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Emerson Radio (Emerson Radio) Days Inventory : 244.74 (As of Dec. 2023)


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What is Emerson Radio Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emerson Radio's Average Total Inventories for the three months ended in Dec. 2023 was $5.75 Mil. Emerson Radio's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.14 Mil. Hence, Emerson Radio's Days Inventory for the three months ended in Dec. 2023 was 244.74.

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

MSN' s Days Inventory Range Over the Past 10 Years
Min: 25.75   Med: 85.82   Max: 217.2
Current: 217.2

During the past 13 years, Emerson Radio's highest Days Inventory was 217.20. The lowest was 25.75. And the median was 85.82.

MSN's Days Inventory is ranked worse than
83.01% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs MSN: 217.20

Emerson Radio's Days Inventory increased from Dec. 2022 (164.40) to Dec. 2023 (244.74). It might indicate that Emerson Radio's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Emerson Radio's Inventory Turnover for the three months ended in Dec. 2023 was 0.37.

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. Emerson Radio's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.19.


Emerson Radio Days Inventory Historical Data

The historical data trend for Emerson Radio'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.

Emerson Radio Days Inventory Chart

Emerson Radio 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 138.82 192.93 123.14 119.18 213.02

Emerson Radio 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 164.40 183.99 233.40 211.28 244.74

Competitive Comparison of Emerson Radio's Days Inventory

For the Consumer Electronics subindustry, Emerson Radio'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.


Emerson Radio's Days Inventory Distribution in the Hardware Industry

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

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



Emerson Radio Days Inventory Calculation

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

Emerson Radio'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
=( (2.112 + 3.813) / 2 ) / 5.076*365
=2.9625 / 5.076*365
=213.02

Emerson Radio'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
=( (5.74 + 5.761) / 2 ) / 2.144*365 / 4
=5.7505 / 2.144*365 / 4
=244.74

* 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.


Emerson Radio  (AMEX:MSN) 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.

Emerson Radio'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.

Emerson Radio'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.


Emerson Radio Days Inventory Related Terms

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


Emerson Radio (Emerson Radio) Business Description

Traded in Other Exchanges
N/A
Address
959 Route 46 East, Suite 210, Parsippany, NJ, USA, 07054
Emerson Radio Corp operates in the consumer electronics industry. The company designs, sources, imports, and markets a variety of houseware and consumer electronic products, and licenses the Emerson trademark domestically and internationally. Its products are offered to encompass televisions, digital versatile disc players and video cassette recorders, audio accessories, microwave ovens, home theatres, high-end audio products, office products, mobile stereo, and wireless products. geographically, it derives a majority of its revenue from the United States.
Executives
Richard Li officer: Chief Financial Officer C/O EMERSON RADIO CORP., 35 WATERVIEW BLVD., SUITE 140, PARSIPPANY NJ 07054
Omen Charm Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Bingzhao Tan 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Guichai He 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Ocean Rose Global Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Wealth Warrior Global Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Praisewise Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Merchant Link Holdings Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Splendid Brilliance (ptc) Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Aurizon Enterprises Ltd 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Rise Vision Global Ltd director, 10 percent owner UNIT C, 32/F., TML TOWER, NO. 3 HOI SHING ROAD, TSUEN WAN, NEW TERRITORIES K3 NO ZIP
Ho Wing On Christopher director 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909
Kin S Yuen director C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601
Accolade (ptc) Inc. 10 percent owner C/O 12TH FLOOR, THE GRANDE BUILDING, 398 KWUN TONG ROAD, KOWLOON K3 NONE
Ho Family Trust 10 percent owner 146 ROBINSON ROAD, #01-01, SINGAPORE U0 068909

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