The Environmental Group (ASX:EGL) Days Inventory : 28.44 (As of Dec. 2024)

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What is The Environmental Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Environmental Group's Average Total Inventories for the six months ended in Dec. 2024 was A$6.2 Mil. The Environmental Group's Cost of Goods Sold for the six months ended in Dec. 2024 was A$39.9 Mil. Hence, The Environmental Group's Days Inventory for the six months ended in Dec. 2024 was 28.44.

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

ASX:EGL' s Days Inventory Range Over the Past 10 Years
Min: 1.46 Med: 11.82 Max: 28.29
Current: 28.29

During the past 13 years, The Environmental Group's highest Days Inventory was 28.29. The lowest was 1.46. And the median was 11.82.

ASX:EGL's Days Inventory is ranked better than
95.43% of 2912 companies
in the Industrial Products industry
Industry Median: 124.875 vs ASX:EGL: 28.29

The Environmental Group's Days Inventory increased from Dec. 2023 (28.03) to Dec. 2024 (28.44). It might indicate that The Environmental Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Environmental Group's Inventory Turnover for the six months ended in Dec. 2024 was 6.42.

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. The Environmental Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.11.

The Environmental Group Days Inventory Historical Data

The historical data trend for The Environmental Group'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.

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The Environmental Group Days Inventory Chart

The Environmental Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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19.49

15.20

12.31

18.84

26.99

The Environmental Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															8.69	19.55	28.03	26.19	28.44

Competitive Comparison of The Environmental Group's Days Inventory

For the Pollution & Treatment Controls subindustry, The Environmental Group'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.

The Environmental Group's Days Inventory Distribution in the Industrial Products Industry

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

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

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The Environmental Group Days Inventory Calculation

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

The Environmental Group's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (5.101	+	5.103)	/	2 )	/	68.993	*	365
=	5.102					/	68.993	*	365
=	26.99

The Environmental Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5.103	+	7.337)	/	2 )	/	39.912	*	365 / 2
=	6.22					/	39.912	*	365 / 2
=	28.44

The Environmental Group (ASX:EGL) 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.

The Environmental Group's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.912	/	6.22
	=	6.42

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.

The Environmental Group's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.22	/	54.233
	=	0.11

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.

The Environmental Group Days Inventory Related Terms

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The Environmental Group Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

315 Ferntree Gulley R, Level 2, Suite 2.01, Mount Waverley, VIC, AUS, 3149

Website

https://www.environmental.com.au

The Environmental Group Ltd is a facility service and environmental solutions company. Its principal activities are the design, application, and servicing of gas and vapor emission control systems, inlet and exhaust systems for gas turbines and engineering services, and water treatment, service, and maintenance of commercial boilers and engineering services, to a wide variety of industries. Its operating segments include EGL Clean Air TAPC, EGL Clean Air Airtight, EGL Energy, EGL Turbine Enhancement, EGL Waste, and others. It generates the majority of its revenue from the EGL Energy segment.