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Precision Auto Care (Precision Auto Care) Days Inventory : 20.25 (As of Mar. 2017)


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What is Precision Auto Care Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Precision Auto Care's Average Total Inventories for the three months ended in Mar. 2017 was $1.37 Mil. Precision Auto Care's Cost of Goods Sold for the three months ended in Mar. 2017 was $6.16 Mil. Hence, Precision Auto Care's Days Inventory for the three months ended in Mar. 2017 was 20.25.

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

PACI's Days Inventory is not ranked *
in the Personal Services industry.
Industry Median: 15.985
* Ranked among companies with meaningful Days Inventory only.

Precision Auto Care's Days Inventory increased from Mar. 2016 (18.37) to Mar. 2017 (20.25). It might indicate that Precision Auto Care's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Precision Auto Care's Inventory Turnover for the three months ended in Mar. 2017 was 4.51.

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. Precision Auto Care's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.18.

Precision Auto Care Days Inventory Historical Data

The historical data trend for Precision Auto 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.

Precision Auto Care Days Inventory Chart

Precision Auto Care Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun14 Jun15 Jun16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 15.42 14.59 15.79

Precision Auto Care Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 18.37 16.86 16.87 20.54 20.25

Competitive Comparison of Precision Auto Care's Days Inventory

For the Personal Services subindustry, Precision Auto 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.

Precision Auto Care's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Precision Auto Care's Days Inventory distribution charts can be found below:

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


Precision Auto Care Days Inventory Calculation

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

Precision Auto Care's Days Inventory for the fiscal year that ended in Jun. 2016 is calculated as

Days Inventory (A: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2015 ) + Total Inventories (A: Jun. 2016 )) / count ) / Cost of Goods Sold (A: Jun. 2016 )*Days in Period
=( (0.847 + 1.053) / 2 ) / 21.964*365
=0.95 / 21.964*365
=15.79

Precision Auto Care's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (1.57 + 1.164) / 2 ) / 6.16*365 / 4
=1.367 / 6.16*365 / 4
=20.25

* 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.

Precision Auto Care  (OTCPK:PACI) 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.

Precision Auto Care's Inventory Turnover for the three months ended in Mar. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6.16 / 1.367
=4.51

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.

Precision Auto Care's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.367 / 7.612
=0.18

* 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.

Precision Auto Care Days Inventory Related Terms

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

Precision Auto Care (Precision Auto Care) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Precision Auto Care Inc (OTCPK:PACI) » Definitions » Days Inventory
Comparable Companies
HKSE:08199 TSE:2424 OSTO:ATIC ASX:AHX TSE:7062 TSE:6186 TSE:6181 OHEL:FONDIA TSE:6060 TSE:4679 TSE:2300 TSE:7502 TSE:2417 TSE:9439 TSE:6574 TSE:2437 AMIH ASX:MFD HKSE:03997 STON
Traded in Other Exchanges
N/A
Address
Website
http://www.precisiontune.com
Precision Auto Care Inc provides automotive maintenance services. The company's operations include Precision Tune Auto Care, an international franchisor of automotive service centers; Precision Auto Wash, an operator and franchisor of self-service car wash centers; and Precision Lube Express, an operator and franchisor of oil change and lube centers. Precision Auto Care also distributes automotive parts, equipment, and supplies.