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EKI Energy Services (BOM:543284) Days Inventory : 144.80 (As of Mar. 2024)


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What is EKI Energy Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EKI Energy Services's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,381 Mil. EKI Energy Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹870 Mil. Hence, EKI Energy Services's Days Inventory for the three months ended in Mar. 2024 was 144.80.

The historical rank and industry rank for EKI Energy Services's Days Inventory or its related term are showing as below:

BOM:543284' s Days Inventory Range Over the Past 10 Years
Min: 62.89   Med: 103.03   Max: 275.14
Current: 271.74

During the past 7 years, EKI Energy Services's highest Days Inventory was 275.14. The lowest was 62.89. And the median was 103.03.

BOM:543284's Days Inventory is ranked worse than
93.69% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs BOM:543284: 271.74

EKI Energy Services's Days Inventory declined from Mar. 2023 (211.02) to Mar. 2024 (144.80).

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. EKI Energy Services's Inventory Turnover for the three months ended in Mar. 2024 was 0.63.

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. EKI Energy Services's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.77.


EKI Energy Services Days Inventory Historical Data

The historical data trend for EKI Energy Services'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.

EKI Energy Services Days Inventory Chart

EKI Energy Services Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial - - 62.89 103.03 275.14

EKI Energy Services Quarterly Data
Mar18 Mar19 Mar20 Sep20 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 211.02 435.25 198.57 418.89 144.80

Competitive Comparison of EKI Energy Services's Days Inventory

For the Consulting Services subindustry, EKI Energy Services'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.


EKI Energy Services's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, EKI Energy Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where EKI Energy Services's Days Inventory falls into.



EKI Energy Services Days Inventory Calculation

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

EKI Energy Services'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
=( (3173.083 + 1381.171) / 2 ) / 3020.795*365
=2277.127 / 3020.795*365
=275.14

EKI Energy Services'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 + 1381.171) / 1 ) / 870.36*365 / 4
=1381.171 / 870.36*365 / 4
=144.80

* 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.


EKI Energy Services  (BOM:543284) 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.

EKI Energy Services'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.

EKI Energy Services'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.


EKI Energy Services Days Inventory Related Terms

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


EKI Energy Services (BOM:543284) Business Description

Traded in Other Exchanges
N/A
Address
903, B-1 9th Floor, NRK Business Park, Scheme 54 PU4, Indore, MP, IND, 452010
EKI Energy Services Ltd is engaged in the business of carbon credits trading, Business excellence advisory services and training services, and Electrical Safety Audits. The company offer services to various clients in the government and private sectors like power generation, waste management, clean development mechanism, airports and many more industries. The company has two reportable segments which are Trading & Other Segment: where the carbon credits are purchased from various vendors and are sold to customers as well as manufacturing and allied activities are undertaken and Generation Segment: where the carbon credits are issued from the projects implemented, developed and owned by the company.

EKI Energy Services (BOM:543284) Headlines

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