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Star Equity Holdings (Star Equity Holdings) Days Inventory : 31.06 (As of Dec. 2023)


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What is Star Equity Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Star Equity Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $3.83 Mil. Star Equity Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $11.26 Mil. Hence, Star Equity Holdings's Days Inventory for the three months ended in Dec. 2023 was 31.06.

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

STRR' s Days Inventory Range Over the Past 10 Years
Min: 21.1   Med: 35.92   Max: 53.81
Current: 44.61

During the past 13 years, Star Equity Holdings's highest Days Inventory was 53.81. The lowest was 21.10. And the median was 35.92.

STRR's Days Inventory is ranked better than
63.54% of 192 companies
in the Medical Diagnostics & Research industry
Industry Median: 65.03 vs STRR: 44.61

Star Equity Holdings's Days Inventory declined from Dec. 2022 (66.26) to Dec. 2023 (31.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Star Equity Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.94.

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. Star Equity Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.27.


Star Equity Holdings Days Inventory Historical Data

The historical data trend for Star Equity Holdings'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.

Star Equity Holdings Days Inventory Chart

Star Equity Holdings 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 40.68 47.82 36.60 53.81 43.65

Star Equity Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 66.26 37.08 105.03 48.11 31.06

Competitive Comparison of Star Equity Holdings's Days Inventory

For the Diagnostics & Research subindustry, Star Equity Holdings'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.


Star Equity Holdings's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Star Equity Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Star Equity Holdings's Days Inventory falls into.



Star Equity Holdings Days Inventory Calculation

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

Star Equity Holdings'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
=( (4.678 + 3.42) / 2 ) / 33.859*365
=4.049 / 33.859*365
=43.65

Star Equity Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.243 + 3.42) / 2 ) / 11.257*365 / 4
=3.8315 / 11.257*365 / 4
=31.06

* 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.


Star Equity Holdings  (NAS:STRR) 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.

Star Equity Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

Star Equity Holdings's Inventory to Revenue for the three months ended in Dec. 2023 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.


Star Equity Holdings Days Inventory Related Terms

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


Star Equity Holdings (Star Equity Holdings) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Suite 101, Old Greenwich, CT, USA, 06870
Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health. It provides imaging services to healthcare providers using a fleet of solid-state gamma cameras and also the manufacturing, distribution, and maintenance of gamma cameras, The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment generates intercompany revenue from the lease of commercial properties and equipment.
Executives
Thatcher Butcher officer: President - KBS C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr. officer: Chief Operating Officer 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ronald A. Schumacher officer: Exec Chairman - EdgeBuilder C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John W Gildea director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Hannah M. Bible officer: Chief Legal Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Michael A. Cunnion director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David James Noble officer: Chief Operating Officer 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew G. Molchan officer: President and CEO 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
John M Climaco director PO BOX 326, PARK CITY UT 84060
Virgil Lott officer: President, Diagnostic Imaging 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Michael Debeauvernet officer: General Manager,Mobile Imaging C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Jeffry R. Keyes officer: Chief Financial Officer 13950 STOWE DRIVE, POWAY CA 92064-8803

Star Equity Holdings (Star Equity Holdings) Headlines