The historical rank and industry rank for Environmental Tectonics's Days Inventory or its related term are showing as below:
ETCC'
s Days Inventory Range Over the Past 10 Years
Min: 29.1 Med: 83.41 Max: 183.99
Current: 29.1
During the past 13 years, Environmental Tectonics's highest Days Inventory was 183.99. The lowest was 29.10. And the median was 83.41.
ETCC's Days Inventory is ranked better than 89.58% of 288
companies
in the Aerospace & Defense industry
Industry Median: 139.24
vs ETCC: 29.10
Environmental Tectonics's Days Inventory
declined
from Aug. 2022 (60.17) to Aug. 2023 (27.94).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Environmental Tectonics's Inventory Turnover for the
six
months ended in Aug. 2023 was 6.53.
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.
Environmental Tectonics's Inventory-to-Revenue for the
six
months ended in Aug. 2023 was 0.12.
Environmental Tectonics Days Inventory Historical Data
* 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.
Competitive Comparison of Environmental Tectonics's Days Inventory
For the Aerospace & Defense subindustry, Environmental Tectonics'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.
Environmental Tectonics's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Environmental Tectonics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Environmental Tectonics's Days Inventory falls into.
Environmental Tectonics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Environmental Tectonics's Days Inventory for the fiscal year that ended in Feb. 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.
Environmental Tectonics (OTCPK:ETCC) 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.
Environmental Tectonics's Inventory Turnover for the
six
months ended in Aug. 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.
Environmental Tectonics's Inventory to Revenue for the
six
months ended in Aug. 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.
Environmental Tectonics Days Inventory Related Terms
Thank you for viewing the detailed overview of Environmental Tectonics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Environmental Tectonics (Environmental Tectonics) Business Description
Environmental Tectonics Corp is an environmental simulation company that provides training equipment, emergency response training simulators, and commercial equipment for the automotive, healthcare, and medical device industries. It operates in two primary business segments, Aerospace Solutions, and Commercial/Industrial Systems (CIS). Aerospace encompasses the design, manufacture, and sale of aircrew training systems products; altitude (hypobaric) chambers; hyperbaric chambers as well as integrated logistics support. CIS encompasses the design, manufacture, and sale of steam and gas sterilizers, environmental testing and simulation devices, and hyperbaric chambers. Aerospace Solutions segment is the major revenue contributor to the company.
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