Engenco (ASX:EGN) Days Inventory : 201.91 (As of Dec. 2023)

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What is Engenco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Engenco's Average Total Inventories for the six months ended in Dec. 2023 was A$60.6 Mil. Engenco's Cost of Goods Sold for the six months ended in Dec. 2023 was A$54.8 Mil. Hence, Engenco's Days Inventory for the six months ended in Dec. 2023 was 201.91.

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

ASX:EGN' s Days Inventory Range Over the Past 10 Years
Min: 162.55 Med: 176.8 Max: 239.8
Current: 179.53

During the past 13 years, Engenco's highest Days Inventory was 239.80. The lowest was 162.55. And the median was 176.80.

ASX:EGN's Days Inventory is ranked worse than
95.74% of 775 companies
in the Transportation industry
Industry Median: 11.57 vs ASX:EGN: 179.53

Engenco's Days Inventory increased from Dec. 2022 (182.65) to Dec. 2023 (201.91). It might indicate that Engenco's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Engenco's Inventory Turnover for the six months ended in Dec. 2023 was 0.90.

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. Engenco's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.56.

Engenco Days Inventory Historical Data

The historical data trend for Engenco'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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Engenco Days Inventory Chart

Engenco Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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162.55

172.49

204.53

183.13

173.65

Engenco Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															207.67	158.94	182.65	162.68	201.91

Competitive Comparison of Engenco's Days Inventory

For the Railroads subindustry, Engenco'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.

Engenco's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Engenco's Days Inventory distribution charts can be found below:

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

Engenco Days Inventory Calculation

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

Engenco's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (47.137	+	59.617)	/	2 )	/	112.194	*	365
=	53.377					/	112.194	*	365
=	173.65

Engenco'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
=	( (59.617	+	61.561)	/	2 )	/	54.764	*	365 / 2
=	60.589					/	54.764	*	365 / 2
=	201.91

Engenco (ASX:EGN) 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.

Engenco's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54.764	/	60.589
	=	0.90

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.

Engenco's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	60.589	/	107.982
	=	0.56

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.

Engenco Days Inventory Related Terms

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

Engenco (ASX:EGN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 22, Melbourne, VIC, AUS, 3000

Website

https://www.engenco.com.au

Engenco Ltd engages in the provision of engineering services. It operates through Convair, Gemco Rail, Drivetrain, Workforce Solutions, and All Other segments. The company generates maximum revenue from the Gemco Rail segment. Gemco Rail segment specialises in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers. It provides wheelset, bogie and in-field wagon maintenance and manufactures new and refurbished wagons, bogie component parts, customised remote controlled ballast car discharge gates, and others. Geographically, it derives a majority of revenue from Australasia.