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ELQ Spolka Akcyjna (WAR:ELQ) Days Inventory : 342.96 (As of Mar. 2024)


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What is ELQ Spolka Akcyjna Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ELQ Spolka Akcyjna's Average Total Inventories for the three months ended in Mar. 2024 was zł32.23 Mil. ELQ Spolka Akcyjna's Cost of Goods Sold for the three months ended in Mar. 2024 was zł8.58 Mil. Hence, ELQ Spolka Akcyjna's Days Inventory for the three months ended in Mar. 2024 was 342.96.

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

WAR:ELQ' s Days Inventory Range Over the Past 10 Years
Min: 83.64   Med: 129.6   Max: 282.39
Current: 282.39

During the past 13 years, ELQ Spolka Akcyjna's highest Days Inventory was 282.39. The lowest was 83.64. And the median was 129.60.

WAR:ELQ's Days Inventory is ranked worse than
87.98% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs WAR:ELQ: 282.39

ELQ Spolka Akcyjna's Days Inventory increased from Dec. 2022 (160.79) to Mar. 2024 (342.96). It might indicate that ELQ Spolka Akcyjna'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. ELQ Spolka Akcyjna's Inventory Turnover for the three months ended in Mar. 2024 was 0.27.

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. ELQ Spolka Akcyjna's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.05.


ELQ Spolka Akcyjna Days Inventory Historical Data

The historical data trend for ELQ Spolka Akcyjna'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.

ELQ Spolka Akcyjna Days Inventory Chart

ELQ Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.64 98.50 189.42 114.15 182.99

ELQ Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 160.79 425.76 127.71 278.55 342.96

Competitive Comparison of ELQ Spolka Akcyjna's Days Inventory

For the Electrical Equipment & Parts subindustry, ELQ Spolka Akcyjna'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.


ELQ Spolka Akcyjna's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where ELQ Spolka Akcyjna's Days Inventory falls into.



ELQ Spolka Akcyjna Days Inventory Calculation

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

ELQ Spolka Akcyjna's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.317 + 16.405) / 2 ) / 17.675*365
=8.861 / 17.675*365
=182.99

ELQ Spolka Akcyjna's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (33.069 + 31.388) / 2 ) / 8.575*365 / 4
=32.2285 / 8.575*365 / 4
=342.96

* 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.


ELQ Spolka Akcyjna  (WAR:ELQ) 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.

ELQ Spolka Akcyjna's Inventory Turnover for the three 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.

ELQ Spolka Akcyjna's Inventory to Revenue for the three 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.


ELQ Spolka Akcyjna Days Inventory Related Terms

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


ELQ Spolka Akcyjna (WAR:ELQ) Business Description

Traded in Other Exchanges
Address
ulica Jagiellonska 81/83, Czestochowa, POL, 42-200
ELQ Spolka Akcyjna manufactures prefabricated transformer stations MV / LV Cabinet of concrete and metal. The company supplies, installs and commissions power devices in the area of the secondary distribution of electricity. Its products include SN switchboard Ma20, ELQUSIM station 20/630 Mkb, SOLAR station IG 20/1000, station SOLAR IP 20/630 and station 20/250.

ELQ Spolka Akcyjna (WAR:ELQ) Headlines

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