GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ECN Capital Corp (TSX:ECN.PR.A.PFD) » Definitions » Days Inventory

ECN Capital (TSX:ECN.PR.A.PFD) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is ECN Capital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ECN Capital's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. ECN Capital's Cost of Goods Sold for the three months ended in Dec. 2023 was C$48.78 Mil. Hence, ECN Capital's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 11 years, ECN Capital's highest Days Inventory was 1055.99. The lowest was 25.83. And the median was 109.18.

TSX:ECN.PR.A.PFD's Days Inventory is not ranked *
in the Banks industry.
Industry Median: 20.295
* Ranked among companies with meaningful Days Inventory only.

ECN Capital's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. ECN Capital's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


ECN Capital Days Inventory Historical Data

The historical data trend for ECN Capital'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.

ECN Capital Days Inventory Chart

ECN Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.24 128.12 42.79 25.83 -

ECN Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of ECN Capital's Days Inventory

For the Mortgage Finance subindustry, ECN Capital'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.


ECN Capital's Days Inventory Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ECN Capital's Days Inventory distribution charts can be found below:

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



ECN Capital Days Inventory Calculation

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

ECN Capital's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 190.774*365
=0 / 190.774*365
=0.00

ECN Capital's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 48.782*365 / 4
=0 / 48.782*365 / 4
=0.00

* 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.


ECN Capital  (TSX:ECN.PR.A.PFD) 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.

ECN Capital's Inventory Turnover for the three months ended in Dec. 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.

ECN Capital's Inventory to Revenue for the three months ended in Dec. 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.


ECN Capital Days Inventory Related Terms

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


ECN Capital (TSX:ECN.PR.A.PFD) Business Description

Address
161 Bay Street, Suite 2800, Toronto, ON, CAN, M5J2S1
ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance.

ECN Capital (TSX:ECN.PR.A.PFD) Headlines

No Headlines