Days Inventory is also known as Days Sales of Inventory (DSI). EnerTeck's Average Total Inventories for the
three
months ended in Sep. 2023 was $0.18 Mil. EnerTeck's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $0.00 Mil.
Hence, EnerTeck's Days Inventory for the
three
months ended in Sep. 2023 was 5,581.46.
The historical rank and industry rank for EnerTeck's Days Inventory or its related term are showing as below:
ETCK'
s Days Inventory Range Over the Past 10 Years
Min: 652.64 Med: 1541.04 Max: 2828.75
Current: 1563.56
During the past 13 years, EnerTeck's highest Days Inventory was 2828.75. The lowest was 652.64. And the median was 1541.04.
ETCK's Days Inventory is ranked worse than 99.46% of 1495
companies
in the Chemicals industry
Industry Median: 82.92
vs ETCK: 1563.56
EnerTeck's Days Inventory
increased
from Sep. 2022 (4,231.72) to Sep. 2023 (5,581.46).
It might indicate that EnerTeck's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
EnerTeck's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.02.
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.
EnerTeck's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 6.80.
EnerTeck Days Inventory Historical Data
The historical data trend for EnerTeck'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.
Competitive Comparison of EnerTeck's Days Inventory
For the Specialty Chemicals subindustry, EnerTeck'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.
EnerTeck's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, EnerTeck's Days Inventory distribution charts can be found below:
* The bar in red indicates where EnerTeck's Days Inventory falls into.
EnerTeck Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
EnerTeck's Days Inventory for the fiscal year that ended in Dec. 2022 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.
EnerTeck (OTCPK:ETCK) 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.
EnerTeck's Inventory Turnover for the
three
months ended in Sep. 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.
EnerTeck's Inventory to Revenue for the
three
months ended in Sep. 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.
EnerTeck Days Inventory Related Terms
Thank you for viewing the detailed overview of EnerTeck's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
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