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East African Cables (NAI:CABL) Days Inventory : 81.15 (As of Dec. 2023)


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What is East African Cables Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). East African Cables's Average Total Inventories for the six months ended in Dec. 2023 was KES441 Mil. East African Cables's Cost of Goods Sold for the six months ended in Dec. 2023 was KES992 Mil. Hence, East African Cables's Days Inventory for the six months ended in Dec. 2023 was 81.15.

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

NAI:CABL' s Days Inventory Range Over the Past 10 Years
Min: 68.82   Med: 97.09   Max: 144.57
Current: 77.63

During the past 13 years, East African Cables's highest Days Inventory was 144.57. The lowest was 68.82. And the median was 97.09.

NAI:CABL's Days Inventory is ranked better than
74.89% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs NAI:CABL: 77.63

East African Cables's Days Inventory increased from Dec. 2022 (70.55) to Dec. 2023 (81.15). It might indicate that East African Cables's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. East African Cables's Inventory Turnover for the six months ended in Dec. 2023 was 2.25.

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. East African Cables's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.33.


East African Cables Days Inventory Historical Data

The historical data trend for East African Cables'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.

East African Cables Days Inventory Chart

East African Cables 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 126.07 99.47 95.25 68.82 77.63

East African Cables 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 100.84 67.29 70.55 73.59 81.15

Competitive Comparison of East African Cables's Days Inventory

For the Electrical Equipment & Parts subindustry, East African Cables'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.


East African Cables's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, East African Cables's Days Inventory distribution charts can be found below:

* The bar in red indicates where East African Cables's Days Inventory falls into.



East African Cables Days Inventory Calculation

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

East African Cables'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
=( (347.731 + 441.076) / 2 ) / 1854.293*365
=394.4035 / 1854.293*365
=77.63

East African Cables'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 + 441.076) / 1 ) / 991.887*365 / 2
=441.076 / 991.887*365 / 2
=81.15

* 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.


East African Cables  (NAI:CABL) 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.

East African Cables'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.

East African Cables'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.


East African Cables Days Inventory Related Terms

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


East African Cables (NAI:CABL) Business Description

Traded in Other Exchanges
N/A
Address
Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya and Uganda and Tanzania. It generates maximum revenue from Kenya and Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables (NAI:CABL) Headlines

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