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The historical rank and industry rank for Eveready East Africa's Days Inventory or its related term are showing as below:
NAI:EVRD's Days Inventory is not ranked *
in the Industrial Distribution industry.
Industry Median: 91.35 * Ranked among companies with meaningful Days Inventory only.
Eveready East Africa's Days Inventory
declined
from Mar. 2023 (458.26) to Mar. 2024 (193.66).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Eveready East Africa's Inventory Turnover for the
six
months ended in Mar. 2024 was 0.94.
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.
Eveready East Africa's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.33.
Eveready East Africa (NAI:EVRD) 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.
Eveready East Africa's Inventory Turnover for the
six
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.
Eveready East Africa's Inventory to Revenue for the
six
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.
Eveready East Africa Days Inventory Related Terms
Eveready East Africa Days Inventory Historical Data
* Premium members only.
The historical data trend for Eveready East Africa'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.
NAI:EVRD vs GWW, FAST, FERG: Days Inventory Comparison
For the Industrial Distribution subindustry, Eveready East Africa'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.
Eveready East Africa Days Inventory vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Eveready East Africa's Days Inventory distribution charts can be found below:
* The bar in red indicates where Eveready East Africa'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.
Eveready East Africa (NAI:EVRD) has a Days Inventory of 193.66 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Eveready East Africa and its competitors.
Is Eveready East Africa's Days Inventory too high?
Eveready East Africa's current Days Inventory is 193.66. The Industrial Distribution industry median Days Inventory is 91.35. Eveready East Africa's value of 193.66 is 112% above this industry median. Overall, Eveready East Africa has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Eveready East Africa's Days Inventory compare to GWW and FAST?
Eveready East Africa's Days Inventory of 193.66 can be compared against companies in the Industrial Distribution industry. The industry median Days Inventory is 91.35. Eveready East Africa's value of 193.66 is 112% above 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 an Industrial Distribution company?
The median Days Inventory among Industrial Distribution companies is 91.35, based on 154 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. Eveready East Africa's current Days Inventory of 193.66 is 112% above 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 Eveready East Africa and its competitors. For the Industrial Distribution industry, the median Days Inventory is 91.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready East Africa's current Days Inventory is 193.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready East Africa stock overvalued right now?
Eveready East Africa (NAI:EVRD) has a current Days Inventory of 193.66. The current Days Inventory is 193.66 and 112% above the Industrial Distribution industry median of 91.35. Eveready East Africa's overall GF Score™ is 6/100. 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 Eveready East Africa (NAI:EVRD), the current Days Inventory is 193.66 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.
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises of free car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.
6GF Score
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