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ZNRG (Znergy) Days Inventory : 35.00 (As of Sep. 2019)


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What is Znergy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Znergy's Average Total Inventories for the three months ended in Sep. 2019 was $0.35 Mil. Znergy's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.92 Mil. Hence, Znergy's Days Inventory for the three months ended in Sep. 2019 was 35.00.

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

ZNRG's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.21
* Ranked among companies with meaningful Days Inventory only.

Znergy's Days Inventory declined from Sep. 2018 (235.52) to Sep. 2019 (35.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Znergy's Inventory Turnover for the three months ended in Sep. 2019 was 2.61.

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. Znergy's Inventory-to-Revenue for the three months ended in Sep. 2019 was 0.35.


Znergy Days Inventory Historical Data

The historical data trend for Znergy'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.

Znergy Days Inventory Chart

Znergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial - - 461.05 118.50 93.32

Znergy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 235.52 65.29 169.02 81.94 35.00

Competitive Comparison of Znergy's Days Inventory

For the Electrical Equipment & Parts subindustry, Znergy'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.


Znergy's Days Inventory Distribution in the Industrial Products Industry

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

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



Znergy Days Inventory Calculation

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

Znergy's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.445 + 0.299) / 2 ) / 1.455*365
=0.372 / 1.455*365
=93.32

Znergy's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

Days Inventory (Q: Sep. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.351 + 0.351) / 2 ) / 0.915*365 / 4
=0.351 / 0.915*365 / 4
=35.00

* 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.


Znergy  (OTCPK:ZNRG) 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.

Znergy's Inventory Turnover for the three months ended in Sep. 2019 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.

Znergy's Inventory to Revenue for the three months ended in Sep. 2019 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.


Znergy Days Inventory Related Terms

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


Znergy Business Description

Traded in Other Exchanges
N/A
Address
808 A South Huntington Street, Suite G, Syracuse, IN, USA, 46567
Znergy Inc is a provider of energy-efficient lighting products, lighting controls and energy management solutions. The company offers a full turn-key lighting solution which includes economic assessments, and energy efficient analysis.
Executives
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760

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