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Pactiv Evergreen Days Inventory

: 61.79 (As of Jun. 2021)
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Pactiv Evergreen's Total Inventories for the three months ended in Jun. 2021 was $814 Mil. Pactiv Evergreen's Cost of Goods Sold for the three months ended in Jun. 2021 was $1,202 Mil. Hence, Pactiv Evergreen's Days Inventory for the three months ended in Jun. 2021 was 61.79.

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

NAS:PTVE' s Days Inventory Range Over the Past 10 Years
Min: 54.96   Med: 61.66   Max: 113.69
Current: 69.62

54.96
113.69

During the past 8 years, Pactiv Evergreen's highest Days Inventory was 113.69. The lowest was 54.96. And the median was 61.66.

NAS:PTVE's Days Inventory is ranked lower than
99.99% of the 26 Companies
in the Packaging & Containers industry.

( Industry Median: 55.00 vs. NAS:PTVE: 69.62 )

Pactiv Evergreen's Days Inventory declined from Jun. 2020 (88.76) to Jun. 2021 (61.79).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pactiv Evergreen's Inventory Turnover for the three months ended in Jun. 2021 was 1.48.

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. Pactiv Evergreen's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.60.


Pactiv Evergreen Days Inventory Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Premium Member Only Premium Member Only Premium Member Only 55.40 61.66 113.69 90.91 70.67

Pactiv Evergreen Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 88.76 74.33 70.63 69.13 61.79

Competitive Comparison

For the Packaging & Containers subindustry, Pactiv Evergreen'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.

   

Pactiv Evergreen Days Inventory Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Pactiv Evergreen's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pactiv Evergreen's Days Inventory falls into.



Pactiv Evergreen Days Inventory Calculation

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

Pactiv Evergreen's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (753 + 784) / 2 ) / 3969*365
=768.5 / 3969*365
=70.67

Pactiv Evergreen's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (816 + 812) / 2 ) / 1202*365 / 4
=814 / 1202*365 / 4
=61.79

* 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.


Pactiv Evergreen  (NAS:PTVE) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Pactiv Evergreen's Days Sales of Inventory for the three months ended in Jun. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=814/1352*365 / 4
=54.94

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Pactiv Evergreen's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

3. 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.

Pactiv Evergreen's Inventory to Revenue for the three months ended in Jun. 2021 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.


Pactiv Evergreen Days Inventory Related Terms

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


Pactiv Evergreen Business Description

Pactiv Evergreen logo
Industry
Comparable Companies
Traded in Other Exchanges
Address
1900 W. Field Court, Lake Forest, IL, USA, 60045
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh food service and food merchandising products and fresh beverage cartons. The products are supplied to food service distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, food packers, and food processors. Its operating segment includes Foodservice; Food Merchandising and Beverage Merchandising. The company derives a majority of revenue from the Food Merchandising segment. Geographically, it derives a majority of revenue from the United States.
Executives
Rich Jonathan D director 1144 EAST MARKET STREET AKRON OH 44316-0001
Baker Leighanne G director 225 BRAE BOULEVARD PARK RIDGE NJ 07656
Thornton Felicia D director 250 PARKCENTER BLVD PO BOX 20 BOISE ID 83726
Mcgrath John T. director, officer: Chief Executive Officer 1900 W. FIELD COURT LAKE FOREST IL 60045
Hugli Allen director C/O RANK GROUP LEVEL II, 148 QUAY ST AUCKLAND Q2 00000
Rooney John P. officer: Pres, Beverage Merchandising 1900 W. FIELD COURT LAKE FOREST IL 60045
Ragen Michael officer: COO and CFO 1900 W. FIELD COURT LAKE FOREST IL 60045
Stangl Rolf director 1900 W. FIELD COURT LAKE FOREST IL 60045
Wulf Eric officer: President, Food Merchandising 1900 W. FIELD COURT LAKE FOREST IL 60045
Levenda Tim A. officer: President, Foodservice 1900 W. FIELD COURT LAKE FOREST IL 60045
Packaging Finance Ltd 10 percent owner C/O RANK GROUP LIMITED FLOOR 9, 148 QUAY STREET AUCKLAND Q2 1010
King Michael Jack director 1900 W. FIELD COURT LAKE FOREST IL 60045

Pactiv Evergreen Headlines

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