Echo Investment (WAR:ECH) Days Inventory : 231.09 (As of Dec. 2023)

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What is Echo Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Echo Investment's Average Total Inventories for the three months ended in Dec. 2023 was zł1,669 Mil. Echo Investment's Cost of Goods Sold for the three months ended in Dec. 2023 was zł659 Mil. Hence, Echo Investment's Days Inventory for the three months ended in Dec. 2023 was 231.09.

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

WAR:ECH' s Days Inventory Range Over the Past 10 Years
Min: 372.43 Med: 510.27 Max: 889.57
Current: 556.78

During the past 13 years, Echo Investment's highest Days Inventory was 889.57. The lowest was 372.43. And the median was 510.27.

WAR:ECH's Days Inventory is ranked better than
55.34% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs WAR:ECH: 556.78

Echo Investment's Days Inventory declined from Dec. 2022 (595.29) to Dec. 2023 (231.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Echo Investment's Inventory Turnover for the three months ended in Dec. 2023 was 0.39.

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. Echo Investment's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.81.

Echo Investment Days Inventory Historical Data

The historical data trend for Echo Investment'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.

Echo Investment Days Inventory Chart

Echo Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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491.65

372.43

407.23

646.49

528.88

Echo Investment Quarterly Data
	Mar19	Jun19	Sep19	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															595.29	1,068.84	921.59	1,299.05	231.09

Competitive Comparison of Echo Investment's Days Inventory

For the Real Estate - Diversified subindustry, Echo Investment'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.

Echo Investment's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Echo Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Echo Investment's Days Inventory falls into.

Echo Investment Days Inventory Calculation

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

Echo Investment'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
=	( (1592.885	+	1553.825)	/	2 )	/	1085.831	*	365
=	1573.355					/	1085.831	*	365
=	528.88

Echo Investment'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
=	( (1784.316	+	1553.825)	/	2 )	/	659.051	*	365 / 4
=	1669.0705					/	659.051	*	365 / 4
=	231.09

Echo Investment (WAR:ECH) 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.

Echo Investment's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	659.051	/	1669.0705
	=	0.39

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.

Echo Investment's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1669.0705	/	922.749
	=	1.81

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.

Echo Investment Days Inventory Related Terms

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

Echo Investment (WAR:ECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Echo Investment SA (WAR:ECH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

4I3:Germany

Address

Al. Jana Paw?a II 22, Warsaw Office Q22 building, Warsaw, POL, 00-133

Website

https://www.echo.com.pl

Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.