Panostaja Oyj (OHEL:PNA1V) Days Inventory : 32.36 (As of Oct. 2023)

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What is Panostaja Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Panostaja Oyj's Average Total Inventories for the six months ended in Oct. 2023 was €5.7 Mil. Panostaja Oyj's Cost of Goods Sold for the six months ended in Oct. 2023 was €32.4 Mil. Hence, Panostaja Oyj's Days Inventory for the six months ended in Oct. 2023 was 32.36.

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

OHEL:PNA1V' s Days Inventory Range Over the Past 10 Years
Min: 20.09 Med: 29.79 Max: 67.17
Current: 21.87

During the past 13 years, Panostaja Oyj's highest Days Inventory was 67.17. The lowest was 20.09. And the median was 29.79.

OHEL:PNA1V's Days Inventory is ranked better than
54.77% of 681 companies
in the Business Services industry
Industry Median: 29.1 vs OHEL:PNA1V: 21.87

Panostaja Oyj's Days Inventory increased from Oct. 2022 (30.88) to Oct. 2023 (32.36). It might indicate that Panostaja Oyj's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Panostaja Oyj's Inventory Turnover for the six months ended in Oct. 2023 was 5.64.

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. Panostaja Oyj's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.09.

Panostaja Oyj Days Inventory Historical Data

The historical data trend for Panostaja Oyj'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.

Panostaja Oyj Days Inventory Chart

Panostaja Oyj Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

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24.15

27.65

22.80

20.09

21.17

Panostaja Oyj Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial															28.92	14.79	30.88	17.12	32.36

Competitive Comparison of Panostaja Oyj's Days Inventory

For the Specialty Business Services subindustry, Panostaja Oyj'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.

Panostaja Oyj's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Panostaja Oyj's Days Inventory distribution charts can be found below:

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

Panostaja Oyj Days Inventory Calculation

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

Panostaja Oyj's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (5.926	+	5.309)	/	2 )	/	96.836	*	365
=	5.6175					/	96.836	*	365
=	21.17

Panostaja Oyj's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (6.168	+	5.309)	/	2 )	/	32.363	*	365 / 2
=	5.7385					/	32.363	*	365 / 2
=	32.36

Panostaja Oyj (OHEL:PNA1V) 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.

Panostaja Oyj's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	32.363	/	5.7385
	=	5.64

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.

Panostaja Oyj's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.7385	/	65.694
	=	0.09

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.

Panostaja Oyj Days Inventory Related Terms

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

Panostaja Oyj (OHEL:PNA1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Panostaja Oyj (OHEL:PNA1V) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kalevantie 2, Tampere, FIN, 33100

Website

https://www.panostaja.fi

Panostaja Oyj is a Finland-based investment company. Its business segments are Grano, Hygga, CoreHW, Carrot, Oscar Software, and Others. The majority of the revenue is generated from the Grano segment which is into printing services as well as digital marketing and content services.

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