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Essendant (Essendant) Days Inventory : 61.29 (As of Sep. 2018)


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What is Essendant Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Essendant's Average Total Inventories for the three months ended in Sep. 2018 was $748 Mil. Essendant's Cost of Goods Sold for the three months ended in Sep. 2018 was $1,113 Mil. Hence, Essendant's Days Inventory for the three months ended in Sep. 2018 was 61.29.

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

ESND's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.85
* Ranked among companies with meaningful Days Inventory only.

Essendant's Days Inventory declined from Sep. 2017 (62.35) to Sep. 2018 (61.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Essendant's Inventory Turnover for the three months ended in Sep. 2018 was 1.49.

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. Essendant's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.58.


Essendant Days Inventory Historical Data

The historical data trend for Essendant'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.

Essendant Days Inventory Chart

Essendant Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.83 70.05 73.72 71.23 71.57

Essendant Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 62.35 69.95 62.22 61.08 61.29

Competitive Comparison of Essendant's Days Inventory

For the Business Equipment & Supplies subindustry, Essendant'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.


Essendant's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Essendant's Days Inventory distribution charts can be found below:

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



Essendant Days Inventory Calculation

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

Essendant's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (876.837 + 821.683) / 2 ) / 4331.273*365
=849.26 / 4331.273*365
=71.57

Essendant's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

Days Inventory (Q: Sep. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (742.886 + 752.599) / 2 ) / 1113.251*365 / 4
=747.7425 / 1113.251*365 / 4
=61.29

* 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.


Essendant  (NAS:ESND) 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.

Essendant's Inventory Turnover for the three months ended in Sep. 2018 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.

Essendant's Inventory to Revenue for the three months ended in Sep. 2018 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.


Essendant Days Inventory Related Terms

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


Essendant (Essendant) Business Description

Traded in Other Exchanges
N/A
Address
Essendant Inc is a wholesale distributor of workplace items. The company's products are divided into categories including: janitorial and break-room supplies, such as foodservice, safety and security, and paper and packaging items; technology products, such as computer supplies; traditional office supplies, including writing instruments, paper products, organisers, and calendars; industrial supplies, such as hand and power tools, welding products, automotive tools, and equipment; and office furniture, including desks, storage solutions, and other furniture. Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. The company operates through four segments: business and facility essentials, ORS industrial, CPO, and automotive.
Executives
Harry Dochelli officer: President, Office & Facilities C/O LAWSON PRODUCTS, 1666 EAST TOUHY, DES PLAINES IL 60018
Riley Susan director 915 SECAUCUS ROAD, SECAUCUS NJ 07094
Dennis J Martin director 505 WEST FRANKLIN AVENUE, NAPERVILLE IL 60540
Taylor Stuart A Ii director
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Charles K Crovitz director
Janet Zelenka officer: SVP and CFO 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Stefan L Kaluzny 10 percent owner C/O SYCAMORE PARTNERS, 9 WEST 57TH STREET, 31ST FLOOR, NEW YORK NY 10019
Roy W Haley director COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219
Jean S Blackwell director
Aiken Robert Blaine Jr director, officer: President and CEO 6312 S FIDDLERS GREEN CIRCLE, 200N, GREENWOOD VILLAGE CO 80111
Eric A Blanchard officer: Sr VP, Gen Counsel & Secretary C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Earl C Shanks officer: SVP and CFO CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Timothy P Connolly officer: Chief Operating Officer C/O UNITED STATIONERS INC., ONE PARKWAY NORTH BOULEVARD, SUITE 100, DEERFIELD IL 60015-2559
Joseph G. Hartsig officer: Chief Merchandising Officer C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083