Days Inventory is also known as Days Sales of Inventory (DSI). Ecomax's Average Total Inventories for the
three
months ended in Mar. 2024 was $0.04 Mil. Ecomax's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $0.08 Mil.
Hence, Ecomax's Days Inventory for the
three
months ended in Mar. 2024 was 50.13.
The historical rank and industry rank for Ecomax's Days Inventory or its related term are showing as below:
EMAX's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 70.815 * Ranked among companies with meaningful Days Inventory only.
Ecomax's Days Inventory
declined
from Mar. 2023 (71.97) to Mar. 2024 (50.13).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ecomax's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.82.
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.
Ecomax's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.41.
Ecomax (OTCPK:EMAX) 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.
Ecomax's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Ecomax's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Ecomax Days Inventory Related Terms
Ecomax Days Inventory Historical Data
* Premium members only.
The historical data trend for Ecomax'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.
EMAX vs MTLK, NIMU, KATX: Days Inventory Comparison
For the Shell Companies subindustry, Ecomax'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.
Ecomax Days Inventory vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Ecomax's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ecomax's Days Inventory falls into.
* 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.
Ecomax (EMAX) has a Days Inventory of 50.13 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ecomax and its competitors.
Is Ecomax's Days Inventory too high?
Ecomax's current Days Inventory is 50.13. The Diversified Financial Services industry median Days Inventory is 70.82. Ecomax's value of 50.13 is 29.2% below this industry median. Overall, Ecomax has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Ecomax's Days Inventory compare to MTLK and NIMU?
Ecomax's Days Inventory of 50.13 can be compared against companies in the Diversified Financial Services industry. The industry median Days Inventory is 70.82. Ecomax's value of 50.13 is 29.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Diversified Financial Services company?
The median Days Inventory among Diversified Financial Services companies is 70.82, based on 42 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ecomax's current Days Inventory of 50.13 is 29.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ecomax and its competitors. For the Diversified Financial Services industry, the median Days Inventory is 70.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecomax's current Days Inventory is 50.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecomax stock overvalued right now?
Ecomax (EMAX) has a current Days Inventory of 50.13. The current Days Inventory is 50.13 and 29.2% below the Diversified Financial Services industry median of 70.82. Ecomax's overall GF Score™ is 7/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Ecomax (EMAX), the current Days Inventory is 50.13 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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