Days Inventory is also known as Days Sales of Inventory (DSI). Paion Ag's Average Total Inventories for the
six
months ended in Jun. 2023 was $4.29 Mil. Paion Ag's Cost of Goods Sold for the
six
months ended in Jun. 2023 was $3.87 Mil.
Hence, Paion Ag's Days Inventory for the
six
months ended in Jun. 2023 was 202.30.
The historical rank and industry rank for Paion Ag's Days Inventory or its related term are showing as below:
PAIOF'
s Days Inventory Range Over the Past 10 Years
Min: 305.21 Med: 569.57 Max: 795.36
Current: 305.21
During the past 13 years, Paion Ag's highest Days Inventory was 795.36. The lowest was 305.21. And the median was 569.57.
PAIOF's Days Inventory is ranked worse than 84.86% of 971
companies
in the Drug Manufacturers industry
Industry Median: 158.38
vs PAIOF: 305.21
Paion Ag's Days Inventory
declined
from Jun. 2022 (1,308.62) to Jun. 2023 (202.30).
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.
Paion Ag's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.90.
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.
Paion Ag's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.58.
Paion Ag Days Inventory Historical Data
The historical data trend for Paion Ag'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 Paion Ag's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Paion Ag'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.
Paion Ag's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Paion Ag's Days Inventory distribution charts can be found below:
* The bar in red indicates where Paion Ag's Days Inventory falls into.
Paion Ag Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Paion Ag's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Paion Ag (OTCPK:PAIOF) 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.
Paion Ag's Inventory Turnover for the
six
months ended in Jun. 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.
Paion Ag's Inventory to Revenue for the
six
months 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.
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.
Paion Ag Days Inventory Related Terms
Thank you for viewing the detailed overview of Paion Ag's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Paion Ag is a holding company engaged in providing various services to the subsidiaries. The group is focused on developing and commercializing medical innovations for procedural sedation, anesthesia, and critical care services. The key product of the company is remimazolam, which is an ultra-short-acting intravenous benzodiazepine sedative. In the human body, remimazolam is rapidly metabolized to an inactive metabolite by tissue esterases and not metabolized by cytochrome-dependent hepatic pathways. The organization is based in Germany.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PAIOF has been successfully added to your 