PMNT (Perfect Moment) Days Inventory : 313.62 (As of Jun. 2024)

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What is Perfect Moment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perfect Moment's Average Total Inventories for the three months ended in Jun. 2024 was $2.12 Mil. Perfect Moment's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.62 Mil. Hence, Perfect Moment's Days Inventory for the three months ended in Jun. 2024 was 313.62.

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

PMNT' s Days Inventory Range Over the Past 10 Years
Min: 51.36 Med: 67.87 Max: 116.26
Current: 68.18

During the past 5 years, Perfect Moment's highest Days Inventory was 116.26. The lowest was 51.36. And the median was 67.87.

PMNT's Days Inventory is ranked better than
77.91% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.19 vs PMNT: 68.18

Perfect Moment's Days Inventory declined from Jun. 2023 (412.70) to Jun. 2024 (313.62).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Perfect Moment's Inventory Turnover for the three months ended in Jun. 2024 was 0.29.

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. Perfect Moment's Inventory-to-Revenue for the three months ended in Jun. 2024 was 2.18.

Perfect Moment Days Inventory Historical Data

The historical data trend for Perfect Moment'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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Perfect Moment Days Inventory Chart

Perfect Moment Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

100.81

116.26

67.87

51.36

53.89

Perfect Moment Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial							412.70	80.02	44.98	84.05	313.62

Competitive Comparison of Perfect Moment's Days Inventory

For the Apparel Manufacturing subindustry, Perfect Moment'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.

Perfect Moment's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Perfect Moment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Perfect Moment's Days Inventory falls into.

Perfect Moment Days Inventory Calculation

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

Perfect Moment'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
=	( (2.262	+	2.23)	/	2 )	/	15.212	*	365
=	2.246					/	15.212	*	365
=	53.89

Perfect Moment'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: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2.23	+	2.018)	/	2 )	/	0.618	*	365 / 4
=	2.124					/	0.618	*	365 / 4
=	313.62

Perfect Moment (AMEX:PMNT) 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.

Perfect Moment's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.618	/	2.124
	=	0.29

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.

Perfect Moment's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.124	/	0.974
	=	2.18

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.

Perfect Moment Days Inventory Related Terms

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

Perfect Moment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Perfect Moment Ltd (AMEX:PMNT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

307 Canalot Studios, 222 Kensal Road, London, GBR, W10 5BN

Website

https://www.perfectmoment.com

Perfect Moment Ltd is a company which is a luxury lifestyle brand that combines fashion and technical performance for its ranges of skiwear, outerwear, swimwear and activewear. They operate at the intersection of luxury fashion and multi-channel commerce. Although the Company is organized fundamentally as one business segment which is product sales, the Company's revenues are primarily split between three geographic areas which are the US, Europe and the UK.