Switch to:

Eagle Materials Inventory Turnover

: 0.87 (As of Mar. 2019)
View and export this data going back to 1994. Start your Free Trial

Inventory turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Eagle Materials's Cost of Goods Sold for the three months ended in Mar. 2019 was $228 Mil. Eagle Materials's Total Inventories for the quarter that ended in Mar. 2019 was $263 Mil. Eagle Materials's inventory turnover for the quarter that ended in Mar. 2019 was 0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eagle Materials's Days Inventory for the three months ended in Mar. 2019 was 105.29.

Total Inventories can be measured by Days Sales of Inventory (DSI). Eagle Materials's days sales of inventory (DSI) for the three months ended in Mar. 2019 was 84.37.

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. Eagle Materials's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.92.


Eagle Materials Inventory Turnover Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Eagle Materials Annual Data

Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 3.81 3.62 4.10 4.00

Eagle Materials Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Inventory Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.90 1.21 1.18 1.03 0.87

Eagle Materials Inventory Turnover Calculation

Eagle Materials's Inventory Turnover for the fiscal year that ended in Mar. 2019 is calculated as

Inventory Turnover (A: Mar. 2019 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Mar. 2019 ) / ((Total Inventories (A: Mar. 2018 ) + Total Inventories (A: Mar. 2019 )) / 2 )
=1066.673 / ((258.159 + 275.194) / 2 )
=1066.673 / 266.6765
=4.00

Eagle Materials's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover (Q: Mar. 2019 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Mar. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / 2 )
=228.119 / ((251.26 + 275.194) / 2 )
=228.119 / 263.227
=0.87

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Eagle Materials  (NYSE:EXP) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Eagle Materials's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory =Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=263.227/228.119*365 / 4
=105.29

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Eagle Materials's Days Sales of Inventory for the three months ended in Mar. 2019 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Mar. 2019 )/Revenue (Q: Mar. 2019 )*Days in Period
=263.227/284.701*365 / 4
=84.37

3. 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.

Eagle Materials's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=263.227 / 284.701
=0.92

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Eagle Materials Inventory Turnover Explanation


Eagle Materials Inventory Turnover Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK