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EZGO Technologies (EZGO Technologies) Days Inventory : 46.57 (As of Sep. 2023)


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What is EZGO Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EZGO Technologies's Average Total Inventories for the six months ended in Sep. 2023 was $2.50 Mil. EZGO Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was $9.80 Mil. Hence, EZGO Technologies's Days Inventory for the six months ended in Sep. 2023 was 46.57.

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

EZGO' s Days Inventory Range Over the Past 10 Years
Min: 3.28   Med: 14.57   Max: 2088.04
Current: 44.31

During the past 6 years, EZGO Technologies's highest Days Inventory was 2088.04. The lowest was 3.28. And the median was 14.57.

EZGO's Days Inventory is ranked better than
81.08% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs EZGO: 44.31

EZGO Technologies's Days Inventory increased from Sep. 2022 (29.37) to Sep. 2023 (46.57). It might indicate that EZGO Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. EZGO Technologies's Inventory Turnover for the six months ended in Sep. 2023 was 3.92.

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. EZGO Technologies's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.23.


EZGO Technologies Days Inventory Historical Data

The historical data trend for EZGO Technologies'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.

EZGO Technologies Days Inventory Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial 2,088.04 48.99 14.19 13.87 14.94

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 23.55 66.98 29.37 83.46 46.57

Competitive Comparison of EZGO Technologies's Days Inventory

For the Recreational Vehicles subindustry, EZGO Technologies'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.


EZGO Technologies's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where EZGO Technologies's Days Inventory falls into.



EZGO Technologies Days Inventory Calculation

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

EZGO Technologies's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.381 + 0.829) / 2 ) / 14.782*365
=0.605 / 14.782*365
=14.94

EZGO Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (4.174 + 0.829) / 2 ) / 9.802*365 / 2
=2.5015 / 9.802*365 / 2
=46.57

* 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.


EZGO Technologies  (NAS:EZGO) 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.

EZGO Technologies's Inventory Turnover for the six months ended in Sep. 2023 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.

EZGO Technologies's Inventory to Revenue for the six months ended in Sep. 2023 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.


EZGO Technologies Days Inventory Related Terms

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


EZGO Technologies (EZGO Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.