The historical rank and industry rank for PyroGenesis Canada's Days Inventory or its related term are showing as below:
TSX:PYR'
s Days Inventory Range Over the Past 10 Years
Min: 14.5 Med: 26.22 Max: 70.62
Current: 70.62
During the past 13 years, PyroGenesis Canada's highest Days Inventory was 70.62. The lowest was 14.50. And the median was 26.22.
TSX:PYR's Days Inventory is ranked better than 78.97% of 2905
companies
in the Industrial Products industry
Industry Median: 120.15
vs TSX:PYR: 70.62
PyroGenesis Canada's Days Inventory
declined
from Sep. 2022 (96.48) to Sep. 2023 (64.85).
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.
PyroGenesis Canada's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.41.
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.
PyroGenesis Canada's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.50.
PyroGenesis Canada Days Inventory Historical Data
The historical data trend for PyroGenesis Canada'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.
Competitive Comparison of PyroGenesis Canada's Days Inventory
For the Specialty Industrial Machinery subindustry, PyroGenesis Canada'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.
PyroGenesis Canada's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, PyroGenesis Canada's Days Inventory distribution charts can be found below:
* The bar in red indicates where PyroGenesis Canada's Days Inventory falls into.
PyroGenesis Canada Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PyroGenesis Canada's Days Inventory for the fiscal year that ended in Dec. 2022 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.
PyroGenesis Canada (TSX:PYR) 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.
PyroGenesis Canada's Inventory Turnover for the
three
months ended in Sep. 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.
PyroGenesis Canada's Inventory to Revenue for the
three
months ended in Sep. 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.
PyroGenesis Canada Days Inventory Related Terms
Thank you for viewing the detailed overview of PyroGenesis Canada's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PyroGenesis Canada Inc is engaged in the design, development, manufacture, and commercialization of advanced plasma processes and systems. The company provides technical & manufacturing expertise, cutting-edge contract research, and turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil & gas, and environmental industries. Its Product categories include Aluminum & Zinc Dross Recovery, Plasma Atomized Metal Powders, Waste Management, Innovation / Custom Process Development, and Plasma Torches. Its geographical segments are Brazil, Canada, United States, Mexico, Israel, Saudi Arabia, India, Africa, England, Germany, Netherlands, Poland, Spain and Vietnam. Majority of revenue is generated from Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:PYR has been successfully added to your 