Ecomax (Ecomax) Days Inventory

: 36.99 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Ecomax's Average Total Inventories for the three months ended in Dec. 2023 was $0.05 Mil. Ecomax's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.11 Mil. Hence, Ecomax's Days Inventory for the three months ended in Dec. 2023 was 36.99.

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

EMAX' s Days Inventory Range Over the Past 10 Years
Min: 33.28 Med: 77.63 Max: 77.63
Current: 33.28

During the past 9 years, Ecomax's highest Days Inventory was 77.63. The lowest was 33.28. And the median was 77.63.

EMAX's Days Inventory is ranked better than
65.52% of 29 companies
in the Diversified Financial Services industry
Industry Median: 68.56 vs EMAX: 33.28

Ecomax's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (36.99). It might indicate that Ecomax'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. Ecomax's Inventory Turnover for the three months ended in Dec. 2023 was 2.47.

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. Ecomax's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.

Ecomax Days Inventory Historical Data

The historical data trend for Ecomax'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.

Ecomax Annual Data

Trend

Dec96

Dec97

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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77.63

Ecomax Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	71.97	23.00	30.03	36.99

Competitive Comparison

For the Shell Companies subindustry, Ecomax'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.

Ecomax Days Inventory Distribution

For the Diversified Financial Services industry and Financial Services sector, Ecomax's Days Inventory distribution charts can be found below:

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

Ecomax Days Inventory Calculation

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

Ecomax's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.067)	/	1 )	/	0.315	*	365
=	0.067					/	0.315	*	365
=	77.63

Ecomax'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
=	( (0.037	+	0.053)	/	2 )	/	0.111	*	365 / 4
=	0.045					/	0.111	*	365 / 4
=	36.99

Ecomax (OTCPK:EMAX) 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.

Ecomax's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.111	/	0.045
	=	2.47

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.

Ecomax's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.045	/	0.15
	=	0.30

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.

Ecomax Days Inventory Related Terms

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

Ecomax (Ecomax) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ecomax Inc (OTCPK:EMAX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

630 Fifth Avenue, Suite 2338, New York, NY, USA, 10020

Website

http://www.ecomatinc.com

Ecomax Inc is seeking new business opportunities.

Executives

Ivo Heiden

director, 10 percent owner, officer: CEO and CFO

2275 HUNTINGTON DRIVE, SUITE 851, SAN MARINO CA 91108

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