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Days Inventory is also known as Days Sales of Inventory (DSI). Perrigo Co's Average Total Inventories for the three months ended in Mar. 2024 was $1,131 Mil. Perrigo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $724 Mil. Hence, Perrigo Co's Days Inventory for the three months ended in Mar. 2024 was 142.48.
The historical rank and industry rank for Perrigo Co's Days Inventory or its related term are showing as below:
During the past 13 years, Perrigo Co's highest Days Inventory was 143.48. The lowest was 97.82. And the median was 121.48.
Perrigo Co's Days Inventory increased from Mar. 2023 (138.63) to Mar. 2024 (142.48). 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 Mar. 2024 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 Mar. 2024 was 1.05.
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.
Perrigo Co Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 138.23 | 142.63 | 139.40 | 132.21 | 140.54 |
Perrigo Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Inventory | Get a 7-Day Free Trial | 138.63 | 140.17 | 148.35 | 143.23 | 142.48 |
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.
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.
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
Days Inventory (A: Dec. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (1150.3 | + | 1140.9) | / | 2 ) | / | 2975.2 | * | 365 |
= | 1145.6 | / | 2975.2 | * | 365 | ||||
= | 140.54 |
Perrigo Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:
Days Inventory (Q: Mar. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Mar. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | ( (1140.9 | + | 1121.3) | / | 2 ) | / | 724.4 | * | 365 / 4 |
= | 1131.1 | / | 724.4 | * | 365 / 4 | ||||
= | 142.48 |
* 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 Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 724.4 | / | 1131.1 | |
= | 0.64 |
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 Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 1131.1 | / | 1082.1 | |
= | 1.05 |
* 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.
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.
Robert Willis | officer: Acting CHRO | C/O PERRIGO COMPANY PLC, 515 EASTERN AVENUE, ALLEGAN MI 49010 |
Alison Ives | officer: EVP & Chief Scientific Officer | C/O PERRIGO COMPANY PLC, 515 EASTERN AVENUE, ALLEGAN MI 49010 |
Eduardo Guarita Bezerra | officer: EVP & Chief Financial Officer | C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33134 |
Patrick Lockwood-taylor | director, officer: CEO | C/O PERRIGO COMPANY PLC, 430 MONROE AVE NW, GRAND RAPIDS MI 49503 |
Julia M Brown | director | C/O ABLE BRANDS CO., 30 HUDSON YARDS, NEW YORK NY 10001 |
Triona Schmelter | officer: EVP & President CSCA | 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523 |
Geoffrey M. Parker | director | 15 RIORDAN PLACE, MENLO PARK CA 94025 |
Svend Andersen | director | C/O PERRIGO COMPANY PLC, 515 EASTERN AVENUE, ALLEGAN MI 49010 |
Murray S Kessler | director, officer: CEO | 714 GREEN VALLEY ROAD, GREENSBORO NC 27408 |
Thomas Farrington | officer: Senior VP and CIO | 4012 W. CANTERBURY CT., NEQUON WI 53092 |
Dillard James E Iii | officer: EVP, Chief Scientific Officer | 6601 WEST BROAD STREET, RICHMOND VA 23230 |
Ronald Craig Janish | officer: EVP, Global Op. & Supply Chain | PERRIGO COMPANY PLC, 515 EASTERN AVENUE, ALLEGAN MI 49010 |
Grainne Quinn | officer: EVP, Chief Medical Officer | PERRIGO COMPANY PLC, 515 EASTERN AVENUE, ALLEGAN MI 49010 |
Albert Manzone | director | C/O MERISANT, AVENUE JEAN-JACQUES ROUSSEAU 7, NEUCHATEL V8 CH-2000 |
Kyle Hanson | officer: EVP & General Counsel |
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