PRPI (Perpetual Industries) Inventory Turnover: 109.76 (As of Dec. 2022)


What is Perpetual Industries Inventory Turnover?

Perpetual Industries PRPI +0.03% Inventory Turnover is 109.76 as of Dec. 2022.

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. Perpetual Industries's Cost of Goods Sold for the six months ended in Dec. 2022 was $1.87 Mil. Perpetual Industries's Average Total Inventories for the quarter that ended in Dec. 2022 was $0.02 Mil. Perpetual Industries's Inventory Turnover for the quarter that ended in Dec. 2022 was 109.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Perpetual Industries's Days Inventory for the six months ended in Dec. 2022 was 1.66.

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. Perpetual Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.00.

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=0.017/1.866*365 / 2
=1.66

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.

Perpetual Industries's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=0.017 / 5.241
=0.00

* 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.

Perpetual Industries Inventory Turnover Related Terms

Perpetual Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Perpetual Industries's Inventory Turnover 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.

Perpetual Industries Inventory Turnover Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Inventory Turnover
0.00 0.00 0.00 365.86 109.76

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Inventory Turnover 0.00 0.00 0.00 365.86 109.76

Perpetual Industries Inventory Turnover Calculation

Perpetual Industries'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 )
=1.866 / ((0.014 + 0.02) / 2 )
=1.866 / 0.017
=109.76

Perpetual Industries's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover (Q: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Dec. 2022 )) / count )
=1.866 / ((0.014 + 0.02) / 2 )
=1.866 / 0.017
=109.76

* 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 Inventory Turnover →
What does a Inventory Turnover of 109.76 mean?
Perpetual Industries (PRPI) has a Inventory Turnover of 109.76 as of Dec. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Inventory Turnover too high?
Perpetual Industries' current Inventory Turnover is 109.76.
How does Perpetual Industries' Inventory Turnover compare to BRBL and JKSM?
Perpetual Industries' Inventory Turnover of 109.76 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Perpetual Industries and its competitors. Perpetual Industries's current Inventory Turnover is 109.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Inventory Turnover of 109.76. The current Inventory Turnover is 109.76. 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 Perpetual Industries (PRPI), the current Inventory Turnover is 109.76 as of Dec. 2022. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.