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SCI Engineered Materials (SCI Engineered Materials) Days Inventory : 62.30 (As of Dec. 2023)


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What is SCI Engineered Materials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SCI Engineered Materials's Average Total Inventories for the three months ended in Dec. 2023 was $3.92 Mil. SCI Engineered Materials's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.74 Mil. Hence, SCI Engineered Materials's Days Inventory for the three months ended in Dec. 2023 was 62.30.

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

SCIA' s Days Inventory Range Over the Past 10 Years
Min: 31.76   Med: 61.23   Max: 93.48
Current: 46.04

During the past 13 years, SCI Engineered Materials's highest Days Inventory was 93.48. The lowest was 31.76. And the median was 61.23.

SCIA's Days Inventory is ranked better than
85.44% of 941 companies
in the Semiconductors industry
Industry Median: 130.7 vs SCIA: 46.04

SCI Engineered Materials's Days Inventory increased from Dec. 2022 (36.21) to Dec. 2023 (62.30). It might indicate that SCI Engineered Materials's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SCI Engineered Materials's Inventory Turnover for the three months ended in Dec. 2023 was 1.46.

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. SCI Engineered Materials's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.


SCI Engineered Materials Days Inventory Historical Data

The historical data trend for SCI Engineered Materials'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.

SCI Engineered Materials Days Inventory Chart

SCI Engineered Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.48 82.44 41.45 31.76 54.85

SCI Engineered Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.21 48.94 31.74 35.30 62.30

Competitive Comparison of SCI Engineered Materials's Days Inventory

For the Semiconductor Equipment & Materials subindustry, SCI Engineered Materials'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.


SCI Engineered Materials's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SCI Engineered Materials's Days Inventory distribution charts can be found below:

* The bar in red indicates where SCI Engineered Materials's Days Inventory falls into.



SCI Engineered Materials Days Inventory Calculation

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

SCI Engineered Materials'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
=( (2.178 + 4.654) / 2 ) / 22.732*365
=3.416 / 22.732*365
=54.85

SCI Engineered Materials'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
=( (3.187 + 4.654) / 2 ) / 5.742*365 / 4
=3.9205 / 5.742*365 / 4
=62.30

* 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.


SCI Engineered Materials  (OTCPK:SCIA) 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.

SCI Engineered Materials'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.

SCI Engineered Materials'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.


SCI Engineered Materials Days Inventory Related Terms

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


SCI Engineered Materials (SCI Engineered Materials) Business Description

Traded in Other Exchanges
N/A
Address
2839 Charter Street, Columbus, OH, USA, 43228
SCI Engineered Materials Inc is a supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin-film applications. The company is focused on markets within the PVD industry including Aerospace, Automotive, Defense, Glass, Optical Coatings, and Solar. The Company develops innovative customized solutions enabling commercial success through collaboration with end users and Original Equipment Manufacturers. Its products consist of Sputtering targets, Evaporation materials, Ceramic powders, and Substrates. Additionally, it offers various services such as advanced ceramic powders, vacuum hot pressing, machining, bonding, and many more.
Executives
Laura F Shunk 10 percent owner 8300 MULBERRY ROAD, P.O. BOX 490, CHESTERLAND OH 44026
Edward W Ungar director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Jeremiah Ray Young officer: PRESIDENT 893 THAYER DRIVE, GAHANNA OH 43230
Emily Lu director 3720 CANTERBURY CT, BOCA RATON FL 33434
John P Gilliam director 862 MOON GLOW CT, GAHANNA OH 43230
Wickersham Charles Edward Jr director 517 ARDEN RD, COLUMBUS OH 43214
Daniel Rooney director, officer: President and CEO 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Investments Sa Windcom 10 percent owner
Daniel A Funk 10 percent owner PORTER, WRIGHT, MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Michael K Barna officer: VP Sales - Photonics 1145 CHESAPEAKE AVE., COLUMBUS OH 43212
Robert H Peitz director 217 LLOYD ROAD, ABERDEEN NJ 07747
Walter J Doyle director 1970 JEWETT ROAD, POWELL OH 43065
Baker Robert J Jr director 1145 CHESAPEAKE AVE, COLUMBUS OH 43212
Curtis A Loveland 10 percent owner, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Scott S Campbell officer: Technical Director 1145 CHESAPEAKE AVENUE, COLUMBUS OH 43212