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Ennis (EBF) Days Inventory : 53.86 (As of Feb. 2024)


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What is Ennis Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ennis's Average Total Inventories for the three months ended in Feb. 2024 was $41.2 Mil. Ennis's Cost of Goods Sold for the three months ended in Feb. 2024 was $69.8 Mil. Hence, Ennis's Days Inventory for the three months ended in Feb. 2024 was 53.86.

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

EBF' s Days Inventory Range Over the Past 10 Years
Min: 39.28   Med: 47.17   Max: 171.91
Current: 56.77

During the past 13 years, Ennis's highest Days Inventory was 171.91. The lowest was 39.28. And the median was 47.17.

EBF's Days Inventory is ranked better than
85.76% of 2907 companies
in the Industrial Products industry
Industry Median: 119.76 vs EBF: 56.77

Ennis's Days Inventory declined from Feb. 2023 (59.38) to Feb. 2024 (53.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ennis's Inventory Turnover for the three months ended in Feb. 2024 was 1.69.

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. Ennis's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.42.


Ennis Days Inventory Historical Data

The historical data trend for Ennis'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.

Ennis Days Inventory Chart

Ennis Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.42 48.63 45.70 51.80 53.78

Ennis Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 59.38 56.04 58.04 54.18 53.86

Competitive Comparison of Ennis's Days Inventory

For the Business Equipment & Supplies subindustry, Ennis'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.


Ennis's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ennis's Days Inventory falls into.



Ennis Days Inventory Calculation

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

Ennis's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (46.834 + 40.037) / 2 ) / 294.767*365
=43.4355 / 294.767*365
=53.78

Ennis's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (42.325 + 40.037) / 2 ) / 69.763*365 / 4
=41.181 / 69.763*365 / 4
=53.86

* 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.


Ennis  (NYSE:EBF) 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.

Ennis's Inventory Turnover for the three months ended in Feb. 2024 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.

Ennis's Inventory to Revenue for the three months ended in Feb. 2024 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.


Ennis Days Inventory Related Terms

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


Ennis (EBF) Business Description

Traded in Other Exchanges
N/A
Address
2441 Presidential Parkway, Midlothian, TX, USA, 76065
Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialities, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging.
Executives
Daniel Gus officer: General Counsel & Asst. Secy. 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Robert T Pennington officer: Chief Revenue Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Boyne Wade Brewer officer: Chief Operating Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Alejandro Quiroz director 18943 DE ENCLAVE, SAN ANTONIO TX 78258
Vera Burnett officer: Interim CFO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Margaret A Walters director 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Barbara T Clemens director 12024 BEAUTYBRUSH, BEE CAVE TX 78738
Aaron Carter director 2502 GARRETT COURT, CEDAR HILL TX 75104
Michael D Magill officer: Exec VP and Treasurer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Gary S Mozina director 27300 HIDDEN RIVER COURT, BONITA SPRINGS FL 34134
Troy L Priddy director 2206 SHANE DRIVE, MIDLOTHIAN TX 76065
John R Blind director 316 LAKE STILLWATER DRIVE, SAINT SIMONS ISLAND GA 31522
Kenneth G Pritchett director 4470 E. HIGHWAY 287, SUITE 800, MIDLOTHIAN TX 76065
Keith S Walters director, officer: Chairman, President and CEO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Irshad Ahmad officer: VP-Chief Technology Officer ENNIS INC, 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065