How does inventory level and days‑sales‑of‑inventory look compared to the previous period?

Answer

The press‑release you quoted from Business Wire only announces that Everspin Technologies, Inc. (NASDAQ: MRAM) has posted its preliminary unaudited second‑quarter 2025 financial results and includes a brief comment from CEO Sanjeev Aggarwal about the company’s “consistent financial performance” and “ramping design wins.”

Unfortunately, the release does not provide any of the quantitative details that are needed to evaluate the company’s inventory position or its days‑sales‑of‑inventory (DSI) metric for the quarter. Specifically, the following data points are missing:

Because those figures are not included in the brief summary, we cannot compute or comment on whether inventory has risen or fallen, nor can we determine whether DSI has improved (i.e., fewer days of inventory on hand) or deteriorated relative to the previous period.

How to Obtain the Missing Information

1. Full Earnings Release – Companies typically post a more detailed earnings release on their investor‑relations website that includes a balance‑sheet snapshot (showing inventory) and an income‑statement (showing COGS). The DSI is often disclosed directly or can be calculated from those numbers.

2. Form 10‑Q Filing – Since the results are “preliminary unaudited,” the next SEC Form 10‑Q (or 10‑K if it were a full quarter) will contain the complete balance sheet and statement of operations, enabling you to:

   • Read the ending inventory for Q2 2025 and Q1 2025.
   • Retrieve cost of goods sold (COGS) for each quarter.
   • Compute DSI for each quarter:
     [ \text{DSI} = \frac{\text{Ending Inventory}}{\text{COGS}} \times \text{Days in period} ] (For a quarterly period, “Days in period” is typically 90; for an annualized view, use 365.)

3. Investor Call Transcript – If Everspin held a conference call or webcast for the quarter, the management discussion often includes commentary on inventory trends, supply‑chain constraints, or demand‑driven adjustments that can give qualitative insight even before the numbers are released.

4. Third‑Party Financial Data Providers – Platforms such as Bloomberg, FactSet, or S&P Capital IQ often capture the interim financial statements shortly after they are filed with the SEC and may already display inventory and DSI figures.

Why Inventory and DSI Matter for Everspin

• Inventory Level: As a developer/manufacturer of MRAM, Everspin’s inventory reflects its production planning, component lead‑times, and the timing of design‑win conversions into shipments. A rising inventory could signal either a buildup in anticipation of higher demand (a positive sign if backed by strong order pipelines) or a slowdown in order fulfillment (a potential warning sign).

• Days‑Sales‑of‑Inventory (DSI): DSI measures how efficiently a company converts its inventory into sales. A declining DSI (fewer days) generally indicates tighter inventory management and stronger demand, whereas an increasing DSI may point to excess stock, slower sales, or potential obsolescence risk—especially relevant for technology products with rapid generational shifts.

What We Can Infer From the Available Commentary

The CEO’s statement highlights “consistent financial performance” and “ramping design wins.” Those remarks suggest:

• Positive demand outlook – New design wins often translate into future shipments, which could lead management to increase inventory in the short term to meet anticipated orders.
• Potential inventory efficiency – If the design wins are converting quickly into shipments, the DSI might be stable or even improving (i.e., fewer days of inventory on hand).

However, without the actual inventory balances and COGS figures, any inference would be speculative and not appropriate for a rigorous financial analysis.

Bottom Line

• Current data: The provided news excerpt does not contain the inventory or DSI numbers needed for a direct comparison to the prior period.
• Next steps: Review Everspin’s full earnings release, SEC Form 10‑Q, or the upcoming earnings call transcript to obtain the necessary figures. Once you have the ending inventory and COGS for Q2 2025 and Q1 2025, you can calculate DSI for each quarter and assess the change (increase, decrease, or stability) between the periods.

If you locate the detailed financial statements and would like assistance interpreting the numbers or calculating DSI, feel free to share those figures and I can walk you through the analysis.