Days Inventory is also known as Days Sales of Inventory (DSI). Energy Recovery's Average Total Inventories for the
three
months ended in Dec. 2023 was $30.0 Mil. Energy Recovery's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $17.7 Mil.
Hence, Energy Recovery's Days Inventory for the
three
months ended in Dec. 2023 was 154.84.
The historical rank and industry rank for Energy Recovery's Days Inventory or its related term are showing as below:
ERII'
s Days Inventory Range Over the Past 10 Years
Min: 96.36 Med: 149.6 Max: 279.19
Current: 279.19
During the past 13 years, Energy Recovery's highest Days Inventory was 279.19. The lowest was 96.36. And the median was 149.60.
ERII's Days Inventory is ranked worse than 87.93% of 2907
companies
in the Industrial Products industry
Industry Median: 119.76
vs ERII: 279.19
Energy Recovery's Days Inventory
declined
from Dec. 2022 (222.60) to Dec. 2023 (154.84).
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.
Energy Recovery's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.59.
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.
Energy Recovery's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.52.
Energy Recovery Days Inventory Historical Data
The historical data trend for Energy Recovery'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 Energy Recovery's Days Inventory
For the Pollution & Treatment Controls subindustry, Energy Recovery'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.
Energy Recovery's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Energy Recovery's Days Inventory distribution charts can be found below:
* The bar in red indicates where Energy Recovery's Days Inventory falls into.
Energy Recovery Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Energy Recovery's Days Inventory for the fiscal year that 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.
Energy Recovery (NAS:ERII) 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.
Energy Recovery'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.
Energy Recovery'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.
Energy Recovery Days Inventory Related Terms
Thank you for viewing the detailed overview of Energy Recovery's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy Recovery (Energy Recovery) Business Description
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
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