GWH (ESS Tech) Days Inventory : 36.07 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is ESS Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ESS Tech's Average Total Inventories for the three months ended in Dec. 2024 was $6.34 Mil. ESS Tech's Cost of Goods Sold for the three months ended in Dec. 2024 was $16.04 Mil. Hence, ESS Tech's Days Inventory for the three months ended in Dec. 2024 was 36.07.

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

GWH' s Days Inventory Range Over the Past 10 Years
Min: 31.82 Med: 45.89 Max: 59.95
Current: 33.4

During the past 5 years, ESS Tech's highest Days Inventory was 59.95. The lowest was 31.82. And the median was 45.89.

GWH's Days Inventory is ranked better than
94.01% of 2922 companies
in the Industrial Products industry
Industry Median: 121.425 vs GWH: 33.40

ESS Tech's Days Inventory increased from Dec. 2023 (24.87) to Dec. 2024 (36.07). It might indicate that ESS Tech's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. ESS Tech's Inventory Turnover for the three months ended in Dec. 2024 was 2.53.

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. ESS Tech's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.22.

ESS Tech Days Inventory Historical Data

The historical data trend for ESS Tech'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.

ESS Tech Days Inventory Chart

ESS Tech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

59.95

31.82

ESS Tech Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial												24.87	26.77	29.46	41.04	36.07

Competitive Comparison of ESS Tech's Days Inventory

For the Electrical Equipment & Parts subindustry, ESS Tech'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.

ESS Tech's Days Inventory Distribution in the Industrial Products Industry

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

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

Save Embed

;

Save Embed

;

ESS Tech Days Inventory Calculation

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

ESS Tech's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (3.366	+	5.641)	/	2 )	/	51.653	*	365
=	4.5035					/	51.653	*	365
=	31.82

ESS Tech's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (7.037	+	5.641)	/	2 )	/	16.038	*	365 / 4
=	6.339					/	16.038	*	365 / 4
=	36.07

ESS Tech (NYSE:GWH) 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.

ESS Tech's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.038	/	6.339
	=	2.53

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.

ESS Tech's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.339	/	2.85
	=	2.22

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.

ESS Tech Days Inventory Related Terms

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

ESS Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESS Tech Inc (NYSE:GWH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GWH.WS:USA

Address

26440 SW Parkway Avenue, Building 83, Wilsonville, OR, USA, 97070

Website

https://www.essinc.com

ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.

Executives

Eric P. Dresselhuys	director, officer: Chief Executive Officer	555 BROADWAY STREET, REDWOOD CITY CA 94063
Sandeep Nijhawan	director	ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Kyle Teamey	director	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Harry Quarls	director	14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079
Rich Hossfeld	director	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Honeywell International Inc	10 percent owner	855 S. MINT STREET, CHARLOTTE NC 28202
Michael R Niggli	director	101 ASH STREET HQ18, SAN DIEGO CA 92101
Craig E Evans	director, officer: President	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Anthony Rabb	officer: Chief Financial Officer	C/O ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Amir Moftakhar	officer: Chief Financial Officer	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Claudia Gast	director	C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010
Jeff Bodner	officer: Chief Accounting Officer	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Breakthrough Energy Investments Llc	10 percent owner	250 SUMMER STREET, 4TH FLOOR, BOSTON MA 02210
Julia Song	officer: Chief Technology Officer	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Shirley Speakman	director	C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070