ELST (Electronic Systems Technology) Total Inventories: $0.79 Mil (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELST Electronic Systems Technology Inc ELST
12 GF Score
Price $0.05
View Full Analysis

What is Electronic Systems Technology Total Inventories?

Electronic Systems Technology ELST 12 Total Inventories is $0.79 Mil as of Sep. 2024. GuruFocus rates ELST with a GF Score™ of 12/100.

Electronic Systems Technology's total inventories for the quarter that ended in Sep. 2024 was $0.79 Mil. Electronic Systems Technology's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.77 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Electronic Systems Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electronic Systems Technology's Days Inventory for the three months ended in Sep. 2024 was 482.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electronic Systems Technology's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.19.

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. Electronic Systems Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.61.


Electronic Systems Technology  (OTCPK:ELST) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Electronic Systems Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.558+0.75 * 0.059+0.5 * 0.786-0.047
-0-0)/4.947
=0.19

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

Electronic Systems Technology's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0.767/0.145*365 / 4
=482.68

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Electronic Systems Technology's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=0.145 / 0.767
=0.19

4. 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.

Electronic Systems Technology's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.767 / 0.294
=2.61

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Electronic Systems Technology Total Inventories Related Terms


Electronic Systems Technology Total Inventories Historical Data

* Premium members only.

The historical data trend for Electronic Systems Technology's Total Inventories 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.

Electronic Systems Technology Total Inventories Chart

Electronic Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.63 0.50 0.73 0.72

Electronic Systems Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories 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 0.81 0.72 0.63 0.75 0.79
ELST
12GF Score
Electronic Systems Technology Inc ELST
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electronic Systems Technology Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.79 Mil mean?
Electronic Systems Technology (ELST) has a Total Inventories of $0.79 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Electronic Systems Technology and its competitors.
Is Electronic Systems Technology's Total Inventories too high?
Electronic Systems Technology's current Total Inventories is $0.79 Mil. Overall, Electronic Systems Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Electronic Systems Technology's Total Inventories compare to AKTSQ and MLRT?
Electronic Systems Technology's Total Inventories of $0.79 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Electronic Systems Technology and its competitors. Electronic Systems Technology's current Total Inventories is $0.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Systems Technology stock overvalued right now?
Electronic Systems Technology (ELST) has a current Total Inventories of $0.79 Mil. The current Total Inventories is $0.79 Mil. Electronic Systems Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Electronic Systems Technology (ELST), the current Total Inventories is $0.79 Mil as of Sep. 2024. 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.

Electronic Systems Technology Business Description

Address 415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
12GF Score

Get the complete analysis for ELST

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.05
Price