Euro Tech Holdings Co (Euro Tech Holdings Co) Days Inventory : 16.90 (As of Jun. 2023)

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What is Euro Tech Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Euro Tech Holdings Co's Average Total Inventories for the six months ended in Jun. 2023 was $0.60 Mil. Euro Tech Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2023 was $6.46 Mil. Hence, Euro Tech Holdings Co's Days Inventory for the six months ended in Jun. 2023 was 16.90.

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

CLWT' s Days Inventory Range Over the Past 10 Years
Min: 9.38 Med: 13.71 Max: 20.32
Current: 16.42

During the past 13 years, Euro Tech Holdings Co's highest Days Inventory was 20.32. The lowest was 9.38. And the median was 13.71.

CLWT's Days Inventory is ranked better than
97.38% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs CLWT: 16.42

Euro Tech Holdings Co's Days Inventory declined from Jun. 2022 (18.15) to Jun. 2023 (16.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Euro Tech Holdings Co's Inventory Turnover for the six months ended in Jun. 2023 was 10.80.

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. Euro Tech Holdings Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.08.

Euro Tech Holdings Co Days Inventory Historical Data

The historical data trend for Euro Tech Holdings Co'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.

Euro Tech Holdings Co Days Inventory Chart

Euro Tech Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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9.98

13.88

17.51

10.34

20.32

Euro Tech Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															8.47	9.04	18.15	16.94	16.90

Competitive Comparison of Euro Tech Holdings Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Euro Tech Holdings Co'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.

Euro Tech Holdings Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Euro Tech Holdings Co's Days Inventory falls into.

Euro Tech Holdings Co Days Inventory Calculation

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

Euro Tech Holdings Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.547	+	0.603)	/	2 )	/	10.331	*	365
=	0.575					/	10.331	*	365
=	20.32

Euro Tech Holdings Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.603	+	0.593)	/	2 )	/	6.459	*	365 / 2
=	0.598					/	6.459	*	365 / 2
=	16.90

Euro Tech Holdings Co (NAS:CLWT) 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.

Euro Tech Holdings Co's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.459	/	0.598
	=	10.80

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.

Euro Tech Holdings Co's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.598	/	7.957
	=	0.08

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.

Euro Tech Holdings Co Days Inventory Related Terms

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

Euro Tech Holdings Co (Euro Tech Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Tech Holdings Co Ltd (NAS:CLWT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Wong Chuk Hong Road, Unit D, 18th Floor, Room C & D, Gee Chang Hong Centre, Hong Kong, HKG

Website

https://www.euro-tech.com

Euro Tech Holdings Co Ltd is a distributor and manufacturer of technology instruments as well as an environmental engineering services provider. It is engaged in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, supplies, and related automation systems. There are two operating segments of the company. The Trading and manufacturing segment, which is the key revenue driver, includes distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and related supplies and power generation equipment. The Engineering segment includes water and waste-water treatment engineering and air pollution control business. The majority of the revenue is generated from Hong Kong.