ELANA Agrocredit AD Sofia (XBUL:EAC) Days Inventory : 3.10 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ELANA Agrocredit AD Sofia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ELANA Agrocredit AD Sofia's Average Total Inventories for the three months ended in Dec. 2023 was лв0.31 Mil. ELANA Agrocredit AD Sofia's Cost of Goods Sold for the three months ended in Dec. 2023 was лв9.13 Mil. Hence, ELANA Agrocredit AD Sofia's Days Inventory for the three months ended in Dec. 2023 was 3.10.

The historical rank and industry rank for ELANA Agrocredit AD Sofia's Days Inventory or its related term are showing as below:

XBUL:EAC' s Days Inventory Range Over the Past 10 Years
Min: 4.14 Med: 7.07 Max: 206.5
Current: 4.87

During the past 12 years, ELANA Agrocredit AD Sofia's highest Days Inventory was 206.50. The lowest was 4.14. And the median was 7.07.

XBUL:EAC's Days Inventory is ranked better than
78.64% of 103 companies
in the Credit Services industry
Industry Median: 41.91 vs XBUL:EAC: 4.87

ELANA Agrocredit AD Sofia's Days Inventory declined from Dec. 2022 (7.78) to Dec. 2023 (3.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. ELANA Agrocredit AD Sofia's Inventory Turnover for the three months ended in Dec. 2023 was 29.45.

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. ELANA Agrocredit AD Sofia's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.

ELANA Agrocredit AD Sofia Days Inventory Historical Data

The historical data trend for ELANA Agrocredit AD Sofia'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.

ELANA Agrocredit AD Sofia Days Inventory Chart

ELANA Agrocredit AD Sofia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

4.22

6.84

14.32

10.70

5.37

ELANA Agrocredit AD Sofia 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															7.78	10.98	7.57	3.01	3.10

Competitive Comparison of ELANA Agrocredit AD Sofia's Days Inventory

For the Credit Services subindustry, ELANA Agrocredit AD Sofia'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.

ELANA Agrocredit AD Sofia's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELANA Agrocredit AD Sofia's Days Inventory distribution charts can be found below:

* The bar in red indicates where ELANA Agrocredit AD Sofia's Days Inventory falls into.

ELANA Agrocredit AD Sofia Days Inventory Calculation

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

ELANA Agrocredit AD Sofia's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.397	+	0.333)	/	2 )	/	24.829	*	365
=	0.365					/	24.829	*	365
=	5.37

ELANA Agrocredit AD Sofia'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
=	( (0.287	+	0.333)	/	2 )	/	9.129	*	365 / 4
=	0.31					/	9.129	*	365 / 4
=	3.10

ELANA Agrocredit AD Sofia (XBUL:EAC) 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.

ELANA Agrocredit AD Sofia's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.129	/	0.31
	=	29.45

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.

ELANA Agrocredit AD Sofia's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.31	/	10.542
	=	0.03

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.

ELANA Agrocredit AD Sofia Days Inventory Related Terms

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