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East Coast Diversified (East Coast Diversified) Days Inventory : 350.44 (As of Sep. 2015)


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What is East Coast Diversified Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). East Coast Diversified's Average Total Inventories for the three months ended in Sep. 2015 was $0.18 Mil. East Coast Diversified's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.05 Mil. Hence, East Coast Diversified's Days Inventory for the three months ended in Sep. 2015 was 350.44.

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

ECDC's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.86
* Ranked among companies with meaningful Days Inventory only.

East Coast Diversified's Days Inventory declined from Sep. 2014 (977.96) to Sep. 2015 (350.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. East Coast Diversified's Inventory Turnover for the three months ended in Sep. 2015 was 0.26.

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. East Coast Diversified's Inventory-to-Revenue for the three months ended in Sep. 2015 was 2.54.


East Coast Diversified Days Inventory Historical Data

The historical data trend for East Coast Diversified'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.

East Coast Diversified Days Inventory Chart

East Coast Diversified Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 234.32 59.23 65.74 518.76 624.47

East Coast Diversified Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Days Inventory Get a 7-Day Free Trial 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 977.96 285.16 225.53 348.84 350.44

Competitive Comparison of East Coast Diversified's Days Inventory

For the Scientific & Technical Instruments subindustry, East Coast Diversified'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.


East Coast Diversified's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, East Coast Diversified's Days Inventory distribution charts can be found below:

* The bar in red indicates where East Coast Diversified's Days Inventory falls into.



East Coast Diversified Days Inventory Calculation

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

East Coast Diversified's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0.252 + 0.251) / 2 ) / 0.147*365
=0.2515 / 0.147*365
=624.47

East Coast Diversified's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (0.183 + 0.178) / 2 ) / 0.047*365 / 4
=0.1805 / 0.047*365 / 4
=350.44

* 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.


East Coast Diversified  (GREY:ECDC) 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.

East Coast Diversified's Inventory Turnover for the three months ended in Sep. 2015 is calculated as

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.

East Coast Diversified's Inventory to Revenue for the three months ended in Sep. 2015 is calculated as

* 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.


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.


East Coast Diversified Days Inventory Related Terms

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


East Coast Diversified (East Coast Diversified) Business Description

Traded in Other Exchanges
N/A
Address
East Coast Diversified Corp, through its subsidiaries, offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs.

East Coast Diversified (East Coast Diversified) Headlines

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