EZRaider Co (EZRaider Co) Days Inventory : 199.72 (As of Jun. 2022)

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What is EZRaider Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EZRaider Co's Average Total Inventories for the three months ended in Jun. 2022 was $0.12 Mil. EZRaider Co's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.05 Mil. Hence, EZRaider Co's Days Inventory for the three months ended in Jun. 2022 was 199.72.

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

EZRG's Days Inventory is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 68.56
* Ranked among companies with meaningful Days Inventory only.

EZRaider Co's Days Inventory increased from Feb. 2021 (0.00) to Jun. 2022 (199.72). It might indicate that EZRaider Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. EZRaider Co's Inventory Turnover for the three months ended in Jun. 2022 was 0.46.

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. EZRaider Co's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.54.

EZRaider Co Days Inventory Historical Data

The historical data trend for EZRaider Co'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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EZRaider Co Days Inventory Chart

EZRaider Co Annual Data

Trend

Feb20

Days Inventory

EZRaider Co Quarterly Data
	Feb20	Aug20	Nov20	Feb21	Aug21	Nov21	Mar22	Jun22
Days Inventory	Get a 7-Day Free Trial			-	-	433.44	73.73	199.72

Competitive Comparison of EZRaider Co's Days Inventory

For the Shell Companies subindustry, EZRaider Co'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.

EZRaider Co's Days Inventory Distribution in the Diversified Financial Services Industry

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

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

EZRaider Co Days Inventory Calculation

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

EZRaider Co's Days Inventory for the fiscal year that ended in Feb. 2020 is calculated as

	Days Inventory (A: Feb. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: Feb. 2020 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2020 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0.231	*	365
=	0					/	0.231	*	365
=	0.00

EZRaider Co's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.089	+	0.143)	/	2 )	/	0.053	*	365 / 4
=	0.116					/	0.053	*	365 / 4
=	199.72

EZRaider Co (OTCPK:EZRG) 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.

EZRaider Co's Inventory Turnover for the three months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.053	/	0.116
	=	0.46

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.

EZRaider Co's Inventory to Revenue for the three months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.116	/	0.215
	=	0.54

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.

EZRaider Co Days Inventory Related Terms

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EZRaider Co (EZRaider Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » EZRaider Co (OTCPK:EZRG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1303 Central Avenue South, Unit D, Kent, WA, USA, 98032

Website

EZRaider Co engages in providing manned tactical electric vehicles. Its products include EZRaider LW, EZRaider HD2, EZRaider HD4, and EZRaider E Cart HD.