Pernod Ricard (Pernod Ricard) Days Inventory : 592.94 (As of Dec. 2023)

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What is Pernod Ricard Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pernod Ricard's Average Total Inventories for the six months ended in Dec. 2023 was $8,889 Mil. Pernod Ricard's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,736 Mil. Hence, Pernod Ricard's Days Inventory for the six months ended in Dec. 2023 was 592.94.

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

PRNDY' s Days Inventory Range Over the Past 10 Years
Min: 567.75 Med: 578.67 Max: 657.54
Current: 625.54

During the past 13 years, Pernod Ricard's highest Days Inventory was 657.54. The lowest was 567.75. And the median was 578.67.

PRNDY's Days Inventory is ranked worse than
83.82% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 158.73 vs PRNDY: 625.54

Pernod Ricard's Days Inventory increased from Dec. 2022 (495.63) to Dec. 2023 (592.94). It might indicate that Pernod Ricard's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pernod Ricard's Inventory Turnover for the six months ended in Dec. 2023 was 0.31.

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. Pernod Ricard's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.24.

Pernod Ricard Days Inventory Historical Data

The historical data trend for Pernod Ricard'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.

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Pernod Ricard Days Inventory Chart

Pernod Ricard Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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589.57

648.47

636.72

640.57

570.67

Pernod Ricard 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															538.42	694.26	495.63	659.80	592.94

Competitive Comparison of Pernod Ricard's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Pernod Ricard'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.

Pernod Ricard's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pernod Ricard's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pernod Ricard's Days Inventory falls into.

Pernod Ricard Days Inventory Calculation

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

Pernod Ricard's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (7789.641	+	8780.065)	/	2 )	/	5299.024	*	365
=	8284.853					/	5299.024	*	365
=	570.67

Pernod Ricard'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
=	( (8780.065	+	8998.909)	/	2 )	/	2736.096	*	365 / 2
=	8889.487					/	2736.096	*	365 / 2
=	592.94

Pernod Ricard (OTCPK:PRNDY) 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.

Pernod Ricard's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2736.096	/	8889.487
	=	0.31

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.

Pernod Ricard's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8889.487	/	7186.478
	=	1.24

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.

Pernod Ricard Days Inventory Related Terms

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

Pernod Ricard (Pernod Ricard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Pernod Ricard SA (OTCPK:PRNDY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PDRDF:USA RI:Mexico RIp:UK 0HAT:UK RI:France PER:Germany

Address

5, Cours Paul Ricard, Paris, FRA, 75008

Website

https://www.pernod-ricard.com

Pernod Ricard is the world's second-largest spirits maker by volume, behind Diageo. The firm's key markets are Europe, the United States, and Asia. Pernod's key spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm's strategic wine portfolio, which represented around 5% of fiscal 2022 revenue among the group's focus brands, includes Jacob's Creek, Brancott Estate, Campo Viejo, Mumm, and Perrier-Jouet.