EXP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
EXP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Days Inventory is also known as Days Sales of Inventory (DSI). Eagle Materials's Average Total Inventories for the three months ended in Dec. 2023 was $318 Mil. Eagle Materials's Cost of Goods Sold for the three months ended in Dec. 2023 was $378 Mil. Hence, Eagle Materials's Days Inventory for the three months ended in Dec. 2023 was 76.63.
The historical rank and industry rank for Eagle Materials's Days Inventory or its related term are showing as below:
During the past 13 years, Eagle Materials's highest Days Inventory was 101.17. The lowest was 63.93. And the median was 91.56.
Eagle Materials's Days Inventory increased from Dec. 2022 (61.18) to Dec. 2023 (76.63). It might indicate that Eagle Materials's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. Eagle Materials's Inventory Turnover for the three months ended in Dec. 2023 was 1.19.
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. Eagle Materials's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.57.
The historical data trend for Eagle Materials'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.
For the Building Materials subindustry, Eagle Materials'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.
For the Building Materials industry and Basic Materials sector, Eagle Materials's Days Inventory distribution charts can be found below:
* The bar in red indicates where Eagle Materials's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Eagle Materials's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as
Days Inventory (A: Mar. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Mar. 2022 ) | + | Total Inventories (A: Mar. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Mar. 2023 ) | * | Days in Period |
= | ( (236.661 | + | 291.882) | / | 2 ) | / | 1508.803 | * | 365 |
= | 264.2715 | / | 1508.803 | * | 365 | ||||
= | 63.93 |
Eagle Materials's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:
Days Inventory (Q: Dec. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Sep. 2023 ) | + | Total Inventories (Q: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (Q: Dec. 2023 ) | * | Days in Period |
= | ( (301.374 | + | 333.828) | / | 2 ) | / | 378.205 | * | 365 / 4 |
= | 317.601 | / | 378.205 | * | 365 / 4 | ||||
= | 76.63 |
* 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.
Eagle Materials (NYSE:EXP) 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.
Eagle Materials's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 378.205 | / | 317.601 | |
= | 1.19 |
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.
Eagle Materials's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 317.601 | / | 558.833 | |
= | 0.57 |
* 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.
Thank you for viewing the detailed overview of Eagle Materials's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Eric Cribbs | officer: Executive Vice President | 5960 BERKSHIRE LN, SUITE 800, DALLAS TX 75225 |
Matt Newby | officer: EVP & General Counsel | 5960 BERKSHIRE LN, SUITE 900, DALLAS TX 75225 |
Richard Ross Stewart | director | 2707 N LOOP WEST 9TH FL, HOUSTON TX 77008 |
Dale Craig Kesler | officer: EVP and CFO | 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219 |
Michael Haack | director, officer: President & CEO | 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219 |
Robert S Stewart | officer: EVP-Strategy & Corp. Develop. | C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219 |
William R Devlin | officer: Vice President & Controller | C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219 |
Tony Thompson | officer: Senior Vice President | 5960 BERKSHIRE LN, SUITE 800, DALLAS TX 75225 |
George John Damiris | director | 100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201 |
David B Powers | officer: Executive Vice President | C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75201 |
Steven L Wentzel | officer: President (American Gypsum) | 5960 BERKSHIRE LN #800, DALLAS TX 75225 |
Bowman Ed H Jr | director | C/O F.Y.I. INC, 3232 MCKINNEY AVE STE 900, DALLAS TX 75204 |
James H Graass | officer: EVP & General Counsel | C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219 |
Martin M Ellen | director | 5960 BERKSHIRE LN, SUITE 900, DALLAS TX 75225 |
Mauro Gregorio | director | 2211 H.H. DOW WAY, MIDLAND MI 48674 |
From GuruFocus
By Business Wire Business Wire • 02-07-2022
By Business Wire • 11-06-2023
By GuruFocus Research GuruFocus Editor • 11-10-2021
By Business Wire • 12-05-2023
By Business Wire Business Wire • 05-22-2023
By GuruFocus Research • 10-30-2023
By Business Wire Business Wire • 01-11-2023
By Business Wire Business Wire • 04-25-2022
By Business Wire Business Wire • 04-27-2023
By Business Wire Business Wire • 05-03-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.