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Ergo Science (Ergo Science) Days Inventory : 8.10 (As of Sep. 2006)


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What is Ergo Science Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ergo Science's Average Total Inventories for the three months ended in Sep. 2006 was $0.58 Mil. Ergo Science's Cost of Goods Sold for the three months ended in Sep. 2006 was $6.53 Mil. Hence, Ergo Science's Days Inventory for the three months ended in Sep. 2006 was 8.10.

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

ERGN's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 30.4
* Ranked among companies with meaningful Days Inventory only.

Ergo Science's Days Inventory increased from Sep. 2005 (6.32) to Sep. 2006 (8.10). It might indicate that Ergo Science's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ergo Science's Inventory Turnover for the three months ended in Sep. 2006 was 11.27.

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. Ergo Science's Inventory-to-Revenue for the three months ended in Sep. 2006 was 0.06.


Ergo Science Days Inventory Historical Data

The historical data trend for Ergo Science'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.

Ergo Science Days Inventory Chart

Ergo Science Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.25 8.05

Ergo Science Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 6.32 - 5.19 6.57 8.10

Competitive Comparison of Ergo Science's Days Inventory

For the Staffing & Employment Services subindustry, Ergo Science'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.


Ergo Science's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ergo Science's Days Inventory distribution charts can be found below:

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



Ergo Science Days Inventory Calculation

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

Ergo Science's Days Inventory for the fiscal year that ended in Dec. 2005 is calculated as

Days Inventory (A: Dec. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2004 ) + Total Inventories (A: Dec. 2005 )) / count ) / Cost of Goods Sold (A: Dec. 2005 )*Days in Period
=( (0.555 + 0.273) / 2 ) / 18.765*365
=0.414 / 18.765*365
=8.05

Ergo Science's Days Inventory for the quarter that ended in Sep. 2006 is calculated as:

Days Inventory (Q: Sep. 2006 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2006 ) + Total Inventories (Q: Sep. 2006 )) / count ) / Cost of Goods Sold (Q: Sep. 2006 )*Days in Period
=( (0.593 + 0.566) / 2 ) / 6.53*365 / 4
=0.5795 / 6.53*365 / 4
=8.10

* 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.


Ergo Science  (GREY:ERGN) 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.

Ergo Science's Inventory Turnover for the three months ended in Sep. 2006 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.

Ergo Science's Inventory to Revenue for the three months ended in Sep. 2006 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.


Ergo Science Days Inventory Related Terms

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


Ergo Science (Ergo Science) Business Description

Traded in Other Exchanges
N/A
Address
402 Office Park Drive, Suite 260, Birmingham, AL, USA, 35223
Ergo Science Corp is a United States based workforce injury prevention and treatment provider. It is focused on employee safety and employer risk reduction. The company offers physical abilities tests built from defensible, peer-reviewed research; evidence-based injury prevention and rehabilitation for diversified businesses.
Executives
Citigroup Inc director 388 GREENWICH STREET, NEW YORK NY 10013
Iticorp director 399 PARK AVENUE, NEW YORK NY 10043
Citicorp Banking Corp director ONE PENNS WAY, NEW CASTLE DE 19720
Citigroup Holdings Co director 336 THE STRAND, LONDON ENGLAND
Court Square Capital Ltd director 399 PARK AVE, NEW YORK NY 10043

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