Ebang International Holdings (STU:7EBA) Days Inventory : 29.45 (As of Jun. 2023)

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What is Ebang International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ebang International Holdings's Average Total Inventories for the six months ended in Jun. 2023 was €0.46 Mil. Ebang International Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was €2.85 Mil. Hence, Ebang International Holdings's Days Inventory for the six months ended in Jun. 2023 was 29.45.

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

STU:7EBA' s Days Inventory Range Over the Past 10 Years
Min: 18.17 Med: 90.18 Max: 141.1
Current: 18.17

During the past 5 years, Ebang International Holdings's highest Days Inventory was 141.10. The lowest was 18.17. And the median was 90.18.

STU:7EBA's Days Inventory is ranked better than
96.72% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs STU:7EBA: 18.17

Ebang International Holdings's Days Inventory declined from Jun. 2022 (59.58) to Jun. 2023 (29.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ebang International Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 6.20.

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. Ebang International Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.12.

Ebang International Holdings Days Inventory Historical Data

The historical data trend for Ebang International 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.

Ebang International Holdings Days Inventory Chart

Ebang International Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

82.11

101.71

151.45

87.93

76.94

Ebang International Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial					69.59	120.33	59.58	12.35	29.45

Competitive Comparison of Ebang International Holdings's Days Inventory

For the Computer Hardware subindustry, Ebang International 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.

Ebang International Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ebang International Holdings's Days Inventory distribution charts can be found below:

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

Ebang International Holdings Days Inventory Calculation

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

Ebang International Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.317	+	0.415)	/	2 )	/	15.969	*	365
=	3.366					/	15.969	*	365
=	76.94

Ebang International Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.415	+	0.506)	/	2 )	/	2.854	*	365 / 2
=	0.4605					/	2.854	*	365 / 2
=	29.45

Ebang International Holdings (STU:7EBA) 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.

Ebang International Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.854	/	0.4605
	=	6.20

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.

Ebang International Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4605	/	3.771
	=	0.12

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.

Ebang International Holdings Days Inventory Related Terms

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

Ebang International Holdings (STU:7EBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ebang International Holdings Inc (STU:7EBA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

EBON:USA

Address

No. 20-02B, 12 Marina View, Asia Square Tower 2, Singapore, SGP, 018961

Website

https://www.ebang.com.cn

Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high-performance Bitcoin mining machines. The company's Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in a single segment selling Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.

Ebang International Holdings (STU:7EBA) Headlines

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