Progres AD (XBLB:PRGS-R-A) Days Inventory : 55.47 (As of Dec. 2024)

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What is Progres AD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Progres AD's Average Total Inventories for the six months ended in Dec. 2024 was BAM0.44 Mil. Progres AD's Cost of Goods Sold for the six months ended in Dec. 2024 was BAM2.91 Mil. Hence, Progres AD's Days Inventory for the six months ended in Dec. 2024 was 27.74.

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

XBLB:PRGS-R-A' s Days Inventory Range Over the Past 10 Years
Min: 55.45 Med: 84.36 Max: 97.57
Current: 55.45

During the past 5 years, Progres AD's highest Days Inventory was 97.57. The lowest was 55.45. And the median was 84.36.

XBLB:PRGS-R-A's Days Inventory is not ranked
in the Personal Services industry.
Industry Median: 25.885 vs XBLB:PRGS-R-A: 55.45

Progres AD's Days Inventory declined from Dec. 2022 (84.39) to Dec. 2024 (55.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Progres AD's Inventory Turnover for the six months ended in Dec. 2024 was 6.58.

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. Progres AD's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.31.

Progres AD Days Inventory Historical Data

The historical data trend for Progres AD'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.

* Premium members only.

Progres AD Days Inventory Chart

Progres AD Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

97.59

85.25

84.39

64.29

55.47

Progres AD Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
Days Inventory	97.59	85.25	84.39	64.29	55.47

Competitive Comparison of Progres AD's Days Inventory

For the Personal Services subindustry, Progres AD'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.

Progres AD's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Progres AD's Days Inventory distribution charts can be found below:

* The bar in red indicates where Progres AD's Days Inventory falls into.

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Progres AD Days Inventory Calculation

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

Progres AD's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.432	+	0.451)	/	2 )	/	2.905	*	365
=	0.4415					/	2.905	*	365
=	55.47

Progres AD's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.432	+	0.451)	/	2 )	/	2.905	*	365 / 2
=	0.4415					/	2.905	*	365 / 2
=	27.74

Progres AD (XBLB:PRGS-R-A) 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.

Progres AD's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.905	/	0.4415
	=	6.58

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.

Progres AD's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4415	/	1.442
	=	0.31

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.

Progres AD Days Inventory Related Terms

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

Progres AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Progres AD (XBLB:PRGS-R-A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Zmaj Jovina number 8-10, Belgrade, SRB, 71000

Website

https://www.progres.rs

Progres AD provides psycho-social support for children, youth and adults on the territory of Bosnia and Herzegovina.

Progres AD Headlines

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