Pine Technology Holdings (FRA:PNY) Days Inventory : 0.02 (As of Dec. 2023)

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What is Pine Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pine Technology Holdings's Average Total Inventories for the six months ended in Dec. 2023 was €0.00 Mil. Pine Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.80 Mil. Hence, Pine Technology Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.02.

The historical rank and industry rank for Pine Technology Holdings's Days Inventory or its related term are showing as below:

FRA:PNY' s Days Inventory Range Over the Past 10 Years
Min: 0.04 Med: 88.53 Max: 131.92
Current: 0.04

During the past 13 years, Pine Technology Holdings's highest Days Inventory was 131.92. The lowest was 0.04. And the median was 88.53.

FRA:PNY's Days Inventory is ranked better than
99.96% of 2409 companies
in the Hardware industry
Industry Median: 102.02 vs FRA:PNY: 0.04

Pine Technology Holdings's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (0.02). It might indicate that Pine Technology Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pine Technology Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 7,401.50.

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. Pine Technology Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Pine Technology Holdings Days Inventory Historical Data

The historical data trend for Pine Technology Holdings'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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Pine Technology Holdings Days Inventory Chart

Pine Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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128.37

52.67

16.68

0.13

Pine Technology Holdings 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															-	-	-	0.08	0.02

Competitive Comparison of Pine Technology Holdings's Days Inventory

For the Computer Hardware subindustry, Pine Technology Holdings'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.

Pine Technology Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pine Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pine Technology Holdings's Days Inventory falls into.

Pine Technology Holdings Days Inventory Calculation

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

Pine Technology Holdings'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
=	( (0	+	0.002)	/	1 )	/	5.686	*	365
=	0.002					/	5.686	*	365
=	0.13

Pine Technology Holdings'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
=	( (0.002	+	0)	/	1 )	/	14.803	*	365 / 2
=	0.002					/	14.803	*	365 / 2
=	0.02

Pine Technology Holdings (FRA:PNY) 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.

Pine Technology Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.803	/	0.002
	=	7,401.50

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.

Pine Technology Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.002	/	14.978
	=	0.00

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.

Pine Technology Holdings Days Inventory Related Terms

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

Pine Technology Holdings (FRA:PNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pine Technology Holdings Ltd (FRA:PNY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

01079:Hong Kong PNY:Germany

Address

88–98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG

Website

http://www.pinegroup.com

Pine Technology Holdings Ltd is engaged in the design, manufacturing, and distribution of personal computer (PC) based products. The company operates its business in various segments that include Group's Brand Product; Other brand products; Money lending service; Trading business; and Computer software and hardware and system development. The Company generates majority of its revenue from Sales of plastic products through trading business. It exports its product to Canada, the United States of America, Asia, and other regions.