Essbio (XSGO:ESSBIO-C) Days Inventory : 19.50 (As of Dec. 2023)

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What is Essbio Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Essbio's Average Total Inventories for the three months ended in Dec. 2023 was CLP2,792 Mil. Essbio's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP13,065 Mil. Hence, Essbio's Days Inventory for the three months ended in Dec. 2023 was 19.50.

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

XSGO:ESSBIO-C' s Days Inventory Range Over the Past 10 Years
Min: 9.35 Med: 16.13 Max: 19.7
Current: 19.59

During the past 13 years, Essbio's highest Days Inventory was 19.70. The lowest was 9.35. And the median was 16.13.

XSGO:ESSBIO-C's Days Inventory is ranked better than
55.48% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs XSGO:ESSBIO-C: 19.59

Essbio's Days Inventory declined from Dec. 2022 (19.94) to Dec. 2023 (19.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Essbio's Inventory Turnover for the three months ended in Dec. 2023 was 4.68.

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. Essbio's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.

Essbio Days Inventory Historical Data

The historical data trend for Essbio'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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Essbio Days Inventory Chart

Essbio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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10.81

15.14

17.66

18.32

19.54

Essbio 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															19.94	20.81	19.67	18.54	19.50

Competitive Comparison of Essbio's Days Inventory

For the Utilities - Regulated Water subindustry, Essbio'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.

Essbio's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Essbio's Days Inventory distribution charts can be found below:

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

Essbio Days Inventory Calculation

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

Essbio'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
=	( (2920.598	+	2763.343)	/	2 )	/	53073.782	*	365
=	2841.9705					/	53073.782	*	365
=	19.54

Essbio'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
=	( (2819.995	+	2763.343)	/	2 )	/	13064.707	*	365 / 4
=	2791.669					/	13064.707	*	365 / 4
=	19.50

Essbio (XSGO:ESSBIO-C) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13064.707	/	2791.669
	=	4.68

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2791.669	/	58658.406
	=	0.05

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.

Essbio Days Inventory Related Terms

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

Essbio (XSGO:ESSBIO-C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Essbio SA (XSGO:ESSBIO-C) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ESSBIO-A:Chile

Address

Prat Avenue 199 Tower B, 15th floor, Concepcion, CHL

Website

https://www.essbio.cl

Essbio SA is a water utility company in Chile. The company is engaged in the production and distribution of drinking water; evacuation and decontamination of sewage and industrial wastewater treatment and technical assistance to rural water systems. It provides Provide high-quality solutions and services in the integral water cycle (potable water, sewage, and decontamination of wastewater) and in the integral management of waste.

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