Pinewood Technologies Group (LSE:PINE) Days Inventory : 60.68 (As of Jun. 2023)

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What is Pinewood Technologies Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pinewood Technologies Group's Average Total Inventories for the six months ended in Jun. 2023 was £612 Mil. Pinewood Technologies Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £1,839 Mil. Hence, Pinewood Technologies Group's Days Inventory for the six months ended in Jun. 2023 was 60.68.

The historical rank and industry rank for Pinewood Technologies Group's Days Inventory or its related term are showing as below:

LSE:PINE' s Days Inventory Range Over the Past 10 Years
Min: 62.94 Med: 73.68 Max: 108.43
Current: 62.94

During the past 13 years, Pinewood Technologies Group's highest Days Inventory was 108.43. The lowest was 62.94. And the median was 73.68.

LSE:PINE's Days Inventory is ranked better than
64.65% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs LSE:PINE: 62.94

Pinewood Technologies Group's Days Inventory increased from Jun. 2022 (58.98) to Jun. 2023 (60.68). It might indicate that Pinewood Technologies Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pinewood Technologies Group's Inventory Turnover for the six months ended in Jun. 2023 was 3.01.

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. Pinewood Technologies Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.29.

Pinewood Technologies Group Days Inventory Historical Data

The historical data trend for Pinewood Technologies 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.

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Pinewood Technologies Group Days Inventory Chart

Pinewood Technologies Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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97.93

89.49

108.43

68.60

65.38

Pinewood Technologies Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															62.24	63.81	58.98	67.74	60.68

Competitive Comparison of Pinewood Technologies Group's Days Inventory

For the Auto & Truck Dealerships subindustry, Pinewood Technologies 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.

Pinewood Technologies Group's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pinewood Technologies Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pinewood Technologies Group's Days Inventory falls into.

Pinewood Technologies Group Days Inventory Calculation

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

Pinewood Technologies Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (512.8	+	620.3)	/	2 )	/	3162.8	*	365
=	566.55					/	3162.8	*	365
=	65.38

Pinewood Technologies Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (620.3	+	602.7)	/	2 )	/	1839.2	*	365 / 2
=	611.5					/	1839.2	*	365 / 2
=	60.68

Pinewood Technologies Group (LSE:PINE) 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.

Pinewood Technologies Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1839.2	/	611.5
	=	3.01

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.

Pinewood Technologies Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	611.5	/	2090
	=	0.29

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.

Pinewood Technologies Group Days Inventory Related Terms

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

Pinewood Technologies Group (LSE:PINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pinewood Technologies Group PLC (LSE:PINE) » Definitions » Days Inventory

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PDGNF:USA PDGl:UK

Address

2 Oakwood Court, Little Oak Drive, Loxley House, Annesley, Nottingham, GBR, NG15 0DR

Website

https://www.pendragonplc.com

Pendragon PLC sells leases and services used and new vehicles almost exclusively in the United Kingdom. Its operating segments include Car Store, which sells used vehicles; franchised motor, which sells and services vehicles in the U.K.; software, which licenses software to global automotive business users to make dealerships more efficient; and leasing, which provides fleet vehicles, contract hire for cars and vans, and US Motor. Its franchised motor segment generates the most revenue for the company.