Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Days Inventory : 38.68 (As of Dec. 2023)

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What is Energia Innovacion Y Desarrollo Fotovoltaico Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Energia Innovacion Y Desarrollo Fotovoltaico's Average Total Inventories for the six months ended in Dec. 2023 was €15.4 Mil. Energia Innovacion Y Desarrollo Fotovoltaico's Cost of Goods Sold for the six months ended in Dec. 2023 was €72.5 Mil. Hence, Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory for the six months ended in Dec. 2023 was 38.68.

The historical rank and industry rank for Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory or its related term are showing as below:

XMAD:EIDF' s Days Inventory Range Over the Past 10 Years
Min: 20.7 Med: 37.49 Max: 51.09
Current: 43.93

During the past 5 years, Energia Innovacion Y Desarrollo Fotovoltaico's highest Days Inventory was 51.09. The lowest was 20.70. And the median was 37.49.

XMAD:EIDF's Days Inventory is ranked better than
86% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs XMAD:EIDF: 43.93

Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory increased from Dec. 2022 (21.59) to Dec. 2023 (38.68). It might indicate that Energia Innovacion Y Desarrollo Fotovoltaico's sales slowed down.

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. Energia Innovacion Y Desarrollo Fotovoltaico's Inventory Turnover for the six months ended in Dec. 2023 was 4.72.

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. Energia Innovacion Y Desarrollo Fotovoltaico's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.17.

Energia Innovacion Y Desarrollo Fotovoltaico Days Inventory Historical Data

The historical data trend for Energia Innovacion Y Desarrollo Fotovoltaico'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.

Energia Innovacion Y Desarrollo Fotovoltaico Days Inventory Chart

Energia Innovacion Y Desarrollo Fotovoltaico Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

51.09

37.49

30.99

20.70

42.01

Energia Innovacion Y Desarrollo Fotovoltaico Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			29.85	11.04	21.59	50.55	38.68

Competitive Comparison of Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory

For the Solar subindustry, Energia Innovacion Y Desarrollo Fotovoltaico'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.

Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory distribution charts can be found below:

* The bar in red indicates where Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory falls into.

Energia Innovacion Y Desarrollo Fotovoltaico Days Inventory Calculation

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

Energia Innovacion Y Desarrollo Fotovoltaico'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
=	( (24.151	+	10.847)	/	2 )	/	152.022	*	365
=	17.499					/	152.022	*	365
=	42.01

Energia Innovacion Y Desarrollo Fotovoltaico'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (19.893	+	10.847)	/	2 )	/	72.515	*	365 / 2
=	15.37					/	72.515	*	365 / 2
=	38.68

Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) 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.

Energia Innovacion Y Desarrollo Fotovoltaico's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	72.515	/	15.37
	=	4.72

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.

Energia Innovacion Y Desarrollo Fotovoltaico's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.37	/	92.124
	=	0.17

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.

Energia Innovacion Y Desarrollo Fotovoltaico Days Inventory Related Terms

Thank you for viewing the detailed overview of Energia Innovacion Y Desarrollo Fotovoltaico's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Energia Innovacion Y Desarrollo Fotovoltaico SA (XMAD:EIDF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

F63:Germany

Address

Poligono Industrial Outeda - Curro, No.3, Mud, Pontevedra, ESP, 36692

Website

https://www.eidfsolar.es

Energia Innovacion Y Desarrollo Fotovoltaico SA is a company specialized in photovoltaic solar energy projects. It offers engineering services, energy consulting, and installation of low and medium voltage. It is engaged in self-consumption photovoltaic installations for companies. Some of its projects are Generation park-Pulpi I, Fricosa, Barcia pipes, Peregrin One Garlic among others.

Energia Innovacion Y Desarrollo Fotovoltaico (XMAD:EIDF) Headlines

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