Petards Group (LSE:PEG) Days Inventory : 136.39 (As of Dec. 2023)

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What is Petards Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Petards Group's Average Total Inventories for the six months ended in Dec. 2023 was £1.76 Mil. Petards Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.35 Mil. Hence, Petards Group's Days Inventory for the six months ended in Dec. 2023 was 136.39.

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

LSE:PEG' s Days Inventory Range Over the Past 10 Years
Min: 62.68 Med: 99.38 Max: 139.78
Current: 139.46

During the past 13 years, Petards Group's highest Days Inventory was 139.78. The lowest was 62.68. And the median was 99.38.

LSE:PEG's Days Inventory is ranked worse than
82.72% of 683 companies
in the Business Services industry
Industry Median: 28.18 vs LSE:PEG: 139.46

Petards Group's Days Inventory increased from Dec. 2022 (120.12) to Dec. 2023 (136.39). It might indicate that Petards Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petards Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.34.

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. Petards Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.35.

Petards Group Days Inventory Historical Data

The historical data trend for Petards 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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Petards Group Days Inventory Chart

Petards Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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100.43

106.01

98.32

119.84

139.78

Petards Group 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															141.53	102.52	120.12	142.26	136.39

Competitive Comparison of Petards Group's Days Inventory

For the Security & Protection Services subindustry, Petards 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.

Petards Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Petards Group's Days Inventory distribution charts can be found below:

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

Petards Group Days Inventory Calculation

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

Petards 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
=	( (1.841	+	1.735)	/	2 )	/	4.669	*	365
=	1.788					/	4.669	*	365
=	139.78

Petards 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
=	( (1.776	+	1.735)	/	2 )	/	2.349	*	365 / 2
=	1.7555					/	2.349	*	365 / 2
=	136.39

Petards Group (LSE:PEG) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.349	/	1.7555
	=	1.34

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.7555	/	5.021
	=	0.35

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.

Petards Group Days Inventory Related Terms

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

Petards Group (LSE:PEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Petards Group PLC (LSE:PEG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PEG.GB:UK

Address

32 London Road, Parallel House, Guildford, Surrey, GBR, GU1 2AB

Website

https://www.petards.com

Petards Group PLC is a security and surveillance systems supplier. The company's operating segment is the Development, Supply, and Maintenance of Technologies used in the security, surveillance, and ruggedized electronic applications segment in the Rail, Traffic, and Defence segment. The company serves the transport, defense, and emergency services market offering software-driven onboard digital video and sensor systems, electronic defensive countermeasure systems, threat simulation systems, and mobile radios. The geographical segments of the company are the United Kingdom, Continental Europe, and the Rest of the World, of which maximum revenue is generated from the United Kingdom.