MOCON (MOCO) Days Inventory : 95.12 (As of Mar. 2017)

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What is MOCON Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MOCON's Average Total Inventories for the three months ended in Mar. 2017 was $7.12 Mil. MOCON's Cost of Goods Sold for the three months ended in Mar. 2017 was $6.83 Mil. Hence, MOCON's Days Inventory for the three months ended in Mar. 2017 was 95.12.

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

MOCO's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 104.01
* Ranked among companies with meaningful Days Inventory only.

MOCON's Days Inventory declined from Mar. 2016 (106.84) to Mar. 2017 (95.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. MOCON's Inventory Turnover for the three months ended in Mar. 2017 was 0.96.

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. MOCON's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.46.

MOCON Days Inventory Historical Data

The historical data trend for MOCON'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.

MOCON Days Inventory Chart

MOCON Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

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87.39

97.58

104.09

109.35

95.81

MOCON Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Days Inventory	Get a 7-Day Free Trial															106.84	102.30	99.83	87.97	95.12

Competitive Comparison of MOCON's Days Inventory

For the Scientific & Technical Instruments subindustry, MOCON'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.

MOCON's Days Inventory Distribution in the Hardware Industry

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

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

MOCON Days Inventory Calculation

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

MOCON's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (7.79	+	6.728)	/	2 )	/	27.654	*	365
=	7.259					/	27.654	*	365
=	95.81

MOCON's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

	Days Inventory (Q: Mar. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
=	( (6.728	+	7.515)	/	2 )	/	6.832	*	365 / 4
=	7.1215					/	6.832	*	365 / 4
=	95.12

MOCON (NAS:MOCO) 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.

MOCON's Inventory Turnover for the three months ended in Mar. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.832	/	7.1215
	=	0.96

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.

MOCON's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.1215	/	15.496
	=	0.46

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.

MOCON Days Inventory Related Terms

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

MOCON (MOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MOCON Inc (NAS:MOCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mocon.com

MOCON Inc was incorporated as a Minnesota corporation in February 1966. The Company designs, manufactures, markets and services products, and provides consulting services, in the test and measurement, analytical instrument and services markets. Its products includes instruments that detects, measures and monitors gases and other chemical compounds which help its customers improves the quality of their products, as well as develops new products. Its gas and vapor permeation instruments were first used in the food packaging industry, starting in the 1970s, to measure small amounts of moisture which can adversely affect dry cereals and other food packaging. The Company's products serve markets such as foods, beverages, pharmaceuticals and consumer products, oil and gas exploration and industrial and environmental safety. It develops, manufactures, markets and services test and measurement, analytical and monitoring instruments and systems used to detect, measure and analyze gases and other chemical compounds, as well as providing related consulting services. The market for these products consists of manufacturers of packaging materials, including manufacturers of papers, plastic films, coatings and containers and the users of such packaging materials, such as companies in the food, beverage, pharmaceutical and consumer product industries. Its other customers include manufacturers of flat panel displays, solar panels, electronics, and many other sophisticated materials. The Company has four operating segments which are combined into three reporting segments as follows; Permeation Products and Services, Package Testing Products and Services, and Industrial Analyzer Products and Services and Other. Its permeation products consist of systems and services that measure the rate at which various gases and vapors transmit through a variety of materials. These products perform measurements under precise temperature, pressure and relative humidity conditions. It manufactures and sells three products in this group; headspace analyzers, leak detection equipment and gas mixers. Its headspace analyzer products are used to analyze the amount and type of gas present in the headspace of flexible and rigid packages, as applied to gas flushing in modified or controlled atmosphere packaging. It manufactures and distributes gas analysis and monitoring instrumentation used in applications such as oil and gas exploration, process gas analysis, industrial hygiene and safety, environmental air monitoring and indoor air quality. Its microbial detection products are designed to rapidly detect microbial growth in food and beverage samples. The Company manufactures and sells three products in this group; headspace analyzers, leak detection equipment and gas mixers. Its trademarks and service marks include the following; MOCON, APCHECK, AQUATRACE, AQUATRAN, AROMATRAN, AROMATRAX, BASELINE, BEVALERT, CALCARD, CAL-SMART, CheckPoint, CMV-2, COULOX, FLO SMART, GREENL

Executives

Bradley D Goskowicz	director
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Robert F Gallagher	director	C/O RESISTANCE TECHNOLOGY INC 1260 RED FOX ROAD ARDEN HILLS MN 55112
Robert L Demorest	director, officer: Chairman, President and CEO	2235 VALE CREST, MINNEAPOLIS MN 55422
Paul R Zeller	director	C/O IMATION CORP, 1 IMATION PL, OAKDALE MN 55128
Darrell B Lee	officer: VP, CFO, Treasurer & Secretary	C/O MOCON, INC., 7500 BOONE AVENUE NORTH, MINNEAPOLIS MN 55428