Escalon Medical (Escalon Medical) Days Inventory

: 83.05 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Escalon Medical's Average Total Inventories for the three months ended in Dec. 2023 was $1.46 Mil. Escalon Medical's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.61 Mil. Hence, Escalon Medical's Days Inventory for the three months ended in Dec. 2023 was 83.05.

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

ESMC' s Days Inventory Range Over the Past 10 Years
Min: 86.96 Med: 124.13 Max: 138.21
Current: 88.44

During the past 13 years, Escalon Medical's highest Days Inventory was 138.21. The lowest was 86.96. And the median was 124.13.

ESMC's Days Inventory is ranked better than
86.87% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 187.18 vs ESMC: 88.44

Escalon Medical's Days Inventory declined from Dec. 2022 (91.17) to Dec. 2023 (83.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Escalon Medical's Inventory Turnover for the three months ended in Dec. 2023 was 1.10.

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. Escalon Medical's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.

Escalon Medical Days Inventory Historical Data

The historical data trend for Escalon Medical'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.

Escalon Medical Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

135.18

128.64

96.67

90.44

86.96

Escalon Medical Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																91.17	94.09	88.45	85.97	83.05

Competitive Comparison

For the Medical Devices subindustry, Escalon Medical'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.

Escalon Medical Days Inventory Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Escalon Medical's Days Inventory distribution charts can be found below:

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

Escalon Medical Days Inventory Calculation

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

Escalon Medical'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
=	( (1.604	+	1.588)	/	2 )	/	6.699	*	365
=	1.596					/	6.699	*	365
=	86.96

Escalon Medical'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
=	( (1.519	+	1.408)	/	2 )	/	1.608	*	365 / 4
=	1.4635					/	1.608	*	365 / 4
=	83.05

Escalon Medical (OTCPK:ESMC) 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.

Escalon Medical's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.608	/	1.4635
	=	1.10

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.

Escalon Medical's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.4635	/	2.869
	=	0.51

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.

Escalon Medical Days Inventory Related Terms

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

Escalon Medical (Escalon Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Escalon Medical Corp (OTCPK:ESMC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

435 Devon Park Drive, Suite 824, Wayne, PA, USA, 19087

Website

https://www.escalonmedical.com

Escalon Medical Corp operates in the healthcare market specializing in the development, manufacture, marketing, and distribution of medical devices and pharmaceuticals in the area of ophthalmology. Its products are A-Scans, B-Scans, UBM, Pachymeters, Color/Fluorescein Angiography Digital Imaging Systems, Ispan Intraocular Gases, Surgical Packs, Viscous Fluid Transfer Systems, and AXIS Image Management. Substantial revenue is generated from the domestic sales of products.

Executives

David James Jacovini	director	120 PINE STREET, PHILADELPHIA PA 19106
John Dogum	director	1818 MARKET STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Richard J Depiano	director	435 DEVON PARK DRIVE, SUITE 100, WAYNE PA 19087
Lisa A Napolitano	director	351 EAST CONESTOGA ROAD, WAYNE PA 19087
C Sean Closkey	director	1700 MARKET STREET, 19TH FLOOR, PHILADELPHIA PA 19103
C Todd Trusk	director	1410 RUSSELL ROAD, SUITE 100, WAYNE PA 19301
Robert Michael O'connor	officer: Chief Financial Officer	53 SORREL RUN, MT. LAUREL NJ 08054
Anthony J Coppola	director	1 NORTH NEW YORK ROAD, SMITHVILLE NJ 08205
Federman Jay L Md	director	501 N. ESSEX AVENUE, NARBERTH PA 19072
Kwan William L G	director	351 EAST CONESTOGA ROAD, WAYNE PA 19087
Mark Wallace	officer: Chief Operating Officer	565 E SWEDESFORD ROAD, STE 200, WAYNE PA 19087
Fred G Choate	director	601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Depiano Richard J Jr	officer: President	575 E. SWEDESFORD ROAD, SUITE 100, WAYNE PA 19087
Berkowitz David	officer: Principal Accounting Officer	565 EAST SWEDESFORD ROAD, SUITE 200, WAYNE PA 19087
Mark H Karsch	officer: CFO	565 EAST SWEDESFORD ROAD, SUITE 200, WAYNE PA 19087

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