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Days Inventory is also known as Days Sales of Inventory (DSI). Eastside Distilling's Average Total Inventories for the three months ended in Dec. 2023 was $3.39 Mil. Eastside Distilling's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.12 Mil. Hence, Eastside Distilling's Days Inventory for the three months ended in Dec. 2023 was 145.81.
The historical rank and industry rank for Eastside Distilling's Days Inventory or its related term are showing as below:
During the past 13 years, Eastside Distilling's highest Days Inventory was 721.00. The lowest was 145.54. And the median was 249.23.
Eastside Distilling's Days Inventory declined from Dec. 2022 (174.87) to Dec. 2023 (145.81).
Inventory Turnover measures how fast the company turns over its inventory within a year. Eastside Distilling's Inventory Turnover for the three months ended in Dec. 2023 was 0.63.
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. Eastside Distilling's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.69.
The historical data trend for Eastside Distilling'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.
Eastside Distilling Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 437.91 | 243.71 | 254.74 | 174.68 | 148.00 |
Eastside Distilling 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 | 174.87 | 173.90 | 131.58 | 132.44 | 145.81 |
For the Beverages - Wineries & Distilleries subindustry, Eastside Distilling'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.
For the Beverages - Alcoholic industry and Consumer Defensive sector, Eastside Distilling's Days Inventory distribution charts can be found below:
* The bar in red indicates where Eastside Distilling's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Eastside Distilling'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 |
= | ( (4.442 | + | 3.212) | / | 2 ) | / | 9.438 | * | 365 |
= | 3.827 | / | 9.438 | * | 365 | ||||
= | 148.00 |
Eastside Distilling'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 |
= | ( (3.563 | + | 3.212) | / | 2 ) | / | 2.12 | * | 365 / 4 |
= | 3.3875 | / | 2.12 | * | 365 / 4 | ||||
= | 145.81 |
* 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.
Eastside Distilling (NAS:EAST) 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.
Eastside Distilling's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 2.12 | / | 3.3875 | |
= | 0.63 |
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.
Eastside Distilling's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 3.3875 | / | 2.002 | |
= | 1.69 |
* 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.
Thank you for viewing the detailed overview of Eastside Distilling's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Elizabeth Ann Levy-navarro | director | C/O EASTSIDE DISTILLING, INC., 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220 |
Eric J. Finnsson | director | C/O EASTSIDE DISTILLING, INC., 1001 SE WATER AVENUE, #390 OR 97214 |
Bigger Capital Fund Gp, Llc | 10 percent owner | 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135 |
Bigger Capital, Llc | 10 percent owner | 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135 |
District 2 Gp Llc | 10 percent owner | 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743 |
District 2 Holdings Llc | 10 percent owner | 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743 |
Bigger Capital Fund L P | 10 percent owner | 159 JENNINGS RD, COLD SPRING HARBOR NY 11724 |
District 2 Capital Fund Lp | 10 percent owner | 14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743 |
B.a.d. Company, Llc | 10 percent owner | 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135 |
District 2 Capital Lp | 10 percent owner | 175 W CARVER STREET, HUNTINGTON NY 11743 |
Michael Bigger | 10 percent owner | 11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135 |
Geoffrey C Gwin | officer: Chief Financial Officer | 238 BLACK ROCK TPK, REDDING CT 06896 |
Joseph D Giansante | director | 2321 NE ARGYLE STREET, UNIT D, PORTLAND OR 97211 |
Patrick J. Kilkenny | 10 percent owner | P.O. BOX 1641, RANCHO SANTA FE CA 92067 |
Amy Lee Brassard | officer: Corporate Secretary | 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220 |
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