Days Inventory is also known as Days Sales of Inventory (DSI). EMCOR Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $113 Mil. EMCOR Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,821 Mil.
Hence, EMCOR Group's Days Inventory for the
three
months ended in Dec. 2023 was 3.66.
The historical rank and industry rank for EMCOR Group's Days Inventory or its related term are showing as below:
EME'
s Days Inventory Range Over the Past 10 Years
Min: 1.93 Med: 2.32 Max: 3.61
Current: 3.61
During the past 13 years, EMCOR Group's highest Days Inventory was 3.61. The lowest was 1.93. And the median was 2.32.
EME's Days Inventory is ranked better than 88.86% of 1392
companies
in the Construction industry
Industry Median: 48.6
vs EME: 3.61
EMCOR Group's Days Inventory
increased
from Dec. 2022 (3.43) to Dec. 2023 (3.66).
It might indicate that EMCOR Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
EMCOR Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 24.94.
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.
EMCOR Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.03.
EMCOR Group Days Inventory Historical Data
The historical data trend for EMCOR Group'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.
For the Engineering & Construction subindustry, EMCOR Group'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.
EMCOR Group Days Inventory Distribution
For the Construction industry and Industrials sector, EMCOR Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where EMCOR Group's Days Inventory falls into.
EMCOR Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
EMCOR Group's Days Inventory for the fiscal year that 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.
EMCOR Group (NYSE:EME) 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.
EMCOR Group's Inventory Turnover for the
three
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.
EMCOR Group's Inventory to Revenue for the
three
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.
EMCOR Group Days Inventory Related Terms
Thank you for viewing the detailed overview of EMCOR Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
EMCOR Group Inc is one of the largest electrical, mechanical, construction, and facilities services firms in the United States. It provides a wide range of services, including the installation of electrical distribution systems, voice & data communication systems, and environmental controls within buildings. The company's services are provided to a broad range of commercial, industrial, utility, and institutional customers. Emcor Group enters contracts for large installation projects in the multimillion-dollar range, or smaller projects involving renovations and retrofit work. It also operates as a subcontractor to general contractors, systems suppliers, and property managers. It generates sales primarily in the United States, but the company does offer services United kingdom.
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