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Andrea Electronics (Andrea Electronics) Days Inventory

: 325.99 (As of Dec. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Andrea Electronics's Average Total Inventories for the three months ended in Dec. 2022 was $0.25 Mil. Andrea Electronics's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.07 Mil. Hence, Andrea Electronics's Days Inventory for the three months ended in Dec. 2022 was 325.99.

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

ANDR's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 104.02
* Ranked among companies with meaningful Days Inventory only.

Andrea Electronics's Days Inventory increased from Dec. 2021 (210.48) to Dec. 2022 (325.99). It might indicate that Andrea Electronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Andrea Electronics's Inventory Turnover for the three months ended in Dec. 2022 was 0.28.

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. Andrea Electronics's Inventory-to-Revenue for the three months ended in Dec. 2022 was 0.98.


Andrea Electronics Days Inventory Historical Data

The historical data trend for Andrea Electronics'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.

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 146.76 143.49 190.13 157.21 171.45

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 210.48 197.82 154.11 126.01 325.99

Competitive Comparison

For the Consumer Electronics subindustry, Andrea Electronics'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.


Andrea Electronics Days Inventory Distribution

For the Hardware industry and Technology sector, Andrea Electronics's Days Inventory distribution charts can be found below:

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



Andrea Electronics Days Inventory Calculation

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

Andrea Electronics's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.259 + 0.284) / 2 ) / 0.578*365
=0.2715 / 0.578*365
=171.45

Andrea Electronics's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.209 + 0.284) / 2 ) / 0.069*365 / 4
=0.2465 / 0.069*365 / 4
=325.99

* 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.


Andrea Electronics  (OTCPK:ANDR) 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.

Andrea Electronics's Inventory Turnover for the three months ended in Dec. 2022 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.

Andrea Electronics's Inventory to Revenue for the three months 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.


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.


Andrea Electronics Days Inventory Related Terms

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


Andrea Electronics (Andrea Electronics) Business Description

Traded in Other Exchanges
N/A
Address
620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.
Executives
Joseph J Migliozzi director
Douglas J Andrea director, officer: President & CEO C/O ANDREA ELECTRONICS CORPORATION, 65 ORVILLE RAOD, BOHEMIA NY 11716
Louis Libin director C/O ANDREA ELECTRONICS CORP, 45 MELVILLE PARK ROAD, MELVILLE NY 11747
Guiffre Corisa officer: Vice President & CFO ANDREA ELECTRONICS CORPORATION, 65 ORVILLE ROAD, BOHEMIA NY 11716
Gary A Jones director 45 MELVILLE PARK ROAD, MELVILLE NY 11747
Jonathan D Spaet director
Scott Koondel director 45 MELVINE PORK RD, C/O ANDRE ELECTRONICS CORP, MELVILLE NY 11747
John R Croteau director 45 MELVINE PORK RD, C/O ANDRE ELECTRONICS CORP, MELVILLE NY 11747
Paul Donofrio director, officer: President & CEO C/O ANDREA ELECTRONICS CORPORATION, 45 MELVILLE PARK ROAD, MELVILLE NY 11747