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Electro Scientific Industries (Electro Scientific Industries) Days Inventory : 178.20 (As of Dec. 2018)


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What is Electro Scientific Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Electro Scientific Industries's Average Total Inventories for the three months ended in Dec. 2018 was $81.6 Mil. Electro Scientific Industries's Cost of Goods Sold for the three months ended in Dec. 2018 was $41.8 Mil. Hence, Electro Scientific Industries's Days Inventory for the three months ended in Dec. 2018 was 178.20.

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

ESIO's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 130.77
* Ranked among companies with meaningful Days Inventory only.

Electro Scientific Industries's Days Inventory increased from Dec. 2017 (107.51) to Dec. 2018 (178.20). It might indicate that Electro Scientific Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electro Scientific Industries's Inventory Turnover for the three months ended in Dec. 2018 was 0.51.

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 Scientific Industries's Inventory-to-Revenue for the three months ended in Dec. 2018 was 1.20.

Electro Scientific Industries Days Inventory Historical Data

The historical data trend for Electro Scientific 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.

Electro Scientific Industries Days Inventory Chart

Electro Scientific Industries Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.02 201.90 191.35 218.90 129.24

Electro Scientific Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 107.51 126.12 144.56 171.10 178.20

Competitive Comparison of Electro Scientific Industries's Days Inventory

For the Semiconductors subindustry, Electro Scientific 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.

Electro Scientific Industries's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Electro Scientific Industries's Days Inventory distribution charts can be found below:

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


Electro Scientific Industries Days Inventory Calculation

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

Electro Scientific Industries's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

Days Inventory (A: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (58.942 + 87.686) / 2 ) / 207.054*365
=73.314 / 207.054*365
=129.24

Electro Scientific Industries's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

Days Inventory (Q: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2018 ) + Total Inventories (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (81.434 + 81.846) / 2 ) / 41.804*365 / 4
=81.64 / 41.804*365 / 4
=178.20

* 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.

Electro Scientific Industries  (NAS:ESIO) 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 Scientific Industries's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=41.804 / 81.64
=0.51

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 Scientific Industries's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=81.64 / 67.942
=1.20

* 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.

Electro Scientific Industries Days Inventory Related Terms

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

Electro Scientific Industries (Electro Scientific Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Electro Scientific Industries Inc (NAS:ESIO) » Definitions » Days Inventory
Comparable Companies
TSE:3132 SZSE:300672 SZSE:300373 TPE:5269 ROCO:5274 XKRX:098460 SZSE:300236 SHSE:600770 SZSE:002449 SZSE:300327 TPE:2448 TPE:3443 SHSE:603936 TPE:8150 TPE:3036 SHSE:603005 SZSE:002512 SZSE:300458 SZSE:002079 ROCO:3529
Traded in Other Exchanges
N/A
Address
Website
http://www.esi.com
Electro Scientific Industries Inc is a manufacturer of electronic components. The company operates through two segments: Component Processing and Micromachining. The Component Processing segment includes interconnect products, semiconductor products, and component products. The interconnect, semiconductor and component products are sold to manufacturers of electronic components and are used to drill, cut, trim, ablate and test and mark features for the functionality of the component. The Micromachining segment includes products that are sold to manufacturers of end devices across various industries and are used to drill, cut or mark features on a range of materials, generally on the casing or external surface of the end device.
Executives
Raymond A Link director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael D Burger officer: PRESIDENT AND CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: CHIEF FINANCIAL OFFICER 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Lynne J Camp director 714 NW 914TH TERRACE, PORTLAND OR 97229
Paul R Oldham officer: CFO, Sr. VP of Finance 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John K Medica director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPWY, BLDG C, AUSTIN TX 78759
Edward C Grady director, officer: President & CEO
Richard J Faubert director 14242 S CANYON DR, PHOENIX AZ 85048
Jon D Tompkins director 17075 THORNMINT COURT, SAN DIEGO CA 92127
D3 Family Fund Lp director, 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
Nierenberg Investment Management Co director 19605 NE 8TH ST, CAMAS WA 98607
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Offshore Inc 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
D3 Family Canadian Fund, L.p. 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
D3 Offshore Fund Lp 10 percent owner 19605 NE 8TH ST CAMAS WA 98607