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Enviro Energy International Holdings (Enviro Energy International Holdings) Days Inventory : 12.95 (As of Dec. 2023)


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What is Enviro Energy International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Enviro Energy International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $2.44 Mil. Enviro Energy International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $34.33 Mil. Hence, Enviro Energy International Holdings's Days Inventory for the six months ended in Dec. 2023 was 12.95.

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

EIHLF' s Days Inventory Range Over the Past 10 Years
Min: 0.05   Med: 23.45   Max: 3229.46
Current: 14.48

During the past 13 years, Enviro Energy International Holdings's highest Days Inventory was 3229.46. The lowest was 0.05. And the median was 23.45.

EIHLF's Days Inventory is ranked better than
94.85% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs EIHLF: 14.48

Enviro Energy International Holdings's Days Inventory declined from Dec. 2022 (14.60) to Dec. 2023 (12.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Enviro Energy International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 14.10.

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. Enviro Energy International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.


Enviro Energy International Holdings Days Inventory Historical Data

The historical data trend for Enviro Energy 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.

Enviro Energy International Holdings Days Inventory Chart

Enviro Energy International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 29.20 13.59

Enviro Energy International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 27.35 - 14.60 17.34 12.95

Competitive Comparison of Enviro Energy International Holdings's Days Inventory

For the Building Materials subindustry, Enviro Energy 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.


Enviro Energy International Holdings's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Enviro Energy International Holdings's Days Inventory distribution charts can be found below:

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



Enviro Energy International Holdings Days Inventory Calculation

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

Enviro Energy International Holdings'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
=( (2.598 + 2.078) / 2 ) / 62.775*365
=2.338 / 62.775*365
=13.59

Enviro Energy International Holdings'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.793 + 2.078) / 2 ) / 34.329*365 / 2
=2.4355 / 34.329*365 / 2
=12.95

* 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.


Enviro Energy International Holdings  (OTCPK:EIHLF) 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.

Enviro Energy International Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.

Enviro Energy International Holdings's Inventory to Revenue for the six months ended in Dec. 2023 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.


Enviro Energy International Holdings Days Inventory Related Terms

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


Enviro Energy International Holdings (Enviro Energy International Holdings) Business Description

Traded in Other Exchanges
Address
No. 9 Des Voeux Road West, 20 Floor, Sheung Wan, Hong Kong, HKG
Enviro Energy International Holdings Ltd is an investment holding company engaged in the sales of materials business and property investment in Hong Kong and the People's Republic of China. It has two operating segments; the Sale of materials business segment and Properties investment segment. Its Sale of materials business segment generates the majority of its revenue. Geographically, it derives a majority of its revenue from the People's Republic of China.

Enviro Energy International Holdings (Enviro Energy International Holdings) Headlines

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