PAIOF (Paion AG) Inventory Turnover: 0.90 (As of Jun. 2023)

What is Paion AG Inventory Turnover?

Paion AG PAIOF +9,900.00% 10 Inventory Turnover is 0.90 as of Jun. 2023. GuruFocus rates PAIOF with a GF Score™ of 10/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Paion AG's Cost of Goods Sold for the six months ended in Jun. 2023 was $3.87 Mil. Paion AG's Average Total Inventories for the quarter that ended in Jun. 2023 was $4.29 Mil. Paion AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paion AG's Days Inventory for the six months ended in Jun. 2023 was 202.30.

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. Paion AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.58.

Paion AG (OTCPK:PAIOF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Paion AG's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	4.291	/	3.871	*	365 / 2
	=	202.30

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.

Paion AG's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	4.291	/	7.356
	=	0.58

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Paion AG Inventory Turnover Related Terms

Paion AG Inventory Turnover Historical Data

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The historical data trend for Paion AG's Inventory Turnover can be seen below:

Paion AG Inventory Turnover Chart

Paion AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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0.00

1.05

0.44

Paion AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															0.23	0.65	0.14	0.33	0.90

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Paion AG Inventory Turnover Calculation

Paion AG's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	2.076	/ (	(5.449	+	3.941)	/	2 )
=	2.076	/	4.695
=	0.44

Paion AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	3.871	/ (	(3.941	+	4.641)	/	2 )
=	3.871	/	4.291
=	0.90

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.90 mean?

Paion AG (PAIOF) has a Inventory Turnover of 0.90 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Paion AG and its competitors.

Is Paion AG's Inventory Turnover too high?

Paion AG's current Inventory Turnover is 0.90. Overall, Paion AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.

How does Paion AG's Inventory Turnover compare to ZTS and NBIX?

Paion AG's Inventory Turnover of 0.90 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Drug Manufacturers company?

A good Inventory Turnover depends on the Drug Manufacturers industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Paion AG and its competitors. Paion AG's current Inventory Turnover is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Paion AG stock overvalued right now?

Paion AG (PAIOF) has a current Inventory Turnover of 0.90. The current Inventory Turnover is 0.90. Paion AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Paion AG (PAIOF), the current Inventory Turnover is 0.90 as of Jun. 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.

Paion AG Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies FRA:Z61 XTER:MRK ZTS NSE:SUNPHARMA TSE:4502 LSE:HLN XSWX:GALD XTAE:TEVA XSWX:SDZ NBIX NSE:DIVISLAB BOM:532321 VTRS BOM:500124 NSE:TORNTPHARM HKSE:03692 SZSE:000538 TSE:4507 TSE:4523 BOM:500257

Address Heussstrasse 25, Aachen, DEU, 52078

Website https://www.paion.com

Paion AG is a holding company engaged in providing various services to the subsidiaries. The group is focused on developing and commercializing medical innovations for procedural sedation, anesthesia, and critical care services. The key product of the company is remimazolam, which is an ultra-short-acting intravenous benzodiazepine sedative. In the human body, remimazolam is rapidly metabolized to an inactive metabolite by tissue esterases and not metabolized by cytochrome-dependent hepatic pathways. The organization is based in Germany.

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