PTB Group (ASX:PTB) Days Inventory : 284.16 (As of Jun. 2022)

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What is PTB Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PTB Group's Average Total Inventories for the six months ended in Jun. 2022 was A$62.4 Mil. PTB Group's Cost of Goods Sold for the six months ended in Jun. 2022 was A$40.1 Mil. Hence, PTB Group's Days Inventory for the six months ended in Jun. 2022 was 284.16.

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

ASX:PTB's Days Inventory is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 141.995
* Ranked among companies with meaningful Days Inventory only.

PTB Group's Days Inventory declined from Jun. 2021 (374.37) to Jun. 2022 (284.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. PTB Group's Inventory Turnover for the six months ended in Jun. 2022 was 0.64.

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. PTB Group's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.90.

PTB Group Days Inventory Historical Data

The historical data trend for PTB Group'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.

PTB Group Days Inventory Chart

PTB Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Inventory

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366.05

269.54

304.80

450.22

300.34

PTB Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Inventory	Get a 7-Day Free Trial															237.24	518.90	374.37	316.75	284.16

Competitive Comparison of PTB Group's Days Inventory

For the Aerospace & Defense subindustry, PTB Group'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.

PTB Group's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PTB Group's Days Inventory distribution charts can be found below:

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

PTB Group Days Inventory Calculation

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

PTB Group's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

	Days Inventory (A: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (50.105	+	67.06)	/	2 )	/	71.195	*	365
=	58.5825					/	71.195	*	365
=	300.34

PTB Group's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (57.823	+	67.06)	/	2 )	/	40.103	*	365 / 2
=	62.4415					/	40.103	*	365 / 2
=	284.16

PTB Group (ASX:PTB) 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.

PTB Group's Inventory Turnover for the six months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.103	/	62.4415
	=	0.64

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.

PTB Group's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	62.4415	/	69.229
	=	0.90

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.

PTB Group Days Inventory Related Terms

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

PTB Group (ASX:PTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » PTB Group Ltd (ASX:PTB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Orient Avenue, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.pacificturbine.com.au

PTB Group Ltd is engaged in the aviation business in Brisbane, Australia. It operates in business segments that are PTB, which specializes in PT6 and TPE331 Turboprop engines; PT USA, which specializes in PT6 Turboprop engines, it repairs and sells PT6 engines, maintains related engines under contract, and trades in related engine parts; PT Leasing, which is an aircraft and engine owner and leases aircraft and engines to operators under both operating and finance leases; IAP, which covers the operations of the IAP Group Australia Pty Ltd trading in aircraft, jet aircraft engines, airframes, and related parts. The PT USA segment generates maximum revenue for the company.

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