GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecoboard Industries Ltd (BOM:523732) » Definitions » Days Inventory

Ecoboard Industries (BOM:523732) Days Inventory : 242.26 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Ecoboard Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ecoboard Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹139.0 Mil. Ecoboard Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹52.3 Mil. Hence, Ecoboard Industries's Days Inventory for the three months ended in Mar. 2024 was 242.26.

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

BOM:523732' s Days Inventory Range Over the Past 10 Years
Min: 240.56   Med: 396.83   Max: 682.61
Current: 279.54

During the past 13 years, Ecoboard Industries's highest Days Inventory was 682.61. The lowest was 240.56. And the median was 396.83.

BOM:523732's Days Inventory is ranked worse than
90.65% of 278 companies
in the Forest Products industry
Industry Median: 90.005 vs BOM:523732: 279.54

Ecoboard Industries's Days Inventory declined from Mar. 2023 (322.59) to Mar. 2024 (242.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecoboard Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.38.

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. Ecoboard Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.29.


Ecoboard Industries Days Inventory Historical Data

The historical data trend for Ecoboard Industries'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.

Ecoboard Industries Days Inventory Chart

Ecoboard Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 682.61 511.80 240.56 323.15 293.63

Ecoboard Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 322.59 474.67 225.69 224.99 242.26

Competitive Comparison of Ecoboard Industries's Days Inventory

For the Lumber & Wood Production subindustry, Ecoboard Industries'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.


Ecoboard Industries's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecoboard Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ecoboard Industries's Days Inventory falls into.



Ecoboard Industries Days Inventory Calculation

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

Ecoboard Industries's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (171.079 + 138.967) / 2 ) / 192.702*365
=155.023 / 192.702*365
=293.63

Ecoboard Industries'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 138.967) / 1 ) / 52.343*365 / 4
=138.967 / 52.343*365 / 4
=242.26

* 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.


Ecoboard Industries  (BOM:523732) 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.

Ecoboard Industries'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.

Ecoboard Industries'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.


Ecoboard Industries Days Inventory Related Terms

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


Ecoboard Industries (BOM:523732) Business Description

Traded in Other Exchanges
N/A
Address
Off Karve Road, 65/1A, Ecohouse, Akarshak Building, Opposite Nal Stop, Pune, MH, IND, 411004
Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is marketed under the brand name FORSTER which includes sustainable building materials and products, internal walls, internal ceiling, doors, structural flooring, shelves, etc. EcoEnergy includes energy from Industrial and agro-waste, wastewater treatment plants distilleries using sustainable technologies, and other industries. It operates mainly in two segments: Particle Boards and BioSystems. The Majority of its revenue is generated from the Particle Board segment.

Ecoboard Industries (BOM:523732) Headlines

No Headlines