Prodways Group (FRA:5PD) Days Inventory : 92.39 (As of Dec. 2023)

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What is Prodways Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Prodways Group's Average Total Inventories for the six months ended in Dec. 2023 was €7.40 Mil. Prodways Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.62 Mil. Hence, Prodways Group's Days Inventory for the six months ended in Dec. 2023 was 92.39.

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

FRA:5PD' s Days Inventory Range Over the Past 10 Years
Min: 66.83 Med: 86.69 Max: 226.88
Current: 80.37

During the past 10 years, Prodways Group's highest Days Inventory was 226.88. The lowest was 66.83. And the median was 86.69.

FRA:5PD's Days Inventory is ranked better than
63.14% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs FRA:5PD: 80.37

Prodways Group's Days Inventory increased from Dec. 2022 (75.39) to Dec. 2023 (92.39). It might indicate that Prodways Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Prodways Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.98.

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. Prodways Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.23.

Prodways Group Days Inventory Historical Data

The historical data trend for Prodways 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.

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Prodways Group Days Inventory Chart

Prodways Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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80.97

92.41

67.88

71.45

76.97

Prodways Group Semi-Annual Data
	Dec14	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													63.12	68.88	75.39	75.10	92.39

Competitive Comparison of Prodways Group's Days Inventory

For the Computer Hardware subindustry, Prodways 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.

Prodways Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Prodways Group's Days Inventory distribution charts can be found below:

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

Prodways Group Days Inventory Calculation

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

Prodways Group'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
=	( (9.157	+	6.141)	/	2 )	/	36.273	*	365
=	7.649					/	36.273	*	365
=	76.97

Prodways Group'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
=	( (8.662	+	6.141)	/	2 )	/	14.621	*	365 / 2
=	7.4015					/	14.621	*	365 / 2
=	92.39

Prodways Group (FRA:5PD) 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.

Prodways Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.621	/	7.4015
	=	1.98

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.

Prodways Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.4015	/	31.534
	=	0.23

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.

Prodways Group Days Inventory Related Terms

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

Prodways Group (FRA:5PD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prodways Group SA (FRA:5PD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PRWYF:USA PWG:France

Address

30 rue de Gramont, Paris, FRA, 75002

Website

https://www.prodways-group.com

Prodways Group SA is a France-based company engaged in providing 3D printing solutions. The company offers printing machinery for jewelry, footwear, industrial design, architecture, engineering and construction, and automotive sectors. It operates through two business segments: Products and Systems. The system segment includes Prodways, Prodways Americas, Prodways Materials, Deltamed, Exceltec, Prodways Rapid Additive Forging, Groupe Avenao and Solidscape. The product segment includes Initial, Cristal, Podo 3d, Prodways Conseil, Interson Protac, Varia 3d and Dentosmile. It generates maximum revenue from the Systems segment.

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