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Enablence Technologies (TSXV:ENA) Days Inventory : 59.87 (As of Mar. 2025)


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What is Enablence Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Enablence Technologies's Average Total Inventories for the three months ended in Mar. 2025 was C$1.91 Mil. Enablence Technologies's Cost of Goods Sold for the three months ended in Mar. 2025 was C$2.92 Mil. Hence, Enablence Technologies's Days Inventory for the three months ended in Mar. 2025 was 59.87.

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

TSXV:ENA' s Days Inventory Range Over the Past 10 Years
Min: 33.01   Med: 62.69   Max: 121.52
Current: 50.53

During the past 13 years, Enablence Technologies's highest Days Inventory was 121.52. The lowest was 33.01. And the median was 62.69.

TSXV:ENA's Days Inventory is ranked better than
80.95% of 2383 companies
in the Hardware industry
Industry Median: 97.51 vs TSXV:ENA: 50.53

Enablence Technologies's Days Inventory increased from Mar. 2024 (57.13) to Mar. 2025 (59.87). It might indicate that Enablence Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Enablence Technologies's Inventory Turnover for the three months ended in Mar. 2025 was 1.52.

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. Enablence Technologies's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.07.


Enablence Technologies Days Inventory Historical Data

The historical data trend for Enablence 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.

Enablence Technologies Days Inventory Chart

Enablence Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.50 40.27 41.04 33.01 45.88

Enablence Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 57.13 51.47 35.89 46.99 59.87

Competitive Comparison of Enablence Technologies's Days Inventory

For the Communication Equipment subindustry, Enablence 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.


Enablence Technologies's Days Inventory Distribution in the Hardware Industry

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

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


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Enablence Technologies Days Inventory Calculation

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

Enablence Technologies's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.466 + 0.888) / 2 ) / 5.386*365
=0.677 / 5.386*365
=45.88

Enablence Technologies's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1.715 + 2.11) / 2 ) / 2.915*365 / 4
=1.9125 / 2.915*365 / 4
=59.87

* 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.


Enablence Technologies  (TSXV:ENA) 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.

Enablence Technologies's Inventory Turnover for the three months ended in Mar. 2025 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.

Enablence Technologies's Inventory to Revenue for the three months ended in Mar. 2025 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.


Enablence Technologies Days Inventory Related Terms

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


Enablence Technologies Business Description

Traded in Other Exchanges
N/A
Address
390 March Road, Suite 119, Ottawa, ON, CAN, K2K 0G7
Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a world-wide customer base, focused on data centres end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets.
Executives
Derek James Burney Director
Todd Haugen Senior Officer

Enablence Technologies Headlines

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