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Dais (DLYT) Total Inventories : $0.21 Mil (As of Sep. 2023)


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What is Dais Total Inventories?

Dais's total inventories for the quarter that ended in Sep. 2023 was $0.21 Mil. Dais's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dais's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dais's Days Inventory for the three months ended in Sep. 2023 was 62.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dais's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.47.

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. Dais's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.36.


Dais Total Inventories Historical Data

The historical data trend for Dais'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.

* Premium members only.

Dais Total Inventories Chart

Dais Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.09 0.07 0.07 0.29

Dais Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.19 0.29 0.34 0.31 0.21

Dais 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.


Dais  (OTCPK:DLYT) 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.

Dais's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0.296+0.5 * 0.211-15.224
-0-0)/21.4789
=-0.69

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

Dais's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.259/0.38*365 / 4
=62.19

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

Dais's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.38 / 0.259
=1.47

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.

Dais's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.259 / 0.713
=0.36

* 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.


Dais Total Inventories Related Terms

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Dais (DLYT) Business Description

Traded in Other Exchanges
N/A
Address
11552 Prosperous Drive, Odessa, FL, USA, 33556
Dais Corp is a us-based nano-structured polymer technology materials company. Business activity of the firm includes development and distribution of nanotechnology-based applications for heating, cooling, water treatment, and energy storage. It offers ConsERV product, which is a fixed plate energy recovery ventilator. In addition, it is developing other nano-structured polymer technology applications, including NanoClear, a water clean-up process useful in the creation of potable water from contaminated water, including industrial process wastewater, sea, brackish or wastewater, and NanoAir, a water-based, no fluorocarbon-based, refrigerant dehumidification, humidification, heating and cooling system.
Executives
Robert Schwartz director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Mccollum Ira William Jr. director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Thomas E Tuner director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Judith M Cortina officer: Treasurer
Eliza X Wang director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Soex (hong Kong) Industry & Investment Co., Ltd. 10 percent owner ROOM 11-2-1103 11/F KOWLOON BLDG 555, NATHAN ROAD, MONGKOK KL K3 00000
Conner-boyd Joyce Collette officer: Chief Operating Officer 11452 PEMBROOK RUN, ESTERO FL 33928
Leonard Samuels 10 percent owner
Judith Carolyn Norstrud officer: CFO and Treasurer 15837 TRACKSIDE DRIVE, ODESSA FL 33556
David Longacre officer: VP of Sales and Marketing 4104 WEST MCKAY AVENUE, TAMPA FL 33609
Michael M Gostomski 10 percent owner
Harold Mandelbaum officer: CFO & Treasurer 315 EAST 70TH STREET #1E, NEW YORK NY 10021
Patricia Kelly Tangredi 10 percent owner 10416 PONTOFINO CIRCLE, TRINITY FL 34655
Timothy Tangredi director, 10 percent owner, officer: President & CEO 10416 PONTOFINO CIRCLE, TRINITY FL 34655
Linda Ehrenberg other: Spouse of Scott G. Ehenberg 1140 BAYTOWN DRIVE APT. 17, CHAMPAGNE IL 61822

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