ESG (ESGH) Days Inventory : 43.78 (As of Mar. 2024)

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What is ESG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ESG's Average Total Inventories for the three months ended in Mar. 2024 was $1.18 Mil. ESG's Cost of Goods Sold for the three months ended in Mar. 2024 was $2.47 Mil. Hence, ESG's Days Inventory for the three months ended in Mar. 2024 was 43.78.

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

ESGH' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 175.11
Current: 175.11

During the past 3 years, ESG's highest Days Inventory was 175.11. The lowest was 0.00. And the median was 0.00.

ESGH's Days Inventory is ranked worse than
76.67% of 30 companies
in the Diversified Financial Services industry
Industry Median: 66.975 vs ESGH: 175.11

ESG's Days Inventory increased from Feb. 2023 (0.00) to Mar. 2024 (43.78). It might indicate that ESG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ESG's Inventory Turnover for the three months ended in Mar. 2024 was 2.08.

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. ESG's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.

ESG Days Inventory Historical Data

The historical data trend for ESG'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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ESG Days Inventory Chart

ESG Annual Data

Trend

Aug21

Aug22

Aug23

Days Inventory

ESG Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	43.78

Competitive Comparison of ESG's Days Inventory

For the Shell Companies subindustry, ESG'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.

ESG's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ESG's Days Inventory distribution charts can be found below:

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

ESG Days Inventory Calculation

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

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

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

ESG's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.651	+	0.718)	/	2 )	/	2.469	*	365 / 4
=	1.1845					/	2.469	*	365 / 4
=	43.78

ESG (OTCPK:ESGH) 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.

ESG's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.469	/	1.1845
	=	2.08

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.

ESG's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1845	/	2.378
	=	0.50

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.

ESG Days Inventory Related Terms

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

ESG (ESGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ESG Inc (OTCPK:ESGH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

523 School House Road, Kennett Square, PA, USA, 19348

Website

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