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Perennial International (Perennial International) Days Inventory : 204.27 (As of Dec. 2023)


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What is Perennial International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perennial International's Average Total Inventories for the six months ended in Dec. 2023 was HK$114.2 Mil. Perennial International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$102.0 Mil. Hence, Perennial International's Days Inventory for the six months ended in Dec. 2023 was 204.27.

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

PNNLF' s Days Inventory Range Over the Past 10 Years
Min: 108.37   Med: 133.55   Max: 229.04
Current: 209.85

During the past 13 years, Perennial International's highest Days Inventory was 229.04. The lowest was 108.37. And the median was 133.55.

PNNLF's Days Inventory is ranked worse than
78.26% of 2907 companies
in the Industrial Products industry
Industry Median: 119.76 vs PNNLF: 209.85

Perennial International's Days Inventory declined from Dec. 2022 (287.57) to Dec. 2023 (204.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Perennial International's Inventory Turnover for the six months ended in Dec. 2023 was 0.89.

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. Perennial International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.77.


Perennial International Days Inventory Historical Data

The historical data trend for Perennial International'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.

Perennial International Days Inventory Chart

Perennial International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.37 180.78 173.39 229.04 215.51

Perennial International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 192.19 206.42 287.57 209.45 204.27

Competitive Comparison of Perennial International's Days Inventory

For the Electrical Equipment & Parts subindustry, Perennial International'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.


Perennial International's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perennial International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Perennial International's Days Inventory falls into.



Perennial International Days Inventory Calculation

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

Perennial International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (146.106 + 110.269) / 2 ) / 217.101*365
=128.1875 / 217.101*365
=215.51

Perennial International's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (118.08 + 110.269) / 2 ) / 102.004*365 / 2
=114.1745 / 102.004*365 / 2
=204.27

* 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.


Perennial International  (OTCPK:PNNLF) 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.

Perennial International's Inventory Turnover for the six 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.

Perennial International's Inventory to Revenue for the six 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.


Perennial International Days Inventory Related Terms

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


Perennial International (Perennial International) Business Description

Traded in Other Exchanges
Address
1 Science Museum Road, Units 2002-2006, 20th Floor, Greenfield Tower, Concordia Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG
Perennial International Ltd is investment holding. Its subsidiaries are principally engaged in the manufacturing and trading of electric cable and wire products. Geographically the company generates revenue from Hong Kong, Mainland China, America, Japan and Other countries. The majority of the company's revenue is earned in America.

Perennial International (Perennial International) Headlines

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