ESNR (Electronic Sensor Technology) Total Inventories: $0.44 Mil (As of Sep. 2009)


What is Electronic Sensor Technology Total Inventories?

Electronic Sensor Technology ESNR -99.00% Total Inventories is $0.44 Mil as of Sep. 2009.

Electronic Sensor Technology's total inventories for the quarter that ended in Sep. 2009 was $0.44 Mil. Electronic Sensor Technology's average total inventories from the quarter that ended in Jun. 2009 to the quarter that ended in Sep. 2009 was $0.47 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Electronic Sensor Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2009 was $-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electronic Sensor Technology's Days Inventory for the three months ended in Sep. 2009 was 324.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electronic Sensor Technology's Inventory Turnover for the quarter that ended in Sep. 2009 was 0.28.

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 Sensor Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2009 was 2.39.

Electronic Sensor Technology  (OTCPK:ESNR) 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 Sensor Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2009 is

Net-Net Working Capital Per Share (Q: Sep. 2009 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.28+0.75 * 0.198+0.5 * 0.442-3.472
-0-0)/161.919
=-0.02

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

Electronic Sensor Technology's Days Inventory for the three months ended in Sep. 2009 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2009 )/Cost of Goods Sold (Q: Sep. 2009 )*Days in Period
=0.466/0.131*365 / 4
=324.60

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

Electronic Sensor Technology's Inventory Turnover for the quarter that ended in Sep. 2009 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2009 ) / Average Total Inventories (Q: Sep. 2009 )
=0.131 / 0.466
=0.28

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 Sensor Technology's Inventory to Revenue for the quarter that ended in Sep. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2009 ) / Revenue (Q: Sep. 2009 )
=0.466 / 0.195
=2.39

* 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 Sensor Technology Total Inventories Related Terms

Electronic Sensor Technology Total Inventories Historical Data

* Premium members only.

The historical data trend for Electronic Sensor 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 Sensor Technology Total Inventories Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Total Inventories
0.00 0.94 1.29 0.82 0.56

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.72 0.56 0.47 0.49 0.44

Electronic Sensor 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 $0.44 Mil mean?
Electronic Sensor Technology (ESNR) has a Total Inventories of $0.44 Mil as of Sep. 2009. The total amount of inventory as recorded on a company's balance sheet. View historical data for Electronic Sensor Technology and its competitors.
Is Electronic Sensor Technology's Total Inventories too high?
Electronic Sensor Technology's current Total Inventories is $0.44 Mil.
How does Electronic Sensor Technology's Total Inventories compare to TRWRF and UCLE?
Electronic Sensor Technology's Total Inventories of $0.44 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 Sensor Technology and its competitors. Electronic Sensor Technology's current Total Inventories is $0.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current Total Inventories of $0.44 Mil. The current Total Inventories is $0.44 Mil. 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 Sensor Technology (ESNR), the current Total Inventories is $0.44 Mil as of Sep. 2009. 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 Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.