Eco Animal Health Group (LSE:EAH) Days Inventory : 169.89 (As of Sep. 2023)

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What is Eco Animal Health Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eco Animal Health Group's Average Total Inventories for the six months ended in Sep. 2023 was £20.95 Mil. Eco Animal Health Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £22.51 Mil. Hence, Eco Animal Health Group's Days Inventory for the six months ended in Sep. 2023 was 169.89.

The historical rank and industry rank for Eco Animal Health Group's Days Inventory or its related term are showing as below:

LSE:EAH' s Days Inventory Range Over the Past 10 Years
Min: 130.4 Med: 187.02 Max: 206.94
Current: 180.54

During the past 13 years, Eco Animal Health Group's highest Days Inventory was 206.94. The lowest was 130.40. And the median was 187.02.

LSE:EAH's Days Inventory is ranked worse than
58.95% of 972 companies
in the Drug Manufacturers industry
Industry Median: 158.44 vs LSE:EAH: 180.54

Eco Animal Health Group's Days Inventory declined from Sep. 2022 (301.54) to Sep. 2023 (169.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Eco Animal Health Group's Inventory Turnover for the six months ended in Sep. 2023 was 1.07.

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. Eco Animal Health Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.55.

Eco Animal Health Group Days Inventory Historical Data

The historical data trend for Eco Animal Health Group'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.

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Eco Animal Health Group Days Inventory Chart

Eco Animal Health Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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196.31

173.07

130.40

196.41

204.34

Eco Animal Health Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															201.00	200.90	301.54	180.92	169.89

Competitive Comparison of Eco Animal Health Group's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Eco Animal Health Group'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.

Eco Animal Health Group's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eco Animal Health Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eco Animal Health Group's Days Inventory falls into.

Eco Animal Health Group Days Inventory Calculation

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

Eco Animal Health Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (30.142	+	22.409)	/	2 )	/	46.935	*	365
=	26.2755					/	46.935	*	365
=	204.34

Eco Animal Health Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (22.409	+	19.497)	/	2 )	/	22.508	*	365 / 2
=	20.953					/	22.508	*	365 / 2
=	169.89

Eco Animal Health Group (LSE:EAH) 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.

Eco Animal Health Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.508	/	20.953
	=	1.07

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.

Eco Animal Health Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.953	/	38.009
	=	0.55

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.

Eco Animal Health Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Eco Animal Health Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Eco Animal Health Group (LSE:EAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eco Animal Health Group PLC (LSE:EAH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Coombe Road, New Malden, London, Surrey, GBR, KT3 4QS

Website

https://www.ecoanimalhealthgroupplc.com

Eco Animal Health Group PLC is engaged in the manufacture and marketing of animal health products. The company's product portfolio includes Aivlosin - macrolide antibiotic for the treatment of respiratory and enteric diseases in pigs and poultry; Ecomectin, Eco heart, Ecotraz, and Ecomintic for treatment and prevention of parasites in cattle, sheep, pigs, horses, and dogs; and Chlortetracycline and Oxytetracycline for treatment of bacterial infections in pigs, poultry and cattle. The geographical segments of the company include Corporate/UK, China & Japan, North America, South & South East Asia, Latin America, Europe, and the Rest of the World.

Eco Animal Health Group (LSE:EAH) Headlines

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