Evergent Investments (BSE:EVER) Days Inventory : 394.36 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Evergent Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Evergent Investments's Average Total Inventories for the six months ended in Dec. 2023 was lei45.0 Mil. Evergent Investments's Cost of Goods Sold for the six months ended in Dec. 2023 was lei20.8 Mil. Hence, Evergent Investments's Days Inventory for the six months ended in Dec. 2023 was 394.36.

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

BSE:EVER' s Days Inventory Range Over the Past 10 Years
Min: 188.33 Med: 314.77 Max: 806.18
Current: 402.75

During the past 13 years, Evergent Investments's highest Days Inventory was 806.18. The lowest was 188.33. And the median was 314.77.

BSE:EVER's Days Inventory is ranked worse than
79.76% of 168 companies
in the Asset Management industry
Industry Median: 77.38 vs BSE:EVER: 402.75

Evergent Investments's Days Inventory increased from Dec. 2022 (180.64) to Dec. 2023 (394.36). It might indicate that Evergent Investments'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. Evergent Investments's Inventory Turnover for the six months ended in Dec. 2023 was 0.46.

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. Evergent Investments's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.36.

Evergent Investments Days Inventory Historical Data

The historical data trend for Evergent Investments'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.

Evergent Investments Days Inventory Chart

Evergent Investments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

806.18

235.98

206.25

188.33

393.56

Evergent Investments Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial														169.36	255.26	180.64	425.34	394.36

Competitive Comparison of Evergent Investments's Days Inventory

For the Asset Management subindustry, Evergent Investments'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.

Evergent Investments's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Evergent Investments's Days Inventory distribution charts can be found below:

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

Evergent Investments Days Inventory Calculation

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

Evergent Investments'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
=	( (28.735	+	48.607)	/	2 )	/	35.865	*	365
=	38.671					/	35.865	*	365
=	393.56

Evergent Investments'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
=	( (41.385	+	48.607)	/	2 )	/	20.823	*	365 / 2
=	44.996					/	20.823	*	365 / 2
=	394.36

Evergent Investments (BSE:EVER) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.823	/	44.996
	=	0.46

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	44.996	/	124.336
	=	0.36

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.

Evergent Investments Days Inventory Related Terms

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

Evergent Investments (BSE:EVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Evergent Investments SA (BSE:EVER) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pictor Aman Street 94 C, Bacau, ROU, 600164

Website

https://www.evergent.ro

Evergent Investments SA is a Romanian financial investment company. The group has five reporting segments which include financial investment services, manufacture and sale of agricultural machinery, real estate development (apartments, including parking spaces), cultivation of fruit-bearing trees (blueberries), and Others.