Pargesa Holding (XSWX:PARG) Days Inventory : 198.29 (As of Jun. 2020)

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What is Pargesa Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pargesa Holding's Average Total Inventories for the six months ended in Jun. 2020 was CHF891 Mil. Pargesa Holding's Cost of Goods Sold for the six months ended in Jun. 2020 was CHF820 Mil. Hence, Pargesa Holding's Days Inventory for the six months ended in Jun. 2020 was 198.29.

The historical rank and industry rank for Pargesa Holding's Days Inventory or its related term are showing as below:

XSWX:PARG's Days Inventory is not ranked ^*
in the Conglomerates industry.
Industry Median: 73.45
* Ranked among companies with meaningful Days Inventory only.

Pargesa Holding's Days Inventory increased from Jun. 2019 (178.59) to Jun. 2020 (198.29). It might indicate that Pargesa Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pargesa Holding's Inventory Turnover for the six months ended in Jun. 2020 was 0.92.

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. Pargesa Holding's Inventory-to-Revenue for the six months ended in Jun. 2020 was 0.29.

Pargesa Holding Days Inventory Historical Data

The historical data trend for Pargesa Holding'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.

Pargesa Holding Days Inventory Chart

Pargesa Holding Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Inventory

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203.16

192.34

206.32

185.49

183.53

Pargesa Holding Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Days Inventory	Get a 7-Day Free Trial															188.77	188.86	178.59	188.59	198.29

Competitive Comparison of Pargesa Holding's Days Inventory

For the Conglomerates subindustry, Pargesa Holding'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.

Pargesa Holding's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Pargesa Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pargesa Holding's Days Inventory falls into.

Pargesa Holding Days Inventory Calculation

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

Pargesa Holding's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (1016.4	+	918.4)	/	2 )	/	1923.9	*	365
=	967.4					/	1923.9	*	365
=	183.53

Pargesa Holding's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

	Days Inventory (Q: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2019 )	+	Total Inventories (Q: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
=	( (918.4	+	862.8)	/	2 )	/	819.7	*	365 / 2
=	890.6					/	819.7	*	365 / 2
=	198.29

Pargesa Holding (XSWX:PARG) 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.

Pargesa Holding's Inventory Turnover for the six months ended in Jun. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	819.7	/	890.6
	=	0.92

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.

Pargesa Holding's Inventory to Revenue for the six months ended in Jun. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	890.6	/	3068.6
	=	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.

Pargesa Holding Days Inventory Related Terms

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

Pargesa Holding (XSWX:PARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Pargesa Holding SA (XSWX:PARG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Grand Rue, Geneva, CHE, 1204

Website

http://www.pargesa.ch

Pargesa Holding is a holding company. The company owns 50% of Groupe Bruxelles Lambert, a traded holding company with sizable investments in large European industrial firms such as LafargeHolcim, SGS, Imerys, and Adidas.

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