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Eckoh (LSE:ECK) Days Inventory : 13.32 (As of Sep. 2023)


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What is Eckoh Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eckoh's Average Total Inventories for the six months ended in Sep. 2023 was £0.24 Mil. Eckoh's Cost of Goods Sold for the six months ended in Sep. 2023 was £3.27 Mil. Hence, Eckoh's Days Inventory for the six months ended in Sep. 2023 was 13.32.

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

LSE:ECK' s Days Inventory Range Over the Past 10 Years
Min: 9.94   Med: 17.63   Max: 69.99
Current: 13.84

During the past 13 years, Eckoh's highest Days Inventory was 69.99. The lowest was 9.94. And the median was 17.63.

LSE:ECK's Days Inventory is ranked better than
55.82% of 1564 companies
in the Software industry
Industry Median: 19.675 vs LSE:ECK: 13.84

Eckoh's Days Inventory increased from Sep. 2022 (12.66) to Sep. 2023 (13.32). It might indicate that Eckoh's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eckoh's Inventory Turnover for the six months ended in Sep. 2023 was 13.70.

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. Eckoh's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.01.


Eckoh Days Inventory Historical Data

The historical data trend for Eckoh'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.

Eckoh Days Inventory Chart

Eckoh Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.75 20.50 14.10 12.69 12.57

Eckoh 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 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 12.42 12.75 12.66 14.24 13.32

Competitive Comparison of Eckoh's Days Inventory

For the Information Technology Services subindustry, Eckoh'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.


Eckoh's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Eckoh's Days Inventory distribution charts can be found below:

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



Eckoh Days Inventory Calculation

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

Eckoh'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
=( (0.268 + 0.254) / 2 ) / 7.578*365
=0.261 / 7.578*365
=12.57

Eckoh'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
=( (0.254 + 0.223) / 2 ) / 3.268*365 / 2
=0.2385 / 3.268*365 / 2
=13.32

* 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.


Eckoh  (LSE:ECK) 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.

Eckoh's Inventory Turnover for the six months ended in Sep. 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.

Eckoh's Inventory to Revenue for the six months ended in Sep. 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.


Eckoh Days Inventory Related Terms

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


Eckoh (LSE:ECK) Business Description

Traded in Other Exchanges
Address
Telford House, Corner Hall, Hemel Hempstead, Hertfordshire, GBR, HP3 9HN
Eckoh PLC is a provider of customer engagement data security solutions. The company organizes its operations into business divisions: North America (NA), UK & Ireland (UK&I), and the Rest of the World (ROW). It generates maximum revenue from the UK & Ireland (UK&I) segment. The company's secure payment includes Securing Agent-Assisted Payments, Automated Payments, e-Wallet Payments, Web Chat Payments, and others. It also specializes in omnichannel engagement, PCI compliance, and contact center integration.

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