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TOMI Environmental Solutions (TOMI Environmental Solutions) Days Inventory : 603.19 (As of Dec. 2023)


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What is TOMI Environmental Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TOMI Environmental Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $4.55 Mil. TOMI Environmental Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.69 Mil. Hence, TOMI Environmental Solutions's Days Inventory for the three months ended in Dec. 2023 was 603.19.

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

TOMZ' s Days Inventory Range Over the Past 10 Years
Min: 111.44   Med: 419.53   Max: 716.18
Current: 532.64

During the past 13 years, TOMI Environmental Solutions's highest Days Inventory was 716.18. The lowest was 111.44. And the median was 419.53.

TOMZ's Days Inventory is ranked worse than
97.31% of 2905 companies
in the Industrial Products industry
Industry Median: 120.15 vs TOMZ: 532.64

TOMI Environmental Solutions's Days Inventory increased from Dec. 2022 (360.65) to Dec. 2023 (603.19). It might indicate that TOMI Environmental Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TOMI Environmental Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 0.15.

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. TOMI Environmental Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.98.


TOMI Environmental Solutions Days Inventory Historical Data

The historical data trend for TOMI Environmental Solutions'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.

TOMI Environmental Solutions Days Inventory Chart

TOMI Environmental Solutions 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 374.83 111.44 491.26 514.37 543.21

TOMI Environmental Solutions 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 360.65 629.85 372.05 613.97 603.19

Competitive Comparison of TOMI Environmental Solutions's Days Inventory

For the Pollution & Treatment Controls subindustry, TOMI Environmental Solutions'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.


TOMI Environmental Solutions's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where TOMI Environmental Solutions's Days Inventory falls into.



TOMI Environmental Solutions Days Inventory Calculation

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

TOMI Environmental Solutions'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
=( (4.496 + 4.627) / 2 ) / 3.065*365
=4.5615 / 3.065*365
=543.21

TOMI Environmental Solutions'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
=( (4.482 + 4.627) / 2 ) / 0.689*365 / 4
=4.5545 / 0.689*365 / 4
=603.19

* 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.


TOMI Environmental Solutions  (NAS:TOMZ) 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.

TOMI Environmental Solutions'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.

TOMI Environmental Solutions'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.


TOMI Environmental Solutions Days Inventory Related Terms

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


TOMI Environmental Solutions (TOMI Environmental Solutions) Business Description

Traded in Other Exchanges
N/A
Address
8430 Spires Way, Frederick, MD, USA, 21701
TOMI Environmental Solutions Inc is a global bacteria decontamination and infectious disease control company, providing environmental solutions for indoor surface decontamination through the manufacturing, sales, service and licensing of its SteraMist brand of products, including SteraMist BIT, a low percentage (7.8%) hydrogen peroxide-based fog or mist that uses Binary Ionization Technology (BIT). Its product portfolio includes SteraMist Surface Unit; SteraMist Environment System; The SteraMist Total Disinfection Cart; SteraMist Select Surface Unit; Stainless Steel 90 Degree Applicator; iHP Plasma Decontamination Chamber; SteraMist Custom Engineered System (CES); and iHP Corporate Service Decontamination.
Executives
Shane Dr. Halden Stuart director, 10 percent owner, officer: Chief Executive Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 8430 SPIRES WAY, FREDERICK MD 21701
Nick Jennings officer: Chief Financial Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 8430 SPIRES WAY, SUITE N, FREDERICK MD 21701
Boh Soon Lim director 56 YUK TONG AVENUE, SINGAPORE U0 596357
Sok Huy Lau 10 percent owner 96 ROBINSON ROAD, SINGAPORE U0 068899
Elissa Jessica Shane officer: Chief Operating Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 8430 SPIRES WAY, SUITE N, FREDERICK MD 21701
Environmental Solutions Holding Pte. Ltd 10 percent owner 96 ROBINSON ROAD #11-04, SIF BUILDING, SINGAPORE U0 068899
Arise Asset Management Pte Ltd 10 percent owner 8 WILKIE ROAD, #03-01 WILKIE EDGE, SINGAPORE U0 228095
Ron E Ainsworth director 4651 BRIGHTON RD, CORONA DEL MAR CA 92625
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Robert Wotczak officer: President C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 5111 PEGASUS COURT, FREDERICK MD 21704
Walter C Johnsen director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Edward J Fred director C/O CPI AEROSTRUCTRUES INC, 200A EXECUTIVE DRIVE, EDGEWOOD NY 11717
Harold Paul director HAROLD PAUL, LLC, PO BOX 33812, SANTA FE NM 87594
Norris Gearhart officer: Chief Operating Officer C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212