SL Industries (SL Industries) Days Inventory : 67.48 (As of Mar. 2016)

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What is SL Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SL Industries's Average Total Inventories for the three months ended in Mar. 2016 was $24.0 Mil. SL Industries's Cost of Goods Sold for the three months ended in Mar. 2016 was $32.5 Mil. Hence, SL Industries's Days Inventory for the three months ended in Mar. 2016 was 67.48.

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

SLI's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 103.88
* Ranked among companies with meaningful Days Inventory only.

SL Industries's Days Inventory declined from Mar. 2015 (70.16) to Mar. 2016 (67.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. SL Industries's Inventory Turnover for the three months ended in Mar. 2016 was 1.35.

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. SL Industries's Inventory-to-Revenue for the three months ended in Mar. 2016 was 0.49.

SL Industries Days Inventory Historical Data

The historical data trend for SL 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.

SL Industries Days Inventory Chart

SL Industries Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

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57.04

59.75

60.55

61.22

64.87

SL Industries Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Days Inventory	Get a 7-Day Free Trial															70.16	66.76	68.24	63.84	67.48

Competitive Comparison of SL Industries's Days Inventory

For the Electronic Components subindustry, SL 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.

SL Industries's Days Inventory Distribution in the Hardware Industry

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

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

SL Industries Days Inventory Calculation

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

SL Industries's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (23.597	+	23.722)	/	2 )	/	133.132	*	365
=	23.6595					/	133.132	*	365
=	64.87

SL Industries's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

	Days Inventory (Q: Mar. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
=	( (23.722	+	24.37)	/	2 )	/	32.514	*	365 / 4
=	24.046					/	32.514	*	365 / 4
=	67.48

SL Industries (AMEX:SLI) 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.

SL Industries's Inventory Turnover for the three months ended in Mar. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	32.514	/	24.046
	=	1.35

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.

SL Industries's Inventory to Revenue for the three months ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.046	/	49.495
	=	0.49

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.

SL Industries Days Inventory Related Terms

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

SL Industries (SL Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SL Industries Inc (AMEX:SLI) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.slindustries.com

SL Industries Inc was incorporated as G-L Electronics Company in the state of New Jersey on March 29, 1956. The Companys name was changed to G-L Industries, Inc. in November 1963; SGL Industries, Inc. in November 1970; and then to the present name of SL Industries, Inc. in September 1984. The Company through its subsidiaries, designs, manufactures and markets power electronics, motion control, power protection, power quality, and specialized communication equipment that is used in a variety of medical, commercial and military aerospace, solar, computer, datacom, industrial, telecom, transportation, utility, rail and highway equipment applications. Its products are generally incorporated into larger systems to improve operating performance, safety, reliability and efficiency. The Companys products are largely sold to Original Equipment Manufacturers (OEMs), the utility industry and, to a lesser extent, to commercial distributors. The Company currently operates under four business segments: SL Power Electronics Corp. (SLPE), the High Power Group, SL Montevideo Technology, Inc. (SL-MTI) and RFL Electronics Inc. (RFL). TEAL Electronics Corp. (TEAL) and MTE Corporation (MTE) are combined into one business segment, which is reported as the High Power Group. SL Power Electronics Corp. designs, manufactures and markets high-reliability power conversion products in internal and external footprints. The Companys power supplies provide a reliable and safe power source for the customers specific equipment needs. SLPE, which sells products under three brand names (SL Power Electronics, Condor and Ault), is a supplier to the OEMs of medical, industrial/instrumentation, LED, and information technology equipment. The High Power Group sells products under two brand names: TEAL and MTE. TEAL designs and manufactures power quality products that include noise suppression isolation transformers, power conditioned distribution systems, voltage regulators, and high level integrated cabinets with preinstalled prewired power quality and distribution components. TEAL sells to OEMs of medical imaging, medical treatment, military aerospace, semiconductor, solar, and simulation systems. MTE designs and manufactures power quality solutions used to protect electrical equipment, bring harmonics into compliance, and improve the efficiency of variable speed motor drive systems. MTEs standard product lines include: harmonic filters, three-phase AC reactors, DC link chokes, and motor protection filters. TEAL and MTE also design and build customer specific and custom products for special applications. These products are typically used in industrial plants, renewable energy facilities, and commercial buildings. SL-MTI designs and manufactures high power density precision motors that are used in numerous mission critical applications, including military and commercial aerospace, oil and gas, medical, and industrial products. RFL designs and manufactures communication

Executives

Fejes William Theodore Jr	officer: President and CEO	440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201
James A Risher	director	8609 SIX FORKS RD, RALEIGH NC 27615
Louis J Belardi	officer: CFO, Secretary and Treasurer	520 FELLOWSHIP ROAD, SUITE A114, MT. LAUREL NJ 08054
Glen M Kassan	director, other: See Explanation of Responses	C/O STEEL PARTNERS, 590 MADISON AVE, NEW YORK NY 10022
Warren G Lichtenstein	director, other: See Explanation of Responses	C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mark E Schwarz	director	5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Avrum Gray	director	440 S LASALLE ST STE 650, CHIACAGO IL 60605
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Lp	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James R Henderson	other: Former Director as of 3/30/10
Steel Partners Llc	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022