Eon Electric (NSE:EON) Days Inventory: 387.82 (As of Dec. 2019)

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NSE:EON Eon Electric Ltd NSE:EON
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What is Eon Electric Days Inventory?

Eon Electric NSE:EON 4 Days Inventory is 387.82 as of Dec. 2019. GuruFocus rates NSE:EON with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Eon Electric's Average Total Inventories for the three months ended in Dec. 2019 was ₹360.7 Mil. Eon Electric's Cost of Goods Sold for the three months ended in Dec. 2019 was ₹84.9 Mil. Hence, Eon Electric's Days Inventory for the three months ended in Dec. 2019 was 387.82.

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

NSE:EON's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.55
* Ranked among companies with meaningful Days Inventory only.

Eon Electric's Days Inventory increased from Dec. 2018 (0.00) to Dec. 2019 (387.82). It might indicate that Eon Electric's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eon Electric's Inventory Turnover for the three months ended in Dec. 2019 was 0.24.

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. Eon Electric's Inventory-to-Revenue for the three months ended in Dec. 2019 was 19.26.


Eon Electric  (NSE:EON) 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.

Eon Electric's Inventory Turnover for the three months ended in Dec. 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.

Eon Electric's Inventory to Revenue for the three months ended in Dec. 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.


Eon Electric Days Inventory Related Terms


Eon Electric Days Inventory Historical Data

* Premium members only.

The historical data trend for Eon Electric'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.

Eon Electric Days Inventory Chart

Eon Electric Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.40 103.90 101.58 133.37 240.35

Eon Electric Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.00 225.25 797.43 638.34 387.82

NSE:EON vs HON, MMM, GE: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Eon Electric'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.


Eon Electric Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eon Electric's Days Inventory distribution charts can be found below:

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


NSE:EON
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Eon Electric Ltd NSE:EON
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Eon Electric Days Inventory Calculation

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

Eon Electric's Days Inventory for the fiscal year that ended in Mar. 2019 is calculated as

Days Inventory (A: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2018 ) + Total Inventories (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (420.87 + 443.491) / 2 ) / 656.33*365
=432.1805 / 656.33*365
=240.35

Eon Electric's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

Days Inventory (Q: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (360.722 + 0) / 1 ) / 84.874*365 / 4
=360.722 / 84.874*365 / 4
=387.82

* 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 387.82 mean?
Eon Electric (NSE:EON) has a Days Inventory of 387.82 as of Dec. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Eon Electric and its competitors.
Is Eon Electric's Days Inventory too high?
Eon Electric's current Days Inventory is 387.82. The Industrial Products industry median Days Inventory is 119.55. Eon Electric's value of 387.82 is 224.4% above this industry median. Overall, Eon Electric has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Eon Electric's Days Inventory compare to HON and MMM?
Eon Electric's Days Inventory of 387.82 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.55. Eon Electric's value of 387.82 is 224.4% 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 Products company?
The median Days Inventory among Industrial Products companies is 119.55, based on 2,971 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. Eon Electric's current Days Inventory of 387.82 is 224.4% 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 Eon Electric and its competitors. For the Industrial Products industry, the median Days Inventory is 119.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eon Electric's current Days Inventory is 387.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eon Electric stock overvalued right now?
Eon Electric (NSE:EON) has a current Days Inventory of 387.82. The current Days Inventory is 387.82 and 224.4% above the Industrial Products industry median of 119.55. Eon Electric's overall GF Score™ is 4/100. 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 Eon Electric (NSE:EON), the current Days Inventory is 387.82 as of Dec. 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.

Eon Electric Business Description

Address Hosiery Complex, C-81, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Eon Electric Ltd manufactures electrical switchgear, lighting equipment, and cables. It engages in the manufacturing and marketing of wires and cables, lighting products and LED Lights. It operates its business through the following segments: Cable and Wires, Lighting, Electrical Consumer Durables, and Others. The Cable and Wires segment includes wires and cables. The Lighting segment includes compact fluorescent lamps, fluorescent tube lights, and luminaires etc. The Electrical Consumer Durables segment includes Fans, Water Heaters etc. The Others segment includes modular switches, wiring accessories, home automation, fans, lithium-ion batteries, mobile phone accessories. Its Lighting segment acts as a core revenue driver for the firm.
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