What is P.A.M. Transportation Services Days Inventory?
Days Inventory is also known as Days Sales of Inventory (DSI). P.A.M. Transportation Services's Average Total Inventories for the
three
months ended in Dec. 2023 was $2.5 Mil. P.A.M. Transportation Services's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $169.5 Mil.
Hence, P.A.M. Transportation Services's Days Inventory for the
three
months ended in Dec. 2023 was 1.32.
The historical rank and industry rank for P.A.M. Transportation Services's Days Inventory or its related term are showing as below:
PTSI'
s Days Inventory Range Over the Past 10 Years
Min: 0.89 Med: 1.23 Max: 1.76
Current: 1.3
During the past 13 years, P.A.M. Transportation Services's highest Days Inventory was 1.76. The lowest was 0.89. And the median was 1.23.
PTSI's Days Inventory is ranked better than 89.36% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs PTSI: 1.30
P.A.M. Transportation Services's Days Inventory
increased
from Dec. 2022 (1.11) to Dec. 2023 (1.32).
It might indicate that P.A.M. Transportation Services's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
P.A.M. Transportation Services's Inventory Turnover for the
three
months ended in Dec. 2023 was 68.87.
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.
P.A.M. Transportation Services's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.01.
P.A.M. Transportation Services Days Inventory Historical Data
The historical data trend for P.A.M. Transportation Services'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.
P.A.M. Transportation Services Days Inventory Chart
Competitive Comparison of P.A.M. Transportation Services's Days Inventory
For the Trucking subindustry, P.A.M. Transportation Services'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.
P.A.M. Transportation Services's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, P.A.M. Transportation Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where P.A.M. Transportation Services's Days Inventory falls into.
P.A.M. Transportation Services Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
P.A.M. Transportation Services's Days Inventory for the fiscal year that ended in Dec. 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.
P.A.M. Transportation Services (NAS:PTSI) 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.
P.A.M. Transportation Services's Inventory Turnover for the
three
months ended in Dec. 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.
P.A.M. Transportation Services's Inventory to Revenue for the
three
months ended in Dec. 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.
P.A.M. Transportation Services Days Inventory Related Terms
Thank you for viewing the detailed overview of P.A.M. Transportation Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description
P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.
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