ETCK (EnerTeck) Days Inventory: 5,581.46 (As of Sep. 2023)


ETCK EnerTeck Corp ETCK
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What is EnerTeck Days Inventory?

EnerTeck ETCK 12 Days Inventory is 5,581.46 as of Sep. 2023. GuruFocus rates ETCK with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). EnerTeck's Average Total Inventories for the three months ended in Sep. 2023 was $0.18 Mil. EnerTeck's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Hence, EnerTeck's Days Inventory for the three months ended in Sep. 2023 was 5,581.46.

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

ETCK's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.63
* Ranked among companies with meaningful Days Inventory only.

EnerTeck's Days Inventory increased from Sep. 2022 (4,231.72) to Sep. 2023 (5,581.46). It might indicate that EnerTeck's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. EnerTeck's Inventory Turnover for the three months ended in Sep. 2023 was 0.02.

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. EnerTeck's Inventory-to-Revenue for the three months ended in Sep. 2023 was 6.80.


EnerTeck  (OTCPK:ETCK) 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.

EnerTeck's Inventory Turnover for the three months ended in Sep. 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.

EnerTeck's Inventory to Revenue for the three months ended in Sep. 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.


EnerTeck Days Inventory Related Terms


EnerTeck Days Inventory Historical Data

* Premium members only.

The historical data trend for EnerTeck'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.

EnerTeck Days Inventory Chart

EnerTeck Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 741.90 1,733.75 1,782.88 2,828.75 755.66

EnerTeck Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 4,231.72 431.68 0.00 16,835.63 5,581.46

ETCK vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, EnerTeck'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.


EnerTeck Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, EnerTeck's Days Inventory distribution charts can be found below:

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


ETCK
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EnerTeck Corp ETCK
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EnerTeck Days Inventory Calculation

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

EnerTeck'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
=( (0.08 + 0.185) / 2 ) / 0.064*365
=0.1325 / 0.064*365
=755.66

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

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.184 + 0.183) / 2 ) / 0.003*365 / 4
=0.1835 / 0.003*365 / 4
=5,581.46

* 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 5,581.46 mean?
EnerTeck (ETCK) has a Days Inventory of 5,581.46 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on EnerTeck and its competitors.
Is EnerTeck's Days Inventory too high?
EnerTeck's current Days Inventory is 5,581.46. The Chemicals industry median Days Inventory is 80.63. EnerTeck's value of 5,581.46 is 6822.3% above this industry median. Overall, EnerTeck has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EnerTeck's Days Inventory compare to LIN and SHW?
EnerTeck's Days Inventory of 5,581.46 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.63. EnerTeck's value of 5,581.46 is 6822.3% 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.63, based on 1,539 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. EnerTeck's current Days Inventory of 5,581.46 is 6822.3% 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 EnerTeck and its competitors. For the Chemicals industry, the median Days Inventory is 80.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnerTeck's current Days Inventory is 5,581.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnerTeck stock overvalued right now?
EnerTeck (ETCK) has a current Days Inventory of 5,581.46. The current Days Inventory is 5,581.46 and 6822.3% above the Chemicals industry median of 80.63. EnerTeck'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 EnerTeck (ETCK), the current Days Inventory is 5,581.46 as of Sep. 2023. 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.

EnerTeck Business Description

Address 10701 Corporate Drive, Suite 150, Stafford, TX, USA, 77477
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
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