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ERF Wireless (ERF Wireless) Days Inventory : 24.01 (As of Sep. 2014)


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What is ERF Wireless Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ERF Wireless's Average Total Inventories for the three months ended in Sep. 2014 was $0.27 Mil. ERF Wireless's Cost of Goods Sold for the three months ended in Sep. 2014 was $1.01 Mil. Hence, ERF Wireless's Days Inventory for the three months ended in Sep. 2014 was 24.01.

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

ERFB's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 103.77
* Ranked among companies with meaningful Days Inventory only.

ERF Wireless's Days Inventory declined from Sep. 2013 (29.12) to Sep. 2014 (24.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. ERF Wireless's Inventory Turnover for the three months ended in Sep. 2014 was 3.80.

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. ERF Wireless's Inventory-to-Revenue for the three months ended in Sep. 2014 was 0.19.


ERF Wireless Days Inventory Historical Data

The historical data trend for ERF Wireless'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.

ERF Wireless Days Inventory Chart

ERF Wireless Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.28 31.12 31.95 33.75 28.13

ERF Wireless Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 29.12 24.44 25.26 24.97 24.01

Competitive Comparison of ERF Wireless's Days Inventory

For the Communication Equipment subindustry, ERF Wireless'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.


ERF Wireless's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ERF Wireless's Days Inventory distribution charts can be found below:

* The bar in red indicates where ERF Wireless's Days Inventory falls into.



ERF Wireless Days Inventory Calculation

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

ERF Wireless's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.377 + 0.264) / 2 ) / 4.159*365
=0.3205 / 4.159*365
=28.13

ERF Wireless's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

Days Inventory (Q: Sep. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (0.262 + 0.269) / 2 ) / 1.009*365 / 4
=0.2655 / 1.009*365 / 4
=24.01

* 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.


ERF Wireless  (OTCPK:ERFB) 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.

ERF Wireless's Inventory Turnover for the three months ended in Sep. 2014 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.

ERF Wireless's Inventory to Revenue for the three months ended in Sep. 2014 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.


ERF Wireless Days Inventory Related Terms

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


ERF Wireless (ERF Wireless) Business Description

Traded in Other Exchanges
N/A
Address
13500 Noel Road, Suite 436, Dallas, TX, USA, 75240
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.