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IEH (IEHC) Days Inventory : 198.73 (As of Dec. 2023)


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What is IEH Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IEH's Average Total Inventories for the three months ended in Dec. 2023 was $9.76 Mil. IEH's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.48 Mil. Hence, IEH's Days Inventory for the three months ended in Dec. 2023 was 198.73.

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

IEHC' s Days Inventory Range Over the Past 10 Years
Min: 149.78   Med: 194.67   Max: 253.76
Current: 201.71

During the past 13 years, IEH's highest Days Inventory was 253.76. The lowest was 149.78. And the median was 194.67.

IEHC's Days Inventory is ranked worse than
80.25% of 2405 companies
in the Hardware industry
Industry Median: 103.77 vs IEHC: 201.71

IEH's Days Inventory declined from Dec. 2022 (199.81) to Dec. 2023 (198.73).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. IEH's Inventory Turnover for the three months ended in Dec. 2023 was 0.46.

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. IEH's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.91.


IEH Days Inventory Historical Data

The historical data trend for IEH'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.

IEH Days Inventory Chart

IEH Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253.76 174.81 149.78 179.68 190.22

IEH Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 199.81 181.53 203.60 225.17 198.73

Competitive Comparison of IEH's Days Inventory

For the Electronic Components subindustry, IEH'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.


IEH's Days Inventory Distribution in the Hardware Industry

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

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



IEH Days Inventory Calculation

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

IEH's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (9.728 + 9.446) / 2 ) / 18.396*365
=9.587 / 18.396*365
=190.22

IEH's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (9.734 + 9.78) / 2 ) / 4.48*365 / 4
=9.757 / 4.48*365 / 4
=198.73

* 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.


IEH  (OTCPK:IEHC) 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.

IEH'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.

IEH'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.


IEH Days Inventory Related Terms

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


IEH (IEHC) Business Description

Traded in Other Exchanges
N/A
Address
140 58th Street, Suite 8E, Brooklyn, NY, USA, 11220
IEH Corp designs develops and manufactures printed circuit board (PCB) connectors, custom interconnects, and contacts for high-performance applications. With its Hyperboloid technology, It supplies durable, reliable connectors for demanding environments. The company markets to companies in defense, aerospace, space, and industrial applications, in the United States, Canada, Europe, Southeast, and Central Asia, and the Mideast. The company generates the majority of its revenue from United states.
Executives
Subrata Purkayastha officer: Chief Financial Officer 140 58TH STREET, BUILDING B SUITE 8E, BROOKLYN NY 11220
Gail Offerman 10 percent owner 2984 WYNSUM AVENUE, MERRICK NY 11566
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
2020 David Offerman Trust 10 percent owner 17 MOHAWK TRAIL, WESTFIELD NJ 07090
William H Craig officer: Chief Financial Officer
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Michael E Rosenfeld director 1365 YORK AVENUE, APT. 3A, NEW YORK NY 10021
Dave Offerman director, officer: Chief Executive Officer 140 58TH STREET, SUITE 8E, BROOKLYN NY 11220
Robert Knoth officer: CFO, Secretary and Treasurer 140 58TH STREET, BLDG. B, SUITE 8E, IEH CORPORATION, BROOKLYN NY 11220
Gerald E. Chafetz director C/O IEH CORP. 140 58TH STREET, BLDG. B, SUITE 8E, BROOKLYN NY 11220
Michael Offerman director, 10 percent owner, officer: Chairman & President