PGTK (Pacific Green Technologies) Days Inventory: 105.70 (As of Dec. 2024)

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What is Pacific Green Technologies Days Inventory?

Pacific Green Technologies PGTK Days Inventory is 105.70 as of Dec. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Pacific Green Technologies's Average Total Inventories for the three months ended in Dec. 2024 was $1.68 Mil. Pacific Green Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was $1.45 Mil. Hence, Pacific Green Technologies's Days Inventory for the three months ended in Dec. 2024 was 105.70.

The historical rank and industry rank for Pacific Green Technologies's Days Inventory or its related term are showing as below:

PGTK's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.51
* Ranked among companies with meaningful Days Inventory only.

Pacific Green Technologies's Days Inventory increased from Dec. 2023 (48.33) to Dec. 2024 (105.70). It might indicate that Pacific Green Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pacific Green Technologies's Inventory Turnover for the three months ended in Dec. 2024 was 0.86.

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. Pacific Green Technologies's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.10.


Pacific Green Technologies  (OTCPK:PGTK) 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.

Pacific Green Technologies's Inventory Turnover for the three months ended in Dec. 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.

Pacific Green Technologies's Inventory to Revenue for the three months ended in Dec. 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.


Pacific Green Technologies Days Inventory Related Terms


Pacific Green Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for Pacific Green Technologies'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.

Pacific Green Technologies Days Inventory Chart

Pacific Green Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 46.62 28.41 38.81

Pacific Green Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 48.33 77.11 55.67 44.28 105.70

PGTK vs DEVS, QWTR, EESH: Days Inventory Comparison

For the Pollution & Treatment Controls subindustry, Pacific Green Technologies'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.


Pacific Green Technologies Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pacific Green Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pacific Green Technologies's Days Inventory falls into.



Pacific Green Technologies Days Inventory Calculation

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

Pacific Green Technologies's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.326 + 0.919) / 2 ) / 5.854*365
=0.6225 / 5.854*365
=38.81

Pacific Green Technologies's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.951 + 2.406) / 2 ) / 1.449*365 / 4
=1.6785 / 1.449*365 / 4
=105.70

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 105.70 mean?
Pacific Green Technologies (PGTK) has a Days Inventory of 105.70 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Pacific Green Technologies and its competitors.
Is Pacific Green Technologies' Days Inventory too high?
Pacific Green Technologies' current Days Inventory is 105.70. The Industrial Products industry median Days Inventory is 119.51. Pacific Green Technologies' value of 105.70 is 11.6% below this industry median.
How does Pacific Green Technologies' Days Inventory compare to DEVS and QWTR?
Pacific Green Technologies' Days Inventory of 105.70 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.51. Pacific Green Technologies' value of 105.70 is 11.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,972 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pacific Green Technologies's current Days Inventory of 105.70 is 11.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Pacific Green Technologies and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Green Technologies's current Days Inventory is 105.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Green Technologies stock overvalued right now?
Pacific Green Technologies (PGTK) has a current Days Inventory of 105.70. The current Days Inventory is 105.70 and 11.6% below the Industrial Products industry median of 119.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Pacific Green Technologies (PGTK), the current Days Inventory is 105.70 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pacific Green Technologies Business Description

Address 8 The Green, Suite 10212, Dover, DE, USA, 19901
Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.