Days Inventory is also known as Days Sales of Inventory (DSI). Perrigo Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,145 Mil. Perrigo Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $730 Mil.
Hence, Perrigo Co's Days Inventory for the
three
months ended in Dec. 2023 was 143.23.
The historical rank and industry rank for Perrigo Co's Days Inventory or its related term are showing as below:
PRGO'
s Days Inventory Range Over the Past 10 Years
Min: 97.82 Med: 121.48 Max: 142.63
Current: 142.09
During the past 13 years, Perrigo Co's highest Days Inventory was 142.63. The lowest was 97.82. And the median was 121.48.
PRGO's Days Inventory is ranked better than 56.51% of 975
companies
in the Drug Manufacturers industry
Industry Median: 157.96
vs PRGO: 142.09
Perrigo Co's Days Inventory
increased
from Dec. 2022 (132.00) to Dec. 2023 (143.23).
It might indicate that Perrigo Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Perrigo Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.64.
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.
Perrigo Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.99.
Perrigo Co Days Inventory Historical Data
The historical data trend for Perrigo Co'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.
Perrigo Co Annual Data
Trend
Jun14
Jun15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
138.23
142.63
139.40
132.21
140.54
Perrigo Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
132.00
138.63
140.17
148.35
143.23
Competitive Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo Co'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.
Perrigo Co Days Inventory Distribution
For the Drug Manufacturers industry and Healthcare sector, Perrigo Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Perrigo Co's Days Inventory falls into.
Perrigo Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Perrigo Co's Days Inventory for the fiscal year that ended in Dec. 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.
Perrigo Co (NYSE:PRGO) 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.
Perrigo Co's Inventory Turnover for the
three
months ended in Dec. 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.
Perrigo Co's Inventory to Revenue for the
three
months ended in Dec. 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.
Perrigo Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Perrigo Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.
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