PRAC (Productivity Technologies) Days Inventory: 21.86 (As of Mar. 2005)


What is Productivity Technologies Days Inventory?

Productivity Technologies PRAC -3.70% Days Inventory is 21.86 as of Mar. 2005.

Days Inventory is also known as Days Sales of Inventory (DSI). Productivity Technologies's Average Total Inventories for the three months ended in Mar. 2005 was $1.16 Mil. Productivity Technologies's Cost of Goods Sold for the three months ended in Mar. 2005 was $4.84 Mil. Hence, Productivity Technologies's Days Inventory for the three months ended in Mar. 2005 was 21.86.

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

PRAC's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

Productivity Technologies's Days Inventory increased from Mar. 2003 (20.55) to Mar. 2005 (21.86). It might indicate that Productivity Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Productivity Technologies's Inventory Turnover for the three months ended in Mar. 2005 was 4.18.

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. Productivity Technologies's Inventory-to-Revenue for the three months ended in Mar. 2005 was 0.19.

Productivity Technologies  (OTCPK:PRAC) 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.

Productivity Technologies's Inventory Turnover for the three months ended in Mar. 2005 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.837 / 1.1585
=4.18

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.

Productivity Technologies's Inventory to Revenue for the three months ended in Mar. 2005 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.1585 / 6.169
=0.19

* 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.

Productivity Technologies Days Inventory Related Terms

Productivity Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for Productivity 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.

Productivity Technologies Days Inventory Chart

Productivity Technologies Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun04
Days Inventory
Get a 7-Day Free Trial 9.52 18.38 27.85 26.73 20.02

Productivity Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun04 Sep04 Dec04 Mar05
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 20.55 0.00 23.70 23.32 21.86

PRAC vs TNRG: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Productivity 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.

Productivity Technologies Days Inventory vs Industrial Products Industry

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

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


Productivity Technologies Days Inventory Calculation

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

Productivity Technologies's Days Inventory for the fiscal year that ended in Jun. 2004 is calculated as

Days Inventory (A: Jun. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2002 ) + Total Inventories (A: Jun. 2004 )) / count ) / Cost of Goods Sold (A: Jun. 2004 )*Days in Period
=( (1.211 + 1.152) / 2 ) / 21.537*365
=1.1815 / 21.537*365
=20.02

Productivity Technologies's Days Inventory for the quarter that ended in Mar. 2005 is calculated as:

Days Inventory (Q: Mar. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2004 ) + Total Inventories (Q: Mar. 2005 )) / count ) / Cost of Goods Sold (Q: Mar. 2005 )*Days in Period
=( (1.078 + 1.239) / 2 ) / 4.837*365 / 4
=1.1585 / 4.837*365 / 4
=21.86

* 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 21.86 mean?
Productivity Technologies (PRAC) has a Days Inventory of 21.86 as of Mar. 2005. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Productivity Technologies and its competitors.
Is Productivity Technologies' Days Inventory too high?
Productivity Technologies' current Days Inventory is 21.86. The Industrial Products industry median Days Inventory is 119.47. Productivity Technologies' value of 21.86 is 81.7% below this industry median.
How does Productivity Technologies' Days Inventory compare to TNRG?
Productivity Technologies' Days Inventory of 21.86 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. Productivity Technologies' value of 21.86 is 81.7% 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 119.47, based on 2,963 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. Productivity Technologies's current Days Inventory of 21.86 is 81.7% 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 Productivity Technologies and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Productivity Technologies's current Days Inventory is 21.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Productivity Technologies stock overvalued right now?
Productivity Technologies (PRAC) has a current Days Inventory of 21.86. The current Days Inventory is 21.86 and 81.7% below the Industrial Products industry median of 119.47. 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 Productivity Technologies (PRAC), the current Days Inventory is 21.86 as of Mar. 2005. 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.

Productivity Technologies Business Description

Address 666 Dundee Road, Suite 300, Northbrook, IL, USA, 60062
Productivity Technologies Corp is a provider of production machinery, parking systems, and fabricated structures. It is a supplier of quick die change, flexible transfer, and stacking/destacking equipment used to automate metal forming operations. It is a leader in designing, manufacturing and installing fully mechanized automated parking systems. The company is also focused on fabricating shipping containers to support real estate development. This includes using shipping containers for office, retail and multi-family structures.