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Days Inventory is also known as Days Sales of Inventory (DSI). Ecolab's Average Total Inventories for the three months ended in Jun. 2024 was $1,536 Mil. Ecolab's Cost of Goods Sold for the three months ended in Jun. 2024 was $2,241 Mil. Hence, Ecolab's Days Inventory for the three months ended in Jun. 2024 was 62.54.
The historical rank and industry rank for Ecolab's Days Inventory or its related term are showing as below:
During the past 13 years, Ecolab's highest Days Inventory was 79.44. The lowest was 62.55. And the median was 66.42.
Ecolab's Days Inventory declined from Jun. 2023 (65.92) to Jun. 2024 (62.54).
Inventory Turnover measures how fast the company turns over its inventory within a year. Ecolab's Inventory Turnover for the three months ended in Jun. 2024 was 1.46.
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. Ecolab's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.39.
The historical data trend for Ecolab'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.
Ecolab Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 68.07 | 62.55 | 66.55 | 67.88 | 65.59 |
Ecolab Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Days Inventory | Get a 7-Day Free Trial | 62.30 | 60.58 | 65.67 | 62.54 | 62.10 |
For the Specialty Chemicals subindustry, Ecolab'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 Chemicals industry and Basic Materials sector, Ecolab's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ecolab's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ecolab'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 |
= | ( (1792.8 | + | 1497.2) | / | 2 ) | / | 9154.9 | * | 365 |
= | 1645 | / | 9154.9 | * | 365 | ||||
= | 65.59 |
Ecolab's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:
Days Inventory (Q: Jun. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2024 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (1565.9 | + | 1505.9) | / | 2 ) | / | 2241 | * | 365 / 4 |
= | 1535.9 | / | 2241 | * | 365 / 4 | ||||
= | 62.54 |
* 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.
Ecolab (NYSE:ECL) 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.
Ecolab's Inventory Turnover for the three months ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 2241 | / | 1535.9 | |
= | 1.46 |
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.
Ecolab's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 1535.9 | / | 3985.8 | |
= | 0.39 |
* 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 Ecolab's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Victoria Reich | director | UNITED STATIONERS SUPPLY CO, ONE PARKWAY NORTH BLVD SUITE 100, LAKE FOREST IL 60045 |
Gregory B Cook | officer: EVP & PRES - INST GROUP | 1 ECOLAB PLACE, SAINT PAUL MN 55102 |
Nicholas J. Alfano | officer: EVP & PRES - GLOBAL INDUSTRIAL | 1 ECOLAB PLACE, SAINT PAUL MN 55102 |
Laurie M Marsh | officer: Senior VP - Human Resources | 1601 W. DIEHL ROAD, NAPERVILLE IL 60563 |
David Maclennan | director | 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347 |
Arthur J Higgins | director | C/O ZIMMER, INC., P.O. BOX 708, WARSAW IN 46580 |
Jennifer J Bradway | officer: SVP & CORPORATE CONTROLLER | 1 ECOLAB PLACE, ST. PAUL MN 55102 |
Angela M Busch | officer: SVP - Corporate Development | 1 ECOLAB PLACE, SAINT PAUL MN 55102 |
Nicolas A Granucci | officer: EVP & PRES - GLOBAL PEST | 1 ECOLAB PLACE, SAINT PAUL MN 55102 |
Larry L Berger | officer: Chief Technical Officer & SVP | 1 ECOLAB PLACE, SAINT PAUL MN 55102 |
Gail Peterson | officer: SVP - Global Mktg & Comms | 1 ECOLAB PLACE, SAINT PAUL MN 55102 |
Christophe Beck | officer: Executive V.P., Instit. NA | 370 WABASHA STREET NORTH, SAINT PAUL MN 55102 |
Eric Mark Green | director | 530 HERMAN O. WEST DRIVE, EXTON PA 19341 |
Gates William H Iii | 10 percent owner | 2365 CARILLON POINT, KIRKLAND WA 98033 |
Michael C. Mccormick | officer: Ex.VP, GC & Asst. Secretary | 1 ECOLAB PLACE, ST. PAUL MN 55102 |
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