Perpetual Industries (Perpetual Industries) Days Inventory : 3.33 (As of Dec. 2022)

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What is Perpetual Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perpetual Industries's Average Total Inventories for the six months ended in Dec. 2022 was $0.02 Mil. Perpetual Industries's Cost of Goods Sold for the six months ended in Dec. 2022 was $1.87 Mil. Hence, Perpetual Industries's Days Inventory for the six months ended in Dec. 2022 was 1.66.

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

PRPI' s Days Inventory Range Over the Past 10 Years
Min: 1 Med: 2.17 Max: 3.33
Current: 3.33

During the past 5 years, Perpetual Industries's highest Days Inventory was 3.33. The lowest was 1.00. And the median was 2.17.

PRPI's Days Inventory is ranked better than
99.42% of 2909 companies
in the Industrial Products industry
Industry Median: 120.85 vs PRPI: 3.33

Perpetual Industries's Days Inventory increased from Jul. 2015 (0.00) to Dec. 2022 (3.33). It might indicate that Perpetual Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Perpetual Industries's Inventory Turnover for the six months ended in Dec. 2022 was 109.76.

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 six months ended in Dec. 2022 was 0.00.

Perpetual Industries Days Inventory Historical Data

The historical data trend for Perpetual Industries'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.

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Perpetual Industries Days Inventory Chart

Perpetual Industries Annual Data

Trend

Jul13

Jul14

Jul15

Dec21

Dec22

Days Inventory

1.00

3.33

Perpetual Industries Semi-Annual Data
	Jul13	Jul14	Jul15	Dec21	Dec22
Days Inventory	-	-	-	1.00	3.33

Competitive Comparison of Perpetual Industries's Days Inventory

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.

Perpetual Industries's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perpetual Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Perpetual Industries's Days Inventory falls into.

Perpetual Industries Days Inventory Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.014	+	0.02)	/	2 )	/	1.866	*	365
=	0.017					/	1.866	*	365
=	3.33

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

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.014	+	0.02)	/	2 )	/	1.866	*	365 / 2
=	0.017					/	1.866	*	365 / 2
=	1.66

Perpetual Industries (OTCPK:PRPI) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.866	/	0.017
	=	109.76

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 six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.017	/	5.241
	=	0.00

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.

Perpetual Industries Days Inventory Related Terms

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

Perpetual Industries (Perpetual Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Perpetual Industries Inc (OTCPK:PRPI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2193 Rotunda Drive, Auburn, IN, USA, 46706

Website

https://www.perpetualindustries.com

Perpetual Industries Inc is engaged in the research, development, and commercialization of energy efficient products. The company's proprietary XYO Mechanical Balancing Technology is designed to harness rotor displacement energy and delivers solutions for inefficiencies that commonly affect rotating equipment, machinery, and devices. The firm is expanding expertise and knowledge of energy-efficient technology by developing low-cost, green energy solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and the internet of things, while continuing research, development, and commercialization of its proprietary XYO Balancing Technology in key applications.

Executives

Neil Maheshchandra Mulji	officer: Chief Operating Officer	5-8720 MACLEOD TRAIL SOUTH,, #110, CALGARY A0 T2H 0M4
Brent W. Bedford	director, 10 percent owner, officer: Chairman, President, CEO	5 - 8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Roderick Charles Egan	director	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Douglas John Greig	other: GM of Operations	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Thomas Ristow	director	C/O 5-8720 MACLEOOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4