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Pico Far East Holdings (Pico Far East Holdings) Days Inventory : 1.27 (As of Oct. 2023)


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What is Pico Far East Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pico Far East Holdings's Average Total Inventories for the six months ended in Oct. 2023 was $1.7 Mil. Pico Far East Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was $248.8 Mil. Hence, Pico Far East Holdings's Days Inventory for the six months ended in Oct. 2023 was 1.27.

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

PCOFF' s Days Inventory Range Over the Past 10 Years
Min: 1.28   Med: 5.73   Max: 7.75
Current: 1.32

During the past 13 years, Pico Far East Holdings's highest Days Inventory was 7.75. The lowest was 1.28. And the median was 5.73.

PCOFF's Days Inventory is ranked better than
92.53% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs PCOFF: 1.32

Pico Far East Holdings's Days Inventory declined from Oct. 2022 (2.47) to Oct. 2023 (1.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pico Far East Holdings's Inventory Turnover for the six months ended in Oct. 2023 was 143.37.

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. Pico Far East Holdings's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.00.


Pico Far East Holdings Days Inventory Historical Data

The historical data trend for Pico Far East 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.

* Premium members only.

Pico Far East Holdings Days Inventory Chart

Pico Far East Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 4.82 3.02 2.17 1.28

Pico Far East Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 2.75 2.47 1.40 1.27

Competitive Comparison of Pico Far East Holdings's Days Inventory

For the Advertising Agencies subindustry, Pico Far East 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.


Pico Far East Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pico Far East Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pico Far East Holdings's Days Inventory falls into.



Pico Far East Holdings Days Inventory Calculation

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

Pico Far East Holdings's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (1.686 + 1.659) / 2 ) / 477.64*365
=1.6725 / 477.64*365
=1.28

Pico Far East Holdings's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (1.812 + 1.659) / 2 ) / 248.819*365 / 2
=1.7355 / 248.819*365 / 2
=1.27

* 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.


Pico Far East Holdings  (OTCPK:PCOFF) 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.

Pico Far East Holdings's Inventory Turnover for the six months ended in Oct. 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.

Pico Far East Holdings's Inventory to Revenue for the six months ended in Oct. 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.


Pico Far East Holdings Days Inventory Related Terms

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


Pico Far East Holdings (Pico Far East Holdings) Business Description

Traded in Other Exchanges
Address
Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.

Pico Far East Holdings (Pico Far East Holdings) Headlines

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