WDKA (Panache Beverage) Days Inventory: 163.17 (As of Jun. 2014)


What is Panache Beverage Days Inventory?

Panache Beverage WDKA Days Inventory is 163.17 as of Jun. 2014.

Days Inventory is also known as Days Sales of Inventory (DSI). Panache Beverage's Average Total Inventories for the three months ended in Jun. 2014 was $0.88 Mil. Panache Beverage's Cost of Goods Sold for the three months ended in Jun. 2014 was $0.49 Mil. Hence, Panache Beverage's Days Inventory for the three months ended in Jun. 2014 was 163.17.

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

WDKA's Days Inventory is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 169.51
* Ranked among companies with meaningful Days Inventory only.

Panache Beverage's Days Inventory increased from Jun. 2013 (9.29) to Jun. 2014 (163.17). It might indicate that Panache Beverage's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Panache Beverage's Inventory Turnover for the three months ended in Jun. 2014 was 0.56.

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. Panache Beverage's Inventory-to-Revenue for the three months ended in Jun. 2014 was 1.34.


Panache Beverage  (OTCPK:WDKA) 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.

Panache Beverage's Inventory Turnover for the three months ended in Jun. 2014 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.

Panache Beverage's Inventory to Revenue for the three months ended in Jun. 2014 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.


Panache Beverage Days Inventory Related Terms


Panache Beverage Days Inventory Historical Data

* Premium members only.

The historical data trend for Panache Beverage'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.

Panache Beverage Days Inventory Chart

Panache Beverage Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
Get a 7-Day Free Trial 0.00 71.22 17.50 11.74 87.55

Panache Beverage Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 9.29 146.41 163.35 176.66 163.17

WDKA vs CMHZ, BORNY, THST: Days Inventory Comparison

For the Beverages - Wineries & Distilleries subindustry, Panache Beverage'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.


Panache Beverage Days Inventory vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Panache Beverage's Days Inventory distribution charts can be found below:

* The bar in red indicates where Panache Beverage's Days Inventory falls into.



Panache Beverage Days Inventory Calculation

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

Panache Beverage's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.095 + 1.122) / 2 ) / 2.537*365
=0.6085 / 2.537*365
=87.55

Panache Beverage's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

Days Inventory (Q: Jun. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2014 ) + Total Inventories (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (0.876 + 0.88) / 2 ) / 0.491*365 / 4
=0.878 / 0.491*365 / 4
=163.17

* 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 163.17 mean?
Panache Beverage (WDKA) has a Days Inventory of 163.17 as of Jun. 2014. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Panache Beverage and its competitors.
Is Panache Beverage's Days Inventory too high?
Panache Beverage's current Days Inventory is 163.17. The Beverages - Alcoholic industry median Days Inventory is 169.51. Panache Beverage's value of 163.17 is 3.7% below this industry median.
How does Panache Beverage's Days Inventory compare to CMHZ and BORNY?
Panache Beverage's Days Inventory of 163.17 can be compared against companies in the Beverages - Alcoholic industry. The industry median Days Inventory is 169.51. Panache Beverage's value of 163.17 is 3.7% 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 Beverages - Alcoholic company?
The median Days Inventory among Beverages - Alcoholic companies is 169.51, based on 203 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. Panache Beverage's current Days Inventory of 163.17 is 3.7% 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 Panache Beverage and its competitors. For the Beverages - Alcoholic industry, the median Days Inventory is 169.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panache Beverage's current Days Inventory is 163.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panache Beverage stock overvalued right now?
Panache Beverage (WDKA) has a current Days Inventory of 163.17. The current Days Inventory is 163.17 and 3.7% below the Beverages - Alcoholic industry median of 169.51. 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 Panache Beverage (WDKA), the current Days Inventory is 163.17 as of Jun. 2014. 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.

Panache Beverage Business Description

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.