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Emeco Holdings (Emeco Holdings) Days Inventory : 14.42 (As of Dec. 2023)


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What is Emeco Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emeco Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $14.1 Mil. Emeco Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $178.8 Mil. Hence, Emeco Holdings's Days Inventory for the six months ended in Dec. 2023 was 14.42.

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

EOHDF' s Days Inventory Range Over the Past 10 Years
Min: 8.75   Med: 23.68   Max: 47.46
Current: 20.26

During the past 13 years, Emeco Holdings's highest Days Inventory was 47.46. The lowest was 8.75. And the median was 23.68.

EOHDF's Days Inventory is ranked better than
56.03% of 680 companies
in the Business Services industry
Industry Median: 29.11 vs EOHDF: 20.26

Emeco Holdings's Days Inventory declined from Dec. 2022 (15.15) to Dec. 2023 (14.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Emeco Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 12.66.

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. Emeco Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.


Emeco Holdings Days Inventory Historical Data

The historical data trend for Emeco Holdings'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.

Emeco Holdings Days Inventory Chart

Emeco Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.69 19.06 23.95 26.54 22.88

Emeco Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.43 44.23 15.15 36.16 14.42

Competitive Comparison of Emeco Holdings's Days Inventory

For the Rental & Leasing Services subindustry, Emeco Holdings'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.


Emeco Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Emeco Holdings's Days Inventory distribution charts can be found below:

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



Emeco Holdings Days Inventory Calculation

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

Emeco Holdings'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
=( (17.787 + 15.728) / 2 ) / 267.281*365
=16.7575 / 267.281*365
=22.88

Emeco Holdings'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (15.728 + 12.522) / 2 ) / 178.765*365 / 2
=14.125 / 178.765*365 / 2
=14.42

* 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.


Emeco Holdings  (OTCPK:EOHDF) 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.

Emeco Holdings's Inventory Turnover for the six months ended in Dec. 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.

Emeco Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Emeco Holdings Days Inventory Related Terms

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


Emeco Holdings (Emeco Holdings) Business Description

Traded in Other Exchanges
Address
133 Hasler Road, Level 3, Osborne Park, Perth, WA, AUS, 6017
Emeco Holdings Ltd owns and operates a fleet of original equipment manufacturer machines to deliver equipment rental solutions. Its reportable segments are Australian Rental that provides a wide range of earthmoving equipment to customers in Australia, Australian Workshops which is engaged in providing maintenance services to customers in Australia and Pit N Portal which provides a range of mining services solutions and associated services to customers in Australia.. The company generates a majority of its revenue from the Australian Rental Segment. Geographically, it generates a majority of its revenue from Australia.

Emeco Holdings (Emeco Holdings) Headlines

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