Days Inventory is also known as Days Sales of Inventory (DSI). Enviva's Average Total Inventories for the
three
months ended in Sep. 2023 was $195 Mil. Enviva's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $268 Mil.
Hence, Enviva's Days Inventory for the
three
months ended in Sep. 2023 was 66.49.
The historical rank and industry rank for Enviva's Days Inventory or its related term are showing as below:
EVA'
s Days Inventory Range Over the Past 10 Years
Min: 17.54 Med: 20.46 Max: 51.35
Current: 51.35
During the past 11 years, Enviva's highest Days Inventory was 51.35. The lowest was 17.54. And the median was 20.46.
EVA's Days Inventory is ranked better than 79.86% of 278
companies
in the Forest Products industry
Industry Median: 87.975
vs EVA: 51.35
Enviva's Days Inventory
increased
from Sep. 2022 (28.42) to Sep. 2023 (66.49).
It might indicate that Enviva's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Enviva's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.37.
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.
Enviva's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.61.
Enviva Days Inventory Historical Data
The historical data trend for Enviva'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 Lumber & Wood Production subindustry, Enviva'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.
Enviva's Days Inventory Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Enviva's Days Inventory distribution charts can be found below:
* The bar in red indicates where Enviva's Days Inventory falls into.
Enviva Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Enviva's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Enviva (NYSE:EVA) 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.
Enviva's Inventory Turnover for the
three
months ended in Sep. 2023 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.
Enviva's Inventory to Revenue for the
three
months ended in Sep. 2023 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.
Enviva Days Inventory Related Terms
Thank you for viewing the detailed overview of Enviva's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EVA has been successfully added to your 