Eos Energy Enterprises (Eos Energy Enterprises) Days Inventory : 56.58 (As of Dec. 2023)

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What is Eos Energy Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eos Energy Enterprises's Average Total Inventories for the three months ended in Dec. 2023 was $18.82 Mil. Eos Energy Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was $30.35 Mil. Hence, Eos Energy Enterprises's Days Inventory for the three months ended in Dec. 2023 was 56.58.

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

EOSE' s Days Inventory Range Over the Past 10 Years
Min: 14.18 Med: 47.47 Max: 81.96
Current: 74.47

During the past 5 years, Eos Energy Enterprises's highest Days Inventory was 81.96. The lowest was 14.18. And the median was 47.47.

EOSE's Days Inventory is ranked better than
76.7% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs EOSE: 74.47

Eos Energy Enterprises's Days Inventory declined from Dec. 2022 (68.83) to Dec. 2023 (56.58).

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. Eos Energy Enterprises's Inventory Turnover for the three months ended in Dec. 2023 was 1.61.

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. Eos Energy Enterprises's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.85.

Eos Energy Enterprises Days Inventory Historical Data

The historical data trend for Eos Energy Enterprises'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.

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Eos Energy Enterprises Days Inventory Chart

Eos Energy Enterprises Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

14.18

51.79

43.15

81.96

Eos Energy Enterprises Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial												68.83	63.23	124.57	79.82	56.58

Competitive Comparison of Eos Energy Enterprises's Days Inventory

For the Electrical Equipment & Parts subindustry, Eos Energy Enterprises'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.

Eos Energy Enterprises's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eos Energy Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eos Energy Enterprises's Days Inventory falls into.

Eos Energy Enterprises Days Inventory Calculation

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

Eos Energy Enterprises'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
=	( (23.26	+	17.07)	/	2 )	/	89.798	*	365
=	20.165					/	89.798	*	365
=	81.96

Eos Energy Enterprises's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.568	+	17.07)	/	2 )	/	30.35	*	365 / 4
=	18.819					/	30.35	*	365 / 4
=	56.58

Eos Energy Enterprises (NAS:EOSE) 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.

Eos Energy Enterprises's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30.35	/	18.819
	=	1.61

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.

Eos Energy Enterprises's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.819	/	6.61
	=	2.85

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.

Eos Energy Enterprises Days Inventory Related Terms

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

Eos Energy Enterprises (Eos Energy Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eos Energy Enterprises Inc (NAS:EOSE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3920 Park Avenue, Edison, NJ, USA, 08820

Website

https://www.eose.com

Eos Energy Enterprises Inc designs develop, manufactures, and markets innovative zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.

Executives

Jeff Mcneil	director	47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joe Mastrangelo	director, officer: Chief Executive Officer	199 PIERCE STREET, SUITE 537, FRANKLIN TOWNSHIP NJ 08873
Claude Demby	director	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sumeet Puri	officer: Chief Accounting Officer	6525 SHADY OAK LANE, MASON OH 45040
Alexander Dimitrief	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nathan Kroeker	officer: Chief Financial Officer	12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jeffrey S Bornstein	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Russell Monoki Stidolph	director	137 ROWAYTON AVENUE, ROWAYTON CT 06853
Daniel Shribman	director, officer: CEO and CFO	299 PARK AVENUE, NEW YORK NY 10171
Koch Industries Inc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Randall B Gonzales	officer: Chief Financial Officer	EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Spring Creek Capital Llc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Wood River Capital, Llc	10 percent owner	4111 E. 37TH STREET N, WICHITA KS 67220
Marian Walters	director	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Audrey Ann Zibelman	director	6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141