Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Days Inventory : 236.52 (As of Dec. 2023)

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What is Espey Manufacturing & Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Espey Manufacturing & Electronics's Average Total Inventories for the three months ended in Dec. 2023 was $18.56 Mil. Espey Manufacturing & Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $7.16 Mil. Hence, Espey Manufacturing & Electronics's Days Inventory for the three months ended in Dec. 2023 was 236.52.

The historical rank and industry rank for Espey Manufacturing & Electronics's Days Inventory or its related term are showing as below:

ESP' s Days Inventory Range Over the Past 10 Years
Min: 152.84 Med: 204.21 Max: 255.95
Current: 249.33

During the past 13 years, Espey Manufacturing & Electronics's highest Days Inventory was 255.95. The lowest was 152.84. And the median was 204.21.

ESP's Days Inventory is ranked worse than
84.65% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs ESP: 249.33

Espey Manufacturing & Electronics's Days Inventory declined from Dec. 2022 (260.86) to Dec. 2023 (236.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Espey Manufacturing & Electronics's Inventory Turnover for the three months ended in Dec. 2023 was 0.39.

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. Espey Manufacturing & Electronics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.80.

Espey Manufacturing & Electronics Days Inventory Historical Data

The historical data trend for Espey Manufacturing & Electronics'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.

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Espey Manufacturing & Electronics Days Inventory Chart

Espey Manufacturing & Electronics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

152.84

196.88

251.42

255.95

254.79

Espey Manufacturing & Electronics 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															260.86	218.08	277.67	282.46	236.52

Competitive Comparison of Espey Manufacturing & Electronics's Days Inventory

For the Electrical Equipment & Parts subindustry, Espey Manufacturing & Electronics'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.

Espey Manufacturing & Electronics's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Espey Manufacturing & Electronics's Days Inventory falls into.

Espey Manufacturing & Electronics Days Inventory Calculation

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

Espey Manufacturing & Electronics's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (18.56	+	19.89)	/	2 )	/	27.541	*	365
=	19.225					/	27.541	*	365
=	254.79

Espey Manufacturing & Electronics'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
=	( (19.255	+	17.862)	/	2 )	/	7.16	*	365 / 4
=	18.5585					/	7.16	*	365 / 4
=	236.52

Espey Manufacturing & Electronics (AMEX:ESP) 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.

Espey Manufacturing & Electronics's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.16	/	18.5585
	=	0.39

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.

Espey Manufacturing & Electronics's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.5585	/	10.303
	=	1.80

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.

Espey Manufacturing & Electronics Days Inventory Related Terms

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

Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Espey Manufacturing & Electronics Corp (AMEX:ESP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

233 Ballston Avenue, Saratoga Springs, NY, USA, 12866

Website

https://www.espey.com

Espey Manufacturing & Electronics Corp designs, develops, tests, and manufactures specialized military and rugged industrial power supplies and transformers for use in harsh or severe environment applications. Its products and solutions include power converters, power conditioning, high-voltage radar, contract manufacturing, custom engineering, and others. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power.

Executives

Nancy Koskey Patzwahl	director	81 OLD LANE, CLAVERACK NY 12513
Peggy A Murphy	officer: Corporate Secretary	91 FEEDER DAM RD, S GLENSFALLS NY 12803
Katrina Leonore Sparano	officer: Assistant Treasurer	670 ACLAND BLVD., BALLSTON SPA NY 12020
Howard M Pinsley	director, officer: President/CEO, other: Chairman of the Board	233 BALLSTON AVE., SARATOGA SPRINGS NY 12866
Barry Pinsley	director	6101 PELICAN BAY BLVD., NAPLES FL 34108
Alvin O Sabo	director	51 ISLAND VIEW ROAD, COHOES NY 12047
Paul J Corr	director	87 RAILROAD PLACE, UNIT 306, SARATOGA SPRINGS NY 12866
David A Oneil	officer: Treasurer	14 BRIDGET CIRCLE, COHOES NY 12047
Sexauer Roger Nicholas Ii	director	2820 BENNETT POINT RD., QUEENSTOWN MD 21658
Carl Helmetag	director	330 SEA VIEW, RIVERSIDE RI 02915
Enright Patrick Thomas Jr.	director, officer: President and CEO	3111 SQUAW CREEK TRAIL, BALLSTON SPA NY 12020
Michael W Wool	director	131 HILLS POINT RD, CHARLOTTE VT 05402
St Pierre Mark Francis	officer: President	13 SECLUDED RIDGE, SOUTHWICK MA 01077
Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust	10 percent owner, other: Retirement Plan Trust	233 BALLSTON AVE., SARATOGA SPRINGS NY 12866
Seymour Saslow	director	199 CAROLINE ST, SARATOGA SPRINGS NY 12866