Ecnology Group (WAR:ECN) Days Inventory : 35.39 (As of Dec. 2024)

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What is Ecnology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ecnology Group's Average Total Inventories for the three months ended in Dec. 2024 was zł0.10 Mil. Ecnology Group's Cost of Goods Sold for the three months ended in Dec. 2024 was zł0.25 Mil. Hence, Ecnology Group's Days Inventory for the three months ended in Dec. 2024 was 35.39.

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

WAR:ECN' s Days Inventory Range Over the Past 10 Years
Min: 2.57 Med: 8.12 Max: 48.99
Current: 19.68

During the past 13 years, Ecnology Group's highest Days Inventory was 48.99. The lowest was 2.57. And the median was 8.12.

WAR:ECN's Days Inventory is ranked better than
95.77% of 2387 companies
in the Hardware industry
Industry Median: 96.48 vs WAR:ECN: 19.68

Ecnology Group's Days Inventory increased from Dec. 2023 (27.20) to Dec. 2024 (35.39). It might indicate that Ecnology Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecnology Group's Inventory Turnover for the three months ended in Dec. 2024 was 2.58.

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. Ecnology Group's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.26.

Ecnology Group Days Inventory Historical Data

The historical data trend for Ecnology 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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Ecnology Group Days Inventory Chart

Ecnology Group Annual Data

Trend

Dec15

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Dec24

Days Inventory

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48.99

12.00

Ecnology Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															27.20	6.70	670.34	29.66	35.39

Competitive Comparison of Ecnology Group's Days Inventory

For the Electronic Components subindustry, Ecnology 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.

Ecnology Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ecnology Group's Days Inventory distribution charts can be found below:

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

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Ecnology Group Days Inventory Calculation

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

Ecnology Group's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.051	+	0.125)	/	2 )	/	2.676	*	365
=	0.088					/	2.676	*	365
=	12.00

Ecnology Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.072	+	0.125)	/	2 )	/	0.254	*	365 / 4
=	0.0985					/	0.254	*	365 / 4
=	35.39

Ecnology Group (WAR:ECN) 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.

Ecnology Group's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.254	/	0.0985
	=	2.58

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.

Ecnology Group's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0985	/	0.384
	=	0.26

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.

Ecnology Group Days Inventory Related Terms

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

Ecnology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ecnology Group SA (WAR:ECN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Akademijna 27, Jablonna, POL, 05-110

Website

https://www.ecnologygroup.pl

Ecnology Group SA is a technology company from the energy sector, part of a production and distribution group that has its own patented, technological solutions. It is the exclusive distributor of Smart Optimizer ECOD and Watt Optimizer Analytics devices in Poland. Its product includes Smart Optimizer ECOD.

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