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Eveready East Africa (NAI:EVRD) Days Inventory : 373.84 (As of Mar. 2023)


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What is Eveready East Africa Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eveready East Africa's Average Total Inventories for the six months ended in Mar. 2023 was KES10.78 Mil. Eveready East Africa's Cost of Goods Sold for the six months ended in Mar. 2023 was KES5.26 Mil. Hence, Eveready East Africa's Days Inventory for the six months ended in Mar. 2023 was 373.84.

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

NAI:EVRD' s Days Inventory Range Over the Past 10 Years
Min: 115.51   Med: 174.18   Max: 250.09
Current: 152.78

During the past 13 years, Eveready East Africa's highest Days Inventory was 250.09. The lowest was 115.51. And the median was 174.18.

NAI:EVRD's Days Inventory is ranked worse than
78.17% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs NAI:EVRD: 152.78

Eveready East Africa's Days Inventory increased from Mar. 2022 (128.33) to Mar. 2023 (373.84). It might indicate that Eveready East Africa's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eveready East Africa's Inventory Turnover for the six months ended in Mar. 2023 was 0.49.

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. Eveready East Africa's Inventory-to-Revenue for the six months ended in Mar. 2023 was 1.03.


Eveready East Africa Days Inventory Historical Data

The historical data trend for Eveready East Africa'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.

Eveready East Africa Days Inventory Chart

Eveready East Africa Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.23 147.96 127.94 151.20 115.51

Eveready East Africa Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 284.14 89.39 128.33 116.19 373.84

Competitive Comparison of Eveready East Africa's Days Inventory

For the Industrial Distribution subindustry, Eveready East Africa'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.


Eveready East Africa's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Eveready East Africa's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eveready East Africa's Days Inventory falls into.



Eveready East Africa Days Inventory Calculation

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

Eveready East Africa's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

Days Inventory (A: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (18.859 + 0) / 1 ) / 59.595*365
=18.859 / 59.595*365
=115.51

Eveready East Africa's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 10.779) / 1 ) / 5.262*365 / 2
=10.779 / 5.262*365 / 2
=373.84

* 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.


Eveready East Africa  (NAI:EVRD) 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.

Eveready East Africa's Inventory Turnover for the six months ended in Mar. 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.

Eveready East Africa's Inventory to Revenue for the six months ended in Mar. 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.


Eveready East Africa Days Inventory Related Terms

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


Eveready East Africa (NAI:EVRD) Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises offree car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.

Eveready East Africa (NAI:EVRD) Headlines

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