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Paragon Shipping (Paragon Shipping) Days Inventory : 0.00 (As of Dec. 2016)


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What is Paragon Shipping Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Paragon Shipping's Average Total Inventories for the three months ended in Dec. 2016 was $1.26 Mil. Paragon Shipping's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.00 Mil.

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

PRGNF's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.545
* Ranked among companies with meaningful Days Inventory only.

Paragon Shipping's Days Inventory declined from Mar. 2015 (21.15) to Dec. 2016 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Paragon Shipping's Inventory Turnover for the three months ended in Dec. 2016 was 0.00.

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.


Paragon Shipping Days Inventory Historical Data

The historical data trend for Paragon Shipping'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.

Paragon Shipping Days Inventory Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.40 12.94 9.75 12.56 108.22

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 21.15 21.51 20.19 4.68 -

Competitive Comparison of Paragon Shipping's Days Inventory

For the Marine Shipping subindustry, Paragon Shipping'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.


Paragon Shipping's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Paragon Shipping's Days Inventory distribution charts can be found below:

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



Paragon Shipping Days Inventory Calculation

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

Paragon Shipping's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (1.261 + 0) / 1 ) / 4.253*365
=1.261 / 4.253*365
=108.22

Paragon Shipping's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (1.261 + 0) / 1 ) / 0*365 / 4
=1.261 / 0*365 / 4
=N/A

* 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.


Paragon Shipping  (OTCPK:PRGNF) 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.

Paragon Shipping's Inventory Turnover for the three months ended in Dec. 2016 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.

Paragon Shipping's Inventory to Revenue for the three months ended in Dec. 2016 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.


Paragon Shipping Days Inventory Related Terms

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


Paragon Shipping (Paragon Shipping) Business Description

Traded in Other Exchanges
N/A
Address
15 Karamanli Avenue, Voula, GRC, 166 73
Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.

Paragon Shipping (Paragon Shipping) Headlines

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