Dynamic Technologies Group (Dynamic Technologies Group) Days Inventory : 33.35 (As of Sep. 2022)

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What is Dynamic Technologies Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dynamic Technologies Group's Average Total Inventories for the three months ended in Sep. 2022 was $1.35 Mil. Dynamic Technologies Group's Cost of Goods Sold for the three months ended in Sep. 2022 was $3.69 Mil. Hence, Dynamic Technologies Group's Days Inventory for the three months ended in Sep. 2022 was 33.35.

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

ERILQ's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 120.1
* Ranked among companies with meaningful Days Inventory only.

Dynamic Technologies Group's Days Inventory increased from Sep. 2021 (32.92) to Sep. 2022 (33.35). It might indicate that Dynamic Technologies Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dynamic Technologies Group's Inventory Turnover for the three months ended in Sep. 2022 was 2.74.

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. Dynamic Technologies Group's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.30.

Dynamic Technologies Group Days Inventory Historical Data

The historical data trend for Dynamic Technologies Group'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.

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Dynamic Technologies Group Days Inventory Chart

Dynamic Technologies Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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6.53

12.32

16.94

22.31

33.53

Dynamic Technologies Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Inventory	Get a 7-Day Free Trial															32.92	22.10	24.50	31.86	33.35

Competitive Comparison of Dynamic Technologies Group's Days Inventory

For the Metal Fabrication subindustry, Dynamic Technologies Group'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.

Dynamic Technologies Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Technologies Group's Days Inventory distribution charts can be found below:

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

Dynamic Technologies Group Days Inventory Calculation

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

Dynamic Technologies Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (2.843	+	1.63)	/	2 )	/	24.343	*	365
=	2.2365					/	24.343	*	365
=	33.53

Dynamic Technologies Group's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (1.382	+	1.312)	/	2 )	/	3.686	*	365 / 4
=	1.347					/	3.686	*	365 / 4
=	33.35

Dynamic Technologies Group (OTCPK:ERILQ) 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.

Dynamic Technologies Group's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.686	/	1.347
	=	2.74

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.

Dynamic Technologies Group's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.347	/	4.454
	=	0.30

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.

Dynamic Technologies Group Days Inventory Related Terms

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

Dynamic Technologies Group (Dynamic Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dynamic Technologies Group Inc (OTCPK:ERILQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

717 Jarvis Avenue, Winnipeg, MB, CAN, R2W 3B4

Website

https://www.dynamictechgroup.com

Dynamic Technologies Group Inc focuses on designing, supplying, and installing iconic, media-based attractions and ride systems for the global theme park industry. It operates in the segments of Ride-Systems Manufacturing, Parts and Service and others. These include designing and manufacturing complex ride systems, and Provider of parts and maintenance services to existing ride systems. It also uses these same engineering integration skills for special projects in diversified industries such as large optical telescopes and enclosures.