Palla Pharma (ASX:PAL) Days Inventory : 627.42 (As of Jun. 2021)

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What is Palla Pharma Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Palla Pharma's Average Total Inventories for the six months ended in Jun. 2021 was A$25.86 Mil. Palla Pharma's Cost of Goods Sold for the six months ended in Jun. 2021 was A$7.52 Mil. Hence, Palla Pharma's Days Inventory for the six months ended in Jun. 2021 was 627.42.

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

ASX:PAL's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.22
* Ranked among companies with meaningful Days Inventory only.

Palla Pharma's Days Inventory increased from Jun. 2020 (624.47) to Jun. 2021 (627.42). It might indicate that Palla Pharma's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Palla Pharma's Inventory Turnover for the six months ended in Jun. 2021 was 0.29.

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. Palla Pharma's Inventory-to-Revenue for the six months ended in Jun. 2021 was 3.66.

Palla Pharma Days Inventory Historical Data

The historical data trend for Palla Pharma'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.

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Palla Pharma Days Inventory Chart

Palla Pharma Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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446.37

293.59

279.63

258.49

552.15

Palla Pharma Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Days Inventory	Get a 7-Day Free Trial							316.51	294.93	624.47	548.80	627.42

Competitive Comparison of Palla Pharma's Days Inventory

For the Farm Products subindustry, Palla Pharma'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.

Palla Pharma's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Palla Pharma's Days Inventory distribution charts can be found below:

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

Palla Pharma Days Inventory Calculation

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

Palla Pharma'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
=	( (22.149	+	26.891)	/	2 )	/	16.209	*	365
=	24.52					/	16.209	*	365
=	552.15

Palla Pharma'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: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (26.891	+	24.836)	/	2 )	/	7.523	*	365 / 2
=	25.8635					/	7.523	*	365 / 2
=	627.42

Palla Pharma (ASX:PAL) 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.

Palla Pharma's Inventory Turnover for the six months ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.523	/	25.8635
	=	0.29

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.

Palla Pharma's Inventory to Revenue for the six months ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.8635	/	7.058
	=	3.66

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.

Palla Pharma Days Inventory Related Terms

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

Palla Pharma (ASX:PAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Palla Pharma Ltd (ASX:PAL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/- Mertons Corporate Services, 330 Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

http://www.tpienterprises.com

Palla Pharma Ltd is a licensed poppy processor in Australia. It is engaged in producing narcotic raw material for the international pharmaceutical industry. It also supplies narcotic raw material and culinary poppy seed.

Palla Pharma (ASX:PAL) Headlines

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