Days Inventory is also known as Days Sales of Inventory (DSI). PPK Group's Average Total Inventories for the
six
months ended in Dec. 2023 was A$11.44 Mil. PPK Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was A$11.63 Mil.
Hence, PPK Group's Days Inventory for the
six
months ended in Dec. 2023 was 179.47.
The historical rank and industry rank for PPK Group's Days Inventory or its related term are showing as below:
ASX:PPK'
s Days Inventory Range Over the Past 10 Years
Min: 111.76 Med: 141.97 Max: 656.17
Current: 187.13
During the past 13 years, PPK Group's highest Days Inventory was 656.17. The lowest was 111.76. And the median was 141.97.
ASX:PPK's Days Inventory is ranked worse than 72.82% of 2910
companies
in the Industrial Products industry
Industry Median: 120.125
vs ASX:PPK: 187.13
PPK Group's Days Inventory
declined
from Dec. 2022 (28,470.00) to Dec. 2023 (179.47).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
PPK Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.02.
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.
PPK Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.69.
PPK Group Days Inventory Historical Data
The historical data trend for PPK Group'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 PPK Group's Days Inventory
For the Electrical Equipment & Parts subindustry, PPK Group'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.
PPK Group's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, PPK Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where PPK Group's Days Inventory falls into.
PPK Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PPK Group's Days Inventory for the fiscal year that ended in Jun. 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.
PPK Group (ASX:PPK) 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.
PPK Group's Inventory Turnover for the
six
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.
PPK Group's Inventory to Revenue for the
six
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.
PPK Group Days Inventory Related Terms
Thank you for viewing the detailed overview of PPK Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PPK Group Ltd invests in publicly listed and privately held business, property ownership, and the manufacture of high-grade boron nitride nanotubes. The group invests capital and expertise in high-potential science and technology opportunities with a current focus on nanomaterials, artificial intelligence, and energy storage solutions. It operates in the technology Segment. It is also engaged in ballistic armor and dental products. The company generates the majority of its revenue from the Energy storage business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:PPK has been successfully added to your 