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EVI (EVI Industries) Days Inventory : 69.57 (As of Sep. 2024)


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What is EVI Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EVI Industries's Average Total Inventories for the three months ended in Sep. 2024 was $49.4 Mil. EVI Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was $64.8 Mil. Hence, EVI Industries's Days Inventory for the three months ended in Sep. 2024 was 69.57.

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

EVI' s Days Inventory Range Over the Past 10 Years
Min: 25.54   Med: 47.23   Max: 79.07
Current: 77.31

During the past 13 years, EVI Industries's highest Days Inventory was 79.07. The lowest was 25.54. And the median was 47.23.

EVI's Days Inventory is ranked better than
59.21% of 152 companies
in the Industrial Distribution industry
Industry Median: 89.205 vs EVI: 77.31

EVI Industries's Days Inventory declined from Sep. 2023 (85.47) to Sep. 2024 (69.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. EVI Industries's Inventory Turnover for the three months ended in Sep. 2024 was 1.31.

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. EVI Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.53.


EVI Industries Days Inventory Historical Data

The historical data trend for EVI Industries'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.

EVI Industries Days Inventory Chart

EVI Industries 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 51.04 49.28 70.21 79.07 78.69

EVI Industries 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 85.47 79.98 85.49 73.24 69.57

Competitive Comparison of EVI Industries's Days Inventory

For the Industrial Distribution subindustry, EVI Industries'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.


EVI Industries's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, EVI Industries's Days Inventory distribution charts can be found below:

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



EVI Industries Days Inventory Calculation

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

EVI Industries'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
=( (59.167 + 47.901) / 2 ) / 248.31*365
=53.534 / 248.31*365
=78.69

EVI Industries'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
=( (47.901 + 50.86) / 2 ) / 64.77*365 / 4
=49.3805 / 64.77*365 / 4
=69.57

* 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.


EVI Industries  (AMEX:EVI) 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.

EVI Industries'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.

EVI Industries'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.


EVI Industries Days Inventory Related Terms

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


EVI Industries Business Description

Traded in Other Exchanges
N/A
Address
4500 Biscayne Boulevard, Suite 340, Miami, FL, USA, 33137
EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean, and Latin America.
Executives
Hal M Lucas director 290 NE 68 STREET, MIAMI FL 33138
Glen Kruger director 4500 BISCAYNE BOULEVARD, SUITE 340, MIAMI FL 33137
Thomas Marks officer: EVP, Business Development 2331 TRIPALDI WAY, HAYWARD CA 94545
Henry M Nahmad director, 10 percent owner, officer: Chairman, CEO and President C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert Lazar officer: Chief Financial Officer 770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
David Blyer director
Timothy P Lamacchia director 290 N.E. 68TH STREET, MIAMI FL 33138
Western State Design, Llc 10 percent owner 2331 TRIPALDI WAY, HAYWARD CA 94545
Dennis W. Mack director, 10 percent owner, officer: Executive Vice President 2331 TRIPALDI WAY, HAYWARD CA 94545
Michael S Steiner director, 10 percent owner, officer: President and CEO 290 NE 68 STREET, MIAMI FL 33138
Symmetric Capital Ii Llc 10 percent owner 290 NE 68 STREET, MIAMI FL 33138
Todd Oretsky director 330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312
Symmetric Capital Llc 10 percent owner C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert M Steiner 10 percent owner 315 CORNWALL STREET, SAN FRANCISCO CA 94118
Indelicato Venerando director, officer: Treasurer and CFO 12307 MARBLEHEAD DRIVE, TAMPA FL 33626