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Electro-Sensors (Electro-Sensors) Days Inventory

: 141.82 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Electro-Sensors's Average Total Inventories for the three months ended in Dec. 2023 was $1.79 Mil. Electro-Sensors's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.15 Mil. Hence, Electro-Sensors's Days Inventory for the three months ended in Dec. 2023 was 141.82.

The historical rank and industry rank for Electro-Sensors's Days Inventory or its related term are showing as below:

ELSE' s Days Inventory Range Over the Past 10 Years
Min: 141.06   Med: 152.79   Max: 170.8
Current: 152.88

During the past 13 years, Electro-Sensors's highest Days Inventory was 170.80. The lowest was 141.06. And the median was 152.79.

ELSE's Days Inventory is ranked worse than
68.91% of 2403 companies
in the Hardware industry
Industry Median: 104.02 vs ELSE: 152.88

Electro-Sensors's Days Inventory declined from Dec. 2022 (159.69) to Dec. 2023 (141.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Electro-Sensors's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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. Electro-Sensors's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.


Electro-Sensors Days Inventory Historical Data

The historical data trend for Electro-Sensors'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.

Electro-Sensors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.35 161.54 150.23 148.51 148.03

Electro-Sensors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 159.69 157.17 157.66 160.85 141.82

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Electro-Sensors'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.


Electro-Sensors Days Inventory Distribution

For the Hardware industry and Technology sector, Electro-Sensors's Days Inventory distribution charts can be found below:

* The bar in red indicates where Electro-Sensors's Days Inventory falls into.



Electro-Sensors Days Inventory Calculation

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

Electro-Sensors's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.745 + 1.751) / 2 ) / 4.31*365
=1.748 / 4.31*365
=148.03

Electro-Sensors'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
=( (1.836 + 1.751) / 2 ) / 1.154*365 / 4
=1.7935 / 1.154*365 / 4
=141.82

* 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.


Electro-Sensors  (NAS:ELSE) 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.

Electro-Sensors'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.

Electro-Sensors'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.


Electro-Sensors Days Inventory Related Terms

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


Electro-Sensors (Electro-Sensors) Business Description

Traded in Other Exchanges
N/A
Address
6111 Blue Circle Drive, Minnetonka, MN, USA, 55343-9108
Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.
Executives
Patricia Nancy Peterson 10 percent owner 6005 ERIN TERRACE, EDINA MN 55439
Paul Rodney Peterson 10 percent owner 227 CEDAR DRIVE WEST, HUDSON WI 54016
John Eberhart Peterson 10 percent owner 815 BUTTONBUSH LANE, NAPLES FL 34108
Michael C. Zipoy director 6111 BLUE CIRCLE DR, MINNETONKA MN 55343
Lynne Elizabeth Peterson 10 percent owner 10254 NOTTINGHAM TRAIL, EDEN PRAIRIE MN 55347
Estate Of Nancy P. Peterson 10 percent owner C/O 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Michael Hochman officer: VP of Casino Card Operations 1100 CANTERBURY ROAD, SHAKOPEE MN 55379
Nancy P. Peterson 10 percent owner 905 MAIN STREET, HOPKINS MN 55343
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Scott A. Gabbard director 6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
David L Klenk director 6111 BLUE CIRCLE DRIVE, MINNETONKA MN 55343
Robert W Heller director 10992 MOUNT CURVE ROAD, EDEN PRAIRIE MN 55347
Jeffrey Dean Peterson director 15708 WOODKNOLL LANE, MINNETONKA MN 55345
Geoffrey W Miller director 12735 42ND PLACE N, PLAYMOUTH MN 55442-2350
John S Strom director