Grino Ecologic (XMAD:GRI) Days Inventory: 6.77 (As of Dec. 2024)


XMAD:GRI Grino Ecologic XMAD:GRI
69 GF Score
Price €1.34
View Full Analysis

What is Grino Ecologic Days Inventory?

Grino Ecologic XMAD:GRI 69 Days Inventory is 6.77 as of Dec. 2024. GuruFocus rates XMAD:GRI with a GF Score™ of 69/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Grino Ecologic's Average Total Inventories for the six months ended in Dec. 2024 was €0.60 Mil. Grino Ecologic's Cost of Goods Sold for the six months ended in Dec. 2024 was €16.20 Mil. Hence, Grino Ecologic's Days Inventory for the six months ended in Dec. 2024 was 6.77.

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

XMAD:GRI's Days Inventory is not ranked *
in the Waste Management industry.
Industry Median: 28.535
* Ranked among companies with meaningful Days Inventory only.

Grino Ecologic's Days Inventory increased from Dec. 2023 (6.65) to Dec. 2024 (6.77). It might indicate that Grino Ecologic's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grino Ecologic's Inventory Turnover for the six months ended in Dec. 2024 was 26.96.

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. Grino Ecologic's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.02.


Grino Ecologic  (XMAD:GRI) 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.

Grino Ecologic's Inventory Turnover for the six months ended in Dec. 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.

Grino Ecologic's Inventory to Revenue for the six months ended in Dec. 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.


Grino Ecologic Days Inventory Related Terms


Grino Ecologic Days Inventory Historical Data

* Premium members only.

The historical data trend for Grino Ecologic'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.

Grino Ecologic Days Inventory Chart

Grino Ecologic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.40 11.06 8.31 5.84 6.71

Grino Ecologic Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 6.20 6.84 6.65 5.44 6.77

XMAD:GRI vs WM, RSG, WCN: Days Inventory Comparison

For the Waste Management subindustry, Grino Ecologic'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.


Grino Ecologic Days Inventory vs Waste Management Industry

For the Waste Management industry and Industrials sector, Grino Ecologic's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grino Ecologic's Days Inventory falls into.


XMAD:GRI
69GF Score
Grino Ecologic XMAD:GRI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grino Ecologic Days Inventory Calculation

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

Grino Ecologic'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
=( (0.462 + 0.717) / 2 ) / 32.089*365
=0.5895 / 32.089*365
=6.71

Grino Ecologic'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: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.485 + 0.717) / 2 ) / 16.204*365 / 2
=0.601 / 16.204*365 / 2
=6.77

* 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 6.77 mean?
Grino Ecologic (XMAD:GRI) has a Days Inventory of 6.77 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Grino Ecologic and its competitors.
Is Grino Ecologic's Days Inventory too high?
Grino Ecologic's current Days Inventory is 6.77. The Waste Management industry median Days Inventory is 28.54. Grino Ecologic's value of 6.77 is 76.3% below this industry median. Overall, Grino Ecologic has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Grino Ecologic's Days Inventory compare to WM and RSG?
Grino Ecologic's Days Inventory of 6.77 can be compared against companies in the Waste Management industry. The industry median Days Inventory is 28.54. Grino Ecologic's value of 6.77 is 76.3% below 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 a Waste Management company?
The median Days Inventory among Waste Management companies is 28.54, based on 214 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. Grino Ecologic's current Days Inventory of 6.77 is 76.3% below 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 Grino Ecologic and its competitors. For the Waste Management industry, the median Days Inventory is 28.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grino Ecologic's current Days Inventory is 6.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grino Ecologic stock overvalued right now?
Grino Ecologic (XMAD:GRI) has a current Days Inventory of 6.77. The current Days Inventory is 6.77 and 76.3% below the Waste Management industry median of 28.54. Grino Ecologic's overall GF Score™ is 69/100. 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 Grino Ecologic (XMAD:GRI), the current Days Inventory is 6.77 as of Dec. 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.

Grino Ecologic Business Description

Address Placa Sant Joan 10, 6th Floor, Lleida, ESP, 25007
Grino Ecologic is a group of industrial companies which focuses on environmental services and green energy generation. The company operates in environmental services, waste treatment, energy, and construction.
69GF Score

Get the complete analysis for XMAD:GRI

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.34
Price