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PEC (STU:QPE) Days Inventory : 0.43 (As of Dec. 2023)


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What is PEC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PEC's Average Total Inventories for the six months ended in Dec. 2023 was €0.4 Mil. PEC's Cost of Goods Sold for the six months ended in Dec. 2023 was €158.7 Mil. Hence, PEC's Days Inventory for the six months ended in Dec. 2023 was 0.43.

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

STU:QPE' s Days Inventory Range Over the Past 10 Years
Min: 0.34   Med: 0.55   Max: 1
Current: 0.53

During the past 13 years, PEC's highest Days Inventory was 1.00. The lowest was 0.34. And the median was 0.55.

STU:QPE's Days Inventory is ranked better than
98.63% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs STU:QPE: 0.53

PEC's Days Inventory declined from Dec. 2022 (1.13) to Dec. 2023 (0.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. PEC's Inventory Turnover for the six months ended in Dec. 2023 was 422.70.

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. PEC's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


PEC Days Inventory Historical Data

The historical data trend for PEC'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.

PEC Days Inventory Chart

PEC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.34 0.66 0.97 0.88

PEC 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 0.99 1.27 1.13 0.64 0.43

Competitive Comparison of PEC's Days Inventory

For the Oil & Gas Equipment & Services subindustry, PEC'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.


PEC's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PEC's Days Inventory distribution charts can be found below:

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



PEC Days Inventory Calculation

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

PEC's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.728 + 0.412) / 2 ) / 236.316*365
=0.57 / 236.316*365
=0.88

PEC'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
=( (0.412 + 0.339) / 2 ) / 158.725*365 / 2
=0.3755 / 158.725*365 / 2
=0.43

* 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.


PEC  (STU:QPE) 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.

PEC'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.

PEC'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.


PEC Days Inventory Related Terms

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


PEC (STU:QPE) Business Description

Traded in Other Exchanges
Address
14 International Business Park, Singapore, SGP, 609922
PEC Ltd is a Singapore-based company, which is engaged in the provision of mechanical engineering and contracting services. Its segments are Project works, Plant maintenance and related services and Other operations. The Plant maintenance and related services segment is a key revenue driver, which relate to maintenance services provided to the oil and gas, petrochemical and chemical terminal industries. The project works segment relates to provision of engineering, procurement and construction services for certain aspects of plant projects, such as tankage and/or piping work, procurement to the oil and gas, pharmaceutical and oil and chemical terminal industries. Other operations segment relates to heat treatment, information technology services and construction equipment leasing services.

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