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Evertz Technologies (Evertz Technologies) Days Inventory

: 334.36 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Evertz Technologies's Average Total Inventories for the three months ended in Jan. 2024 was $151.6 Mil. Evertz Technologies's Cost of Goods Sold for the three months ended in Jan. 2024 was $41.4 Mil. Hence, Evertz Technologies's Days Inventory for the three months ended in Jan. 2024 was 334.36.

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

EVTZF' s Days Inventory Range Over the Past 10 Years
Min: 322.44   Med: 339.79   Max: 400.31
Current: 349.37

During the past 13 years, Evertz Technologies's highest Days Inventory was 400.31. The lowest was 322.44. And the median was 339.79.

EVTZF's Days Inventory is ranked worse than
93.77% of 2406 companies
in the Hardware industry
Industry Median: 103.87 vs EVTZF: 349.37

Evertz Technologies's Days Inventory declined from Jan. 2023 (406.14) to Jan. 2024 (334.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Evertz Technologies's Inventory Turnover for the three months ended in Jan. 2024 was 0.27.

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. Evertz Technologies's Inventory-to-Revenue for the three months ended in Jan. 2024 was 1.50.


Evertz Technologies Days Inventory Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 333.79 331.45 377.51 325.89 383.73

Evertz Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 406.14 358.15 342.20 360.90 334.36

Competitive Comparison

For the Communication Equipment subindustry, Evertz Technologies'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.


Evertz Technologies Days Inventory Distribution

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

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



Evertz Technologies Days Inventory Calculation

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

Evertz Technologies's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (140.377 + 150.162) / 2 ) / 138.179*365
=145.2695 / 138.179*365
=383.73

Evertz Technologies's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (149.007 + 154.247) / 2 ) / 41.381*365 / 4
=151.627 / 41.381*365 / 4
=334.36

* 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.


Evertz Technologies  (OTCPK:EVTZF) 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.

Evertz Technologies's Inventory Turnover for the three months ended in Jan. 2024 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.

Evertz Technologies's Inventory to Revenue for the three months ended in Jan. 2024 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.


Evertz Technologies Days Inventory Related Terms

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


Evertz Technologies (Evertz Technologies) Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

Evertz Technologies (Evertz Technologies) Headlines

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