GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Paragon Care Ltd (FRA:PXS) » Definitions » Days Inventory

Paragon Care (FRA:PXS) Days Inventory : 12.52 (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Paragon Care Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Paragon Care's Average Total Inventories for the six months ended in Jun. 2024 was €114 Mil. Paragon Care's Cost of Goods Sold for the six months ended in Jun. 2024 was €1,666 Mil. Hence, Paragon Care's Days Inventory for the six months ended in Jun. 2024 was 12.52.

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

FRA:PXS' s Days Inventory Range Over the Past 10 Years
Min: 18.93   Med: 123.37   Max: 171.81
Current: 18.93

During the past 13 years, Paragon Care's highest Days Inventory was 171.81. The lowest was 18.93. And the median was 123.37.

FRA:PXS's Days Inventory is ranked better than
91% of 100 companies
in the Medical Distribution industry
Industry Median: 59.395 vs FRA:PXS: 18.93

Paragon Care's Days Inventory declined from Jun. 2023 (128.04) to Jun. 2024 (12.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Paragon Care's Inventory Turnover for the six months ended in Jun. 2024 was 14.57.

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. Paragon Care's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.07.


Paragon Care Days Inventory Historical Data

The historical data trend for Paragon Care'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.

Paragon Care Days Inventory Chart

Paragon Care Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.72 121.20 126.66 119.69 24.28

Paragon Care Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 115.82 116.57 128.04 124.50 12.52

Competitive Comparison of Paragon Care's Days Inventory

For the Medical Distribution subindustry, Paragon Care'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.


Paragon Care's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Paragon Care's Days Inventory distribution charts can be found below:

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



Paragon Care Days Inventory Calculation

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

Paragon Care's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (39.454 + 189.832) / 2 ) / 1723.124*365
=114.643 / 1723.124*365
=24.28

Paragon Care's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (38.759 + 189.832) / 2 ) / 1665.513*365 / 2
=114.2955 / 1665.513*365 / 2
=12.52

* 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.


Paragon Care  (FRA:PXS) 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.

Paragon Care's Inventory Turnover for the six months ended in Jun. 2024 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.

Paragon Care's Inventory to Revenue for the six months ended in Jun. 2024 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.


Paragon Care Days Inventory Related Terms

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


Paragon Care Business Description

Traded in Other Exchanges
Address
77-97 Ricketts Road, Mount Waverley, VIC, AUS, 3149
Paragon Care Ltd is a medical device company. It is a provider of medical equipment, devices, and consumables to the healthcare market. The company provides solutions to various healthcare markets Aged care; Hospital and Acute care; Primary Care; Eye Care; Storage Solutions; and E-Health. The group is organized into four operating segments: Diagnostic and Scientific, Devices, Capital and Consumables, and Service and Technology and the majority of its revenues are generated from services and technology.