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Servotronics (Servotronics) Days Inventory : 139.40 (As of Dec. 2023)


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What is Servotronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Servotronics's Average Total Inventories for the three months ended in Dec. 2023 was $14.62 Mil. Servotronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.57 Mil. Hence, Servotronics's Days Inventory for the three months ended in Dec. 2023 was 139.40.

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

SVT' s Days Inventory Range Over the Past 10 Years
Min: 142.55   Med: 163.33   Max: 229.84
Current: 152.53

During the past 13 years, Servotronics's highest Days Inventory was 229.84. The lowest was 142.55. And the median was 163.33.

SVT's Days Inventory is ranked worse than
63.5% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs SVT: 152.53

Servotronics's Days Inventory declined from Dec. 2022 (193.79) to Dec. 2023 (139.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Servotronics's Inventory Turnover for the three months ended in Dec. 2023 was 0.65.

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. Servotronics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.19.


Servotronics Days Inventory Historical Data

The historical data trend for Servotronics'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.

Servotronics Days Inventory Chart

Servotronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.32 191.07 229.84 212.09 145.11

Servotronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 193.79 158.25 176.16 151.43 139.40

Competitive Comparison of Servotronics's Days Inventory

For the Electrical Equipment & Parts subindustry, Servotronics'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.


Servotronics's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Servotronics's Days Inventory distribution charts can be found below:

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



Servotronics Days Inventory Calculation

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

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

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (14.286 + 14.198) / 2 ) / 35.824*365
=14.242 / 35.824*365
=145.11

Servotronics'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
=( (15.048 + 14.198) / 2 ) / 9.572*365 / 4
=14.623 / 9.572*365 / 4
=139.40

* 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.


Servotronics  (AMEX:SVT) 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.

Servotronics'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.

Servotronics'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.


Servotronics Days Inventory Related Terms

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


Servotronics (Servotronics) Business Description

Traded in Other Exchanges
N/A
Address
1110 Maple Street, Post Office Box 300, Elma, NY, USA, 14059
Servotronics Inc is a U.S based company that designs, manufactures, and markets technology products consisting of control components and consumer products, consisting of knives and various types of cutlery and other edged products. The company operates in the segments of Technology Group, which is the key revenue-generating segment, and Consumer Products Group. Technology Group operations involve the design, manufacture, and marketing of servo-control components, which include torque motors, control valves, and actuators, among others for government, commercial and industrial applications. Consumer Products Group operations involve the designing, manufacturing, and marketing of a range of cutlery products for use by consumers and government agencies.
Executives
Robert Fraass officer: Chief Financial Officer 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Kenneth D Trbovich officer: President 1110 MAPLE STREET, ELMA NY 14059
Estate Of Nicholas D. Trbovich, Sr. 10 percent owner 960 PORTERVILLE ROAD, EAST AURORA NY 14052
Brent D Baird 10 percent owner 1350 ONE M&T PLAZA, BUFFALO NY 14203-2396
Evan H Wax director 44 CHERRY LANE, MADISON CT 06443
Founders Software, Inc. 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Snyder Paul L. Iii 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Beaver Hollow Wellness, Llc 10 percent owner 401 EAST AMHERST ST, BUFFALO NY 14215
Edward C Cosgrove director 525 DELAWARE AVENUE, BUFFALO NY 14202
Lucion P Gygax director 1110 MAPLE STREET, ELMA NY 14059
Christopher M Marks director 360 DELAWARE AVENUE, SUITE 230, BUFFALO NY 14202
Karen L Howard director C/O SERVOTRONICS, INC., 1110 MAPLE STREET, ELMA NY 14059
Farrell William F Jr. director, officer: Chief Executive Officer 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059
Jason T Bear director 5301 N. COMMERCE AVE., SUITE C, MOORPARK CA 93021
Lisa F Bencel officer: Chief Financial Officer 1110 MAPLE STREET, ELMA NY 14059