Paragon Technologies (Paragon Technologies) Inventory Turnover : 3.44 (As of Dec. 2008)

View and export this data going back to . Start your Free Trial

What is Paragon Technologies Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Paragon Technologies's Cost of Goods Sold for the three months ended in Dec. 2008 was $2.58 Mil. Paragon Technologies's Average Total Inventories for the quarter that ended in Dec. 2008 was $0.75 Mil. Paragon Technologies's Inventory Turnover for the quarter that ended in Dec. 2008 was 3.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paragon Technologies's Days Inventory for the three months ended in Dec. 2008 was 26.53.

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. Paragon Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2008 was 0.20.

Paragon Technologies Inventory Turnover Historical Data

The historical data trend for Paragon Technologies's Inventory Turnover 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.

Paragon Technologies Inventory Turnover Chart

Paragon Technologies Annual Data

Trend

Feb99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Inventory Turnover

Get a 7-Day Free Trial

10.13

34.89

30.73

24.44

15.08

Paragon Technologies Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Inventory Turnover	Get a 7-Day Free Trial															4.48	4.33	4.10	3.24	3.44

Paragon Technologies Inventory Turnover Calculation

Paragon Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2008 is calculated as

	Inventory Turnover (A: Dec. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2008 )	/ (	(Total Inventories (A: Dec. 2007 )	+	Total Inventories (A: Dec. 2008 ))	/	count )
=	11.793	/ (	(0.859	+	0.705)	/	2 )
=	11.793	/	0.782
=	15.08

Paragon Technologies's Inventory Turnover for the quarter that ended in Dec. 2008 is calculated as

	Inventory Turnover (Q: Dec. 2008 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2008 )	/ (	(Total Inventories (Q: Sep. 2008 )	+	Total Inventories (Q: Dec. 2008 ))	/	count )
=	2.576	/ (	(0.793	+	0.705)	/	2 )
=	2.576	/	0.749
=	3.44

Paragon Technologies (OTCPK:PGNT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Paragon Technologies's Days Inventory for the three months ended in Dec. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2008 )	/	Cost of Goods Sold (Q: Dec. 2008 )	*	Days in Period
	=	0.749	/	2.576	*	365 / 4
	=	26.53

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.

Paragon Technologies's Inventory to Revenue for the quarter that ended in Dec. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2008 )	/	Revenue (Q: Dec. 2008 )
	=	0.749	/	3.817
	=	0.20

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Paragon Technologies Inventory Turnover Related Terms

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

Paragon Technologies (Paragon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Paragon Technologies Inc (OTCPK:PGNT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Larry Holmes Drive, Suite 500, Easton, PA, USA, 18042

Website

https://www.pgntgroup.com

Paragon Technologies Inc through its subsidiary provides a variety of material handling solutions including systems, technologies, products and services for material flow applications as well as information technology hardware product distribution. The company's segment includes automation, distribution, and real estate investments. It generates maximum revenue from the distribution segment. Geographical Markets include North America, Latin America, Europe and Asia, out of which the majority is from Latin America. The distribution segment distributes IT equipment, consumer electronics, and appliances to businesses, retailers and e-tailers. Additionally, it also provides business services such as printing, electronic document management, electronic invoicing and storage solutions.

Executives

Anthony W Schweiger

director

240 TRIANON LANE, VILLANOVA PA 19085