PROG Holdings (PROG Holdings) Days Inventory : 0.00 (As of Mar. 2024)

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What is PROG Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PROG Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $595 Mil. PROG Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $0 Mil.

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

During the past 13 years, PROG Holdings's highest Days Inventory was 1516.42. The lowest was 1007.08. And the median was 1205.84.

PRG's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.11
* Ranked among companies with meaningful Days Inventory only.

PROG Holdings's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. PROG Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.00.

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. PROG Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.93.

PROG Holdings Days Inventory Historical Data

The historical data trend for PROG Holdings'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.

PROG Holdings Days Inventory Chart

PROG Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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PROG Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of PROG Holdings's Days Inventory

For the Rental & Leasing Services subindustry, PROG Holdings'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.

PROG Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PROG Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where PROG Holdings's Days Inventory falls into.

PROG Holdings Days Inventory Calculation

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

PROG Holdings'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
=	( (648.043	+	633.427)	/	2 )	/	0	*	365
=	640.735					/	0	*	365
=	N/A

PROG Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (633.427	+	557.419)	/	2 )	/	0	*	365 / 4
=	595.423					/	0	*	365 / 4
=	N/A

PROG Holdings (NYSE:PRG) 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.

PROG Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	595.423
	=	0.00

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.

PROG Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	595.423	/	641.87
	=	0.93

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.

PROG Holdings Days Inventory Related Terms

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

PROG Holdings (PROG Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PROG Holdings Inc (NYSE:PRG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AZD:Germany

Address

256 West Data Drive, Draper, UT, USA, 84020-2315

Website

https://www.progholdings.com

PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The Company has two reportable segments: (i) Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and (ii) Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the progressive leasing segment.

Executives

Michael Todd King	officer: Chief Legal and Compliance Off	256 WEST DATA DRIVE, DRAPER UT 84020
Thomas Eugene Vin Iv	officer: General Counsel and Corp Sec	632 NORTH TARA COURT, WHICHITA KS 67206
Brian Garner	officer: Chief Financial Officer	256 WEST DATA DR, DRAPER UT 84020
Curtis Linn Doman	director, officer: Chief Innovation Officer-PROG	256 DATA DR, DRAPER UT 84020
Steven A Michaels	director, officer: CEO	256 DATA DR, DRAPER UT 84020
Ramon Michael Martinez	director	256 WEST DATA DRIVE, DRAPER UT 84020
Caroline Sio-chin Sheu	director	256 WEST DATA DRIVE, DRAPER UT 84020
Douglas C Curling	director	1000 ALDERMAN DRIVE, ALPHARETTA GA 30005
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Kathy T Betty	director	309 E. PACES FERRY ROAD, ATLANTA GA 30305
Cynthia N Day	director	75 PIEDMONT AVE, ATLANTA GA 30303
James P. Smith	director	256 WEST DATA DRIVE, DRAPER UT 84020
George M Sewell	officer: Principal Acct Off, VP Fin Rep	256 WEST DATA DR, DRAPER UT 84020
Blake Wakefield	officer: President, Chief Revenue Off	256 WEST DATA DR, DRAPER UT 84020
Marvin A Fentress	officer: General Counsel, Corp Sec	256 WEST DATA DR, DRAPER UT 84020