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Everspin Technologies (STU:E5N) Days Inventory : 123.90 (As of Sep. 2024)


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What is Everspin Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Everspin Technologies's Average Total Inventories for the three months ended in Sep. 2024 was €7.51 Mil. Everspin Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was €5.53 Mil. Hence, Everspin Technologies's Days Inventory for the three months ended in Sep. 2024 was 123.90.

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

STU:E5N' s Days Inventory Range Over the Past 10 Years
Min: 91.66   Med: 115.4   Max: 188.25
Current: 122.02

During the past 10 years, Everspin Technologies's highest Days Inventory was 188.25. The lowest was 91.66. And the median was 115.40.

STU:E5N's Days Inventory is ranked better than
50.37% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs STU:E5N: 122.02

Everspin Technologies's Days Inventory increased from Sep. 2023 (110.60) to Sep. 2024 (123.90). It might indicate that Everspin Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Everspin Technologies's Inventory Turnover for the three months ended in Sep. 2024 was 0.74.

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. Everspin Technologies's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.69.


Everspin Technologies Days Inventory Historical Data

The historical data trend for Everspin Technologies'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.

Everspin Technologies Days Inventory Chart

Everspin Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.42 109.24 96.81 88.86 105.09

Everspin Technologies 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 110.60 112.18 119.45 134.37 123.90

Competitive Comparison of Everspin Technologies's Days Inventory

For the Semiconductors subindustry, Everspin Technologies'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.


Everspin Technologies's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Everspin Technologies's Days Inventory distribution charts can be found below:

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



Everspin Technologies Days Inventory Calculation

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

Everspin Technologies's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (6.309 + 7.695) / 2 ) / 24.319*365
=7.002 / 24.319*365
=105.09

Everspin Technologies'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
=( (7.42 + 7.605) / 2 ) / 5.533*365 / 4
=7.5125 / 5.533*365 / 4
=123.90

* 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.


Everspin Technologies  (STU:E5N) 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.

Everspin Technologies'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.

Everspin Technologies'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.


Everspin Technologies Days Inventory Related Terms

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


Everspin Technologies Business Description

Traded in Other Exchanges
Address
5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).

Everspin Technologies Headlines

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