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Penske Automotive Group Days Inventory

: 62.92 (As of Mar. 2021)
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Penske Automotive Group's Total Inventories for the three months ended in Mar. 2021 was $3,352 Mil. Penske Automotive Group's Cost of Goods Sold for the three months ended in Mar. 2021 was $4,861 Mil. Hence, Penske Automotive Group's Days Inventory for the three months ended in Mar. 2021 was 62.92.

NYSE:PAG' s Days Inventory Range Over the Past 10 Years
Min: 58.53   Med: 71.58   Max: 81.27
Current: 71.83

58.53
81.27

During the past 13 years, Penske Automotive Group's highest Days Inventory was 81.27. The lowest was 58.53. And the median was 71.58.

NYSE:PAG's Days Inventory is ranked higher than
55% of the 1143 Companies
in the Vehicles & Parts industry.

( Industry Median: 78.73 vs. NYSE:PAG: 71.83 )

Penske Automotive Group's Days Inventory declined from Mar. 2020 (91.88) to Mar. 2021 (62.92).

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. Penske Automotive Group's Inventory Turnover for the three months ended in Mar. 2021 was 1.45.

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. Penske Automotive Group's Inventory-to-Revenue for the three months ended in Mar. 2021 was 0.58.


Penske Automotive Group Days Inventory Historical Data

* 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.

Penske Automotive Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.12 73.87 75.22 76.81 81.27

Penske Automotive Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 91.88 113.22 60.37 61.61 62.92

Competitive Comparison
* 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.


Penske Automotive Group Days Inventory Distribution

* The bar in red indicates where Penske Automotive Group's Days Inventory falls into.



Penske Automotive Group Days Inventory Calculation

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

Penske Automotive Group'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
=( (4260.7 + 3425.6) / 2 ) / 17259.4*365
=3843.15 / 17259.4*365
=81.27

Penske Automotive Group's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

Days Inventory (Q: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (3425.6 + 3277.8) / 2 ) / 4860.6*365 / 4
=3351.7 / 4860.6*365 / 4
=62.92

* 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.


Penske Automotive Group  (NYSE:PAG) 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).

Penske Automotive Group's Days Sales of Inventory for the three months ended in Mar. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=3351.7/5773.8*365 / 4
=52.97

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

Penske Automotive Group's Inventory Turnover for the three months ended in Mar. 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.

Penske Automotive Group's Inventory to Revenue for the three months ended in Mar. 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.


Penske Automotive Group Days Inventory Related Terms


Penske Automotive Group Days Inventory Headlines

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