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Eden Research (LSE:EDEN) Days Inventory : 205.66 (As of Dec. 2023)


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What is Eden Research Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eden Research's Average Total Inventories for the six months ended in Dec. 2023 was £0.81 Mil. Eden Research's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.72 Mil. Hence, Eden Research's Days Inventory for the six months ended in Dec. 2023 was 205.66.

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

LSE:EDEN' s Days Inventory Range Over the Past 10 Years
Min: 16.08   Med: 90.92   Max: 209.77
Current: 191.07

During the past 13 years, Eden Research's highest Days Inventory was 209.77. The lowest was 16.08. And the median was 90.92.

LSE:EDEN's Days Inventory is ranked worse than
79.04% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs LSE:EDEN: 191.07

Eden Research's Days Inventory declined from Dec. 2022 (266.62) to Dec. 2023 (205.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Eden Research's Inventory Turnover for the six months ended in Dec. 2023 was 0.89.

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. Eden Research's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.39.


Eden Research Days Inventory Historical Data

The historical data trend for Eden Research'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.

Eden Research Days Inventory Chart

Eden Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.08 72.31 203.54 209.77 203.35

Eden Research 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 272.71 142.85 266.62 163.99 205.66

Competitive Comparison of Eden Research's Days Inventory

For the Agricultural Inputs subindustry, Eden Research'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.


Eden Research's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Eden Research's Days Inventory distribution charts can be found below:

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



Eden Research Days Inventory Calculation

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

Eden Research'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
=( (0.625 + 0.965) / 2 ) / 1.427*365
=0.795 / 1.427*365
=203.35

Eden Research'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
=( (0.651 + 0.965) / 2 ) / 0.717*365 / 2
=0.808 / 0.717*365 / 2
=205.66

* 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.


Eden Research  (LSE:EDEN) 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.

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

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.

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

* 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.


Eden Research Days Inventory Related Terms

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


Eden Research (LSE:EDEN) Business Description

Traded in Other Exchanges
Address
67C Innovation Drive, Milton Park, Abingdon, Oxfordshire, GBR, OX14 4RQ
Eden Research PLC is a UK-based company that develops and supplies biopesticide products and natural microencapsulation technologies to the crop protection, animal health, and consumer products industries. It operates through Agrochemical, Consumer products, and Animal health segments. It offers a range of product categories under Foliar Diseases Control, Soil Pest, Protected Glass House Crops, Vascular Diseases Control, and Post-Harvest Applications.