. The Company data products division provides personal computers and servers from manufacturers including Dell, HP/Compaq, IBM, Toshiba and Apple. It has also expanded its rental, lease and sale of electrical test and inspection equipment used in the industrial industry, which includes electrical contractors and utility companies and their related support services providers. The Company's competitors in the North American T&M rental area include McGrath Rent Corp., Continental Resources, Test Equity and Microlease PLC. It competes for rental business with Microlease plc and Livingston Group Ltd. in Europe and Orix Corporation in Asia.

Executives

James S Pignatelli	director	2300 E SLINGSHOT WAY, KAMAS UT 84036
Theodore E Guth	director	6060 SEPULVEDA BOULEVARD, VAN NUYS CA 91411
Joseph J Kearns	director	C/O ELECTRO RENT CORP, 6060 SEPULVEDA BLVD, VAN NUYS CA 91411
Platinum Equity Llc	10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Iii, Llc	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iii, Llc	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
S Lee Kling	director	1401 S BRENTWOOD BLVD, ST LOUIS MO 63144

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