ELST (Electronic Systems Technology) Days Inventory: 482.68 (As of Sep. 2024)

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ELST Electronic Systems Technology Inc ELST
12 GF Score
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What is Electronic Systems Technology Days Inventory?

Electronic Systems Technology ELST 12 Days Inventory is 482.68 as of Sep. 2024. GuruFocus rates ELST with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Electronic Systems Technology's Average Total Inventories for the three months ended in Sep. 2024 was $0.77 Mil. Electronic Systems Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.15 Mil. Hence, Electronic Systems Technology's Days Inventory for the three months ended in Sep. 2024 was 482.68.

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

ELST's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 94.09
* Ranked among companies with meaningful Days Inventory only.

Electronic Systems Technology's Days Inventory increased from Sep. 2023 (420.82) to Sep. 2024 (482.68). It might indicate that Electronic Systems Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electronic Systems Technology's Inventory Turnover for the three months ended in Sep. 2024 was 0.19.

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. Electronic Systems Technology's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.61.


Electronic Systems Technology  (OTCPK:ELST) 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.

Electronic Systems Technology's Inventory Turnover for the three months ended in Sep. 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.

Electronic Systems Technology's Inventory to Revenue for the three months ended in Sep. 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.


Electronic Systems Technology Days Inventory Related Terms


Electronic Systems Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Electronic Systems Technology'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.

Electronic Systems Technology Days Inventory Chart

Electronic Systems Technology 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 422.08 436.74 278.17 254.17 352.57

Electronic Systems Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 420.82 428.82 383.14 403.02 482.68

ELST vs AKTSQ, MLRT, CSCO: Days Inventory Comparison

For the Communication Equipment subindustry, Electronic Systems Technology'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.


Electronic Systems Technology Days Inventory vs Hardware Industry

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

* The bar in red indicates where Electronic Systems Technology's Days Inventory falls into.


ELST
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Electronic Systems Technology Inc ELST
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Electronic Systems Technology Days Inventory Calculation

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

Electronic Systems Technology'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
=( (0.725 + 0.722) / 2 ) / 0.749*365
=0.7235 / 0.749*365
=352.57

Electronic Systems Technology's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.748 + 0.786) / 2 ) / 0.145*365 / 4
=0.767 / 0.145*365 / 4
=482.68

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 482.68 mean?
Electronic Systems Technology (ELST) has a Days Inventory of 482.68 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Electronic Systems Technology and its competitors.
Is Electronic Systems Technology's Days Inventory too high?
Electronic Systems Technology's current Days Inventory is 482.68. The Hardware industry median Days Inventory is 94.09. Electronic Systems Technology's value of 482.68 is 413% above this industry median. Overall, Electronic Systems Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Electronic Systems Technology's Days Inventory compare to AKTSQ and MLRT?
Electronic Systems Technology's Days Inventory of 482.68 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.09. Electronic Systems Technology's value of 482.68 is 413% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Hardware company?
The median Days Inventory among Hardware companies is 94.09, based on 2,418 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electronic Systems Technology's current Days Inventory of 482.68 is 413% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Electronic Systems Technology and its competitors. For the Hardware industry, the median Days Inventory is 94.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronic Systems Technology's current Days Inventory is 482.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Systems Technology stock overvalued right now?
Electronic Systems Technology (ELST) has a current Days Inventory of 482.68. The current Days Inventory is 482.68 and 413% above the Hardware industry median of 94.09. Electronic Systems Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Electronic Systems Technology (ELST), the current Days Inventory is 482.68 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electronic Systems Technology Business Description

Address 415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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