PVNNF (PV Nano Cell) Days Inventory: 45.08 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PV Nano Cell Days Inventory?

PV Nano Cell PVNNF Days Inventory is 45.08 as of Dec. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). PV Nano Cell's Average Total Inventories for the six months ended in Dec. 2023 was $0.04 Mil. PV Nano Cell's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.33 Mil. Hence, PV Nano Cell's Days Inventory for the six months ended in Dec. 2023 was 22.54.

The historical rank and industry rank for PV Nano Cell's Days Inventory or its related term are showing as below:

PVNNF's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.07
* Ranked among companies with meaningful Days Inventory only.

PV Nano Cell's Days Inventory increased from Dec. 2021 (39.83) to Dec. 2023 (45.08). It might indicate that PV Nano Cell's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PV Nano Cell's Inventory Turnover for the six months ended in Dec. 2023 was 8.10.

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. PV Nano Cell's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.09.


PV Nano Cell  (OTCPK:PVNNF) 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.

PV Nano Cell'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.

PV Nano Cell'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.


PV Nano Cell Days Inventory Related Terms


PV Nano Cell Days Inventory Historical Data

* Premium members only.

The historical data trend for PV Nano Cell'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.

PV Nano Cell Days Inventory Chart

PV Nano Cell Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.81 46.62 39.83 24.29 45.08

PV Nano Cell Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 42.81 46.62 39.83 24.29 45.08

PVNNF vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, PV Nano Cell'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.


PV Nano Cell Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PV Nano Cell's Days Inventory distribution charts can be found below:

* The bar in red indicates where PV Nano Cell's Days Inventory falls into.



PV Nano Cell Days Inventory Calculation

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

PV Nano Cell's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.039 + 0.043) / 2 ) / 0.332*365
=0.041 / 0.332*365
=45.08

PV Nano Cell's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.039 + 0.043) / 2 ) / 0.332*365 / 2
=0.041 / 0.332*365 / 2
=22.54

* 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 45.08 mean?
PV Nano Cell (PVNNF) has a Days Inventory of 45.08 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PV Nano Cell and its competitors.
Is PV Nano Cell's Days Inventory too high?
PV Nano Cell's current Days Inventory is 45.08. The Chemicals industry median Days Inventory is 80.07. PV Nano Cell's value of 45.08 is 43.7% below this industry median.
How does PV Nano Cell's Days Inventory compare to LIN and SHW?
PV Nano Cell's Days Inventory of 45.08 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.07. PV Nano Cell's value of 45.08 is 43.7% 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 a Chemicals company?
The median Days Inventory among Chemicals companies is 80.07, based on 1,545 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. PV Nano Cell's current Days Inventory of 45.08 is 43.7% 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 PV Nano Cell and its competitors. For the Chemicals industry, the median Days Inventory is 80.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PV Nano Cell's current Days Inventory is 45.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PV Nano Cell stock overvalued right now?
PV Nano Cell (PVNNF) has a current Days Inventory of 45.08. The current Days Inventory is 45.08 and 43.7% below the Chemicals industry median of 80.07. 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 PV Nano Cell (PVNNF), the current Days Inventory is 45.08 as of Dec. 2023. 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.

PV Nano Cell Business Description

Address 8 Hamasger Street, P.O. Box 236, Migdal HaEmek, ISR, 2310102
PV Nano Cell Ltd is a conductive ink manufacturing company. It is engaged in developing, manufacturing, marketing & commercializing conductive inks for digital inkjet conductive printing applications. It develops the Sicrys family of single crystal nano-metric conductive inks for photovoltaic and printed electronics applications, as well as silver-based Sicrys inks for use in a range of inkjet printing electronics applications, including printing of circuit boards, mobile phone antennas, 3D printed electronic devices, radio-frequency identification chips, sensors, touchscreens, and other digitally printed electronics. Geographically, it generates revenue from Spain, Israel, United states, Japan, Germany, Other.