GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electro Aco Altona SA (BSP:EALT3) » Definitions » Days Inventory

Electro Aco Altona (BSP:EALT3) Days Inventory : 85.03 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Electro Aco Altona Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Electro Aco Altona's Average Total Inventories for the three months ended in Mar. 2024 was R$84.5 Mil. Electro Aco Altona's Cost of Goods Sold for the three months ended in Mar. 2024 was R$90.7 Mil. Hence, Electro Aco Altona's Days Inventory for the three months ended in Mar. 2024 was 85.03.

The historical rank and industry rank for Electro Aco Altona's Days Inventory or its related term are showing as below:

BSP:EALT3' s Days Inventory Range Over the Past 10 Years
Min: 59.36   Med: 74.39   Max: 114.8
Current: 74.66

During the past 13 years, Electro Aco Altona's highest Days Inventory was 114.80. The lowest was 59.36. And the median was 74.39.

BSP:EALT3's Days Inventory is ranked better than
76.55% of 2912 companies
in the Industrial Products industry
Industry Median: 121.305 vs BSP:EALT3: 74.66

Electro Aco Altona's Days Inventory increased from Mar. 2023 (78.92) to Mar. 2024 (85.03). It might indicate that Electro Aco Altona's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Electro Aco Altona's Inventory Turnover for the three months ended in Mar. 2024 was 1.07.

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. Electro Aco Altona's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Electro Aco Altona Days Inventory Historical Data

The historical data trend for Electro Aco Altona'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.

Electro Aco Altona Days Inventory Chart

Electro Aco Altona Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.36 69.92 62.20 63.65 73.49

Electro Aco Altona 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 78.92 72.74 68.75 72.18 85.03

Competitive Comparison of Electro Aco Altona's Days Inventory

For the Metal Fabrication subindustry, Electro Aco Altona'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.


Electro Aco Altona's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electro Aco Altona's Days Inventory distribution charts can be found below:

* The bar in red indicates where Electro Aco Altona's Days Inventory falls into.



Electro Aco Altona Days Inventory Calculation

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

Electro Aco Altona's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (70.752 + 81.374) / 2 ) / 377.768*365
=76.063 / 377.768*365
=73.49

Electro Aco Altona'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
=( (81.374 + 87.589) / 2 ) / 90.659*365 / 4
=84.4815 / 90.659*365 / 4
=85.03

* 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.


Electro Aco Altona  (BSP:EALT3) 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.

Electro Aco Altona'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.

Electro Aco Altona'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.


Electro Aco Altona Days Inventory Related Terms

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


Electro Aco Altona (BSP:EALT3) Business Description

Traded in Other Exchanges
Address
Engenheiro Paulo Werner Street, 925, Blumenau, SC, BRA, 89030900
Electro Aco Altona SA manufactures steel based machinery & equipment. Its product portfolio comprises of carbon steel, high & low alloy steel, manganese steel & heat resistant steel castings. It caters to industries like earthmoving & mining.The company divides its business into two sectors: Repetitive and Custom. The Repetitive sector is responsible for series production of items for self-propelled equipment assemblers, including customers active in the segment of construction and mining machinery. The Custom sector produces customized parts and assemblies.

Electro Aco Altona (BSP:EALT3) Headlines

No Headlines