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eMagin (STU:EMGA) Days Inventory

: 149.80 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). eMagin's Average Total Inventories for the three months ended in Jun. 2023 was €8.28 Mil. eMagin's Cost of Goods Sold for the three months ended in Jun. 2023 was €5.04 Mil. Hence, eMagin's Days Inventory for the three months ended in Jun. 2023 was 149.80.

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

STU:EMGA' s Days Inventory Range Over the Past 10 Years
Min: 63.42   Med: 137.71   Max: 183.3
Current: 152.63

During the past 13 years, eMagin's highest Days Inventory was 183.30. The lowest was 63.42. And the median was 137.71.

STU:EMGA's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 104.02 vs STU:EMGA: 152.63

eMagin's Days Inventory increased from Jun. 2022 (126.51) to Jun. 2023 (149.80). It might indicate that eMagin's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. eMagin's Inventory Turnover for the three months ended in Jun. 2023 was 0.61.

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. eMagin's Inventory-to-Revenue for the three months ended in Jun. 2023 was 1.81.


eMagin Days Inventory Historical Data

The historical data trend for eMagin'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.

eMagin 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 138.58 157.10 142.85 131.13 143.27

eMagin Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 126.51 148.49 161.41 156.86 149.80

Competitive Comparison

For the Electronic Components subindustry, eMagin'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.


eMagin Days Inventory Distribution

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

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



eMagin Days Inventory Calculation

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

eMagin'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
=( (6.754 + 8.221) / 2 ) / 19.075*365
=7.4875 / 19.075*365
=143.27

eMagin's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (8.223 + 8.328) / 2 ) / 5.041*365 / 4
=8.2755 / 5.041*365 / 4
=149.80

* 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.


eMagin  (STU:EMGA) 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.

eMagin's Inventory Turnover for the three months ended in Jun. 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.

eMagin's Inventory to Revenue for the three months ended in Jun. 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.


eMagin Days Inventory Related Terms

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


eMagin (STU:EMGA) Business Description

Traded in Other Exchanges
N/A
Address
700 South Drive, Suite 201, Hopewell Junction, NY, USA, 12533
eMagin Corp designs, develop, manufactures, and markets organic light-emitting diode, or OLED miniature displays, OLED-on-silicon microdisplays, virtual imaging products that utilize OLED micro displays, and related products. The company's OLED displays are used in a variety of products, including military aviation helmets, military weapons sights and targeting systems, night vision & thermal imaging devices, training and simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications.

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