Days Inventory is also known as Days Sales of Inventory (DSI). PGG Wrightson's Average Total Inventories for the
six
months ended in Dec. 2023 was NZ$119.2 Mil. PGG Wrightson's Cost of Goods Sold for the
six
months ended in Dec. 2023 was NZ$425.2 Mil.
Hence, PGG Wrightson's Days Inventory for the
six
months ended in Dec. 2023 was 51.14.
The historical rank and industry rank for PGG Wrightson's Days Inventory or its related term are showing as below:
NZSE:PGW'
s Days Inventory Range Over the Past 10 Years
Min: 47.58 Med: 98.12 Max: 113.27
Current: 63.38
During the past 13 years, PGG Wrightson's highest Days Inventory was 113.27. The lowest was 47.58. And the median was 98.12.
NZSE:PGW's Days Inventory is ranked worse than 64.28% of 683
companies
in the Business Services industry
Industry Median: 28.18
vs NZSE:PGW: 63.38
PGG Wrightson's Days Inventory
increased
from Dec. 2022 (47.91) to Dec. 2023 (51.14).
It might indicate that PGG Wrightson's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
PGG Wrightson's Inventory Turnover for the
six
months ended in Dec. 2023 was 3.57.
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.
PGG Wrightson's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.21.
PGG Wrightson Days Inventory Historical Data
The historical data trend for PGG Wrightson'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.
Competitive Comparison of PGG Wrightson's Days Inventory
For the Specialty Business Services subindustry, PGG Wrightson'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.
PGG Wrightson's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, PGG Wrightson's Days Inventory distribution charts can be found below:
* The bar in red indicates where PGG Wrightson's Days Inventory falls into.
PGG Wrightson Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PGG Wrightson's Days Inventory for the fiscal year that ended in Jun. 2023 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.
PGG Wrightson (NZSE:PGW) 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.
PGG Wrightson's Inventory Turnover for the
six
months ended in Dec. 2023 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.
PGG Wrightson's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
PGG Wrightson Days Inventory Related Terms
Thank you for viewing the detailed overview of PGG Wrightson's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.
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