ESTRF (Estre Ambiental) Days Inventory: 3.91 (As of Jun. 2019)

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What is Estre Ambiental Days Inventory?

Estre Ambiental ESTRF -90.00% Days Inventory is 3.91 as of Jun. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Estre Ambiental's Average Total Inventories for the six months ended in Jun. 2019 was $2.2 Mil. Estre Ambiental's Cost of Goods Sold for the six months ended in Jun. 2019 was $103.5 Mil. Hence, Estre Ambiental's Days Inventory for the six months ended in Jun. 2019 was 3.91.

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

ESTRF's Days Inventory is not ranked *
in the Waste Management industry.
Industry Median: 27.78
* Ranked among companies with meaningful Days Inventory only.

Estre Ambiental's Days Inventory declined from Jun. 2018 (4.67) to Jun. 2019 (3.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Estre Ambiental's Inventory Turnover for the six months ended in Jun. 2019 was 46.68.

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. Estre Ambiental's Inventory-to-Revenue for the six months ended in Jun. 2019 was 0.02.


Estre Ambiental  (OTCPK:ESTRF) 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.

Estre Ambiental's Inventory Turnover for the six months ended in Jun. 2019 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.

Estre Ambiental's Inventory to Revenue for the six months ended in Jun. 2019 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.


Estre Ambiental Days Inventory Related Terms


Estre Ambiental Days Inventory Historical Data

* Premium members only.

The historical data trend for Estre Ambiental'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.

Estre Ambiental Days Inventory Chart

Estre Ambiental Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Days Inventory
0.00 0.00 4.40 4.10

Estre Ambiental Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Days Inventory Get a 7-Day Free Trial 0.00 4.47 4.67 4.02 3.91

ESTRF vs OCLN, HDII, CWSS: Days Inventory Comparison

For the Waste Management subindustry, Estre Ambiental'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.


Estre Ambiental Days Inventory vs Waste Management Industry

For the Waste Management industry and Industrials sector, Estre Ambiental's Days Inventory distribution charts can be found below:

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



Estre Ambiental Days Inventory Calculation

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

Estre Ambiental's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (3.449 + 2.217) / 2 ) / 252.146*365
=2.833 / 252.146*365
=4.10

Estre Ambiental's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (2.217 + 0) / 1 ) / 103.484*365 / 2
=2.217 / 103.484*365 / 2
=3.91

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 3.91 mean?
Estre Ambiental (ESTRF) has a Days Inventory of 3.91 as of Jun. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Estre Ambiental and its competitors.
Is Estre Ambiental's Days Inventory too high?
Estre Ambiental's current Days Inventory is 3.91. The Waste Management industry median Days Inventory is 27.78. Estre Ambiental's value of 3.91 is 85.9% below this industry median.
How does Estre Ambiental's Days Inventory compare to OCLN and HDII?
Estre Ambiental's Days Inventory of 3.91 can be compared against companies in the Waste Management industry. The industry median Days Inventory is 27.78. Estre Ambiental's value of 3.91 is 85.9% 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 Waste Management company?
The median Days Inventory among Waste Management companies is 27.78, based on 211 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. Estre Ambiental's current Days Inventory of 3.91 is 85.9% 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 Estre Ambiental and its competitors. For the Waste Management industry, the median Days Inventory is 27.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estre Ambiental's current Days Inventory is 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estre Ambiental stock overvalued right now?
Estre Ambiental (ESTRF) has a current Days Inventory of 3.91. The current Days Inventory is 3.91 and 85.9% below the Waste Management industry median of 27.78. 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 Estre Ambiental (ESTRF), the current Days Inventory is 3.91 as of Jun. 2019. 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.

Estre Ambiental Business Description

Address 4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133
Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.