Days Inventory is also known as Days Sales of Inventory (DSI). Paradise's Average Total Inventories for the
three
months ended in Jun. 2019 was $12.70 Mil. Paradise's Cost of Goods Sold for the
three
months ended in Jun. 2019 was $2.70 Mil.
Hence, Paradise's Days Inventory for the
three
months ended in Jun. 2019 was 428.46.
The historical rank and industry rank for Paradise's Days Inventory or its related term are showing as below:
PARF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.17 * Ranked among companies with meaningful Days Inventory only.
Paradise's Days Inventory
declined
from Jun. 2018 (787.66) to Jun. 2019 (428.46).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Paradise's Inventory Turnover for the
three
months ended in Jun. 2019 was 0.21.
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.
Paradise's Inventory-to-Revenue for the
three
months ended in Jun. 2019 was 8.63.
Paradise Days Inventory Historical Data
The historical data trend for Paradise'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.
Competitive Comparison of Paradise's Days Inventory
For the Confectioners subindustry, Paradise'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.
Paradise's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Paradise's Days Inventory distribution charts can be found below:
* The bar in red indicates where Paradise's Days Inventory falls into.
Paradise Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Paradise's Days Inventory for the fiscal year that ended in Dec. 2018 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.
Paradise (OTCPK:PARF) 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.
Paradise's Inventory Turnover for the
three
months ended in Jun. 2019 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.
Paradise's Inventory to Revenue for the
three
months ended in Jun. 2019 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.
Paradise Days Inventory Related Terms
Thank you for viewing the detailed overview of Paradise's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Paradise Inc is engaged in producing and selling of candied fruit and molded plastics. Its products are used by commercial and home bakers. It also designs and molds plastic containers for its product line and molded plastics for sale to customers. The operating business segments are Candied Fruit and Molded Plastics. The Candied Fruit segment is engaged in the production of candied fruit, a basic fruitcake ingredient, sold to manufacturing bakers, institutional users, and retailers for use in home baking. The Molded Plastics segment is engaged in the production of plastic containers for the company's products and other molded plastics for sale to unaffiliated customers.
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