Party City Holdco (Party City Holdco) Days Inventory : 188.80 (As of Sep. 2022)

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What is Party City Holdco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Party City Holdco's Average Total Inventories for the three months ended in Sep. 2022 was $711 Mil. Party City Holdco's Cost of Goods Sold for the three months ended in Sep. 2022 was $344 Mil. Hence, Party City Holdco's Days Inventory for the three months ended in Sep. 2022 was 188.80.

The historical rank and industry rank for Party City Holdco's Days Inventory or its related term are showing as below:

PRTYQ's Days Inventory is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 110.76
* Ranked among companies with meaningful Days Inventory only.

Party City Holdco's Days Inventory increased from Sep. 2021 (132.22) to Sep. 2022 (188.80). It might indicate that Party City Holdco's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Party City Holdco's Inventory Turnover for the three months ended in Sep. 2022 was 0.48.

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. Party City Holdco's Inventory-to-Revenue for the three months ended in Sep. 2022 was 1.42.

Party City Holdco Days Inventory Historical Data

The historical data trend for Party City Holdco'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.

Party City Holdco Days Inventory Chart

Party City Holdco Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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121.77

132.41

132.99

111.19

85.07

Party City Holdco Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Inventory	Get a 7-Day Free Trial															132.22	47.99	148.61	155.90	188.80

Competitive Comparison of Party City Holdco's Days Inventory

For the Specialty Retail subindustry, Party City Holdco'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.

Party City Holdco's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Party City Holdco's Days Inventory distribution charts can be found below:

* The bar in red indicates where Party City Holdco's Days Inventory falls into.

Party City Holdco Days Inventory Calculation

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

Party City Holdco's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (412.285	+	443.295)	/	2 )	/	1835.535	*	365
=	427.79					/	1835.535	*	365
=	85.07

Party City Holdco's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (676.731	+	745.697)	/	2 )	/	343.743	*	365 / 4
=	711.214					/	343.743	*	365 / 4
=	188.80

Party City Holdco (OTCPK:PRTYQ) 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.

Party City Holdco's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	343.743	/	711.214
	=	0.48

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.

Party City Holdco's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	711.214	/	502.191
	=	1.42

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.

Party City Holdco Days Inventory Related Terms

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

Party City Holdco (Party City Holdco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Party City Holdco Inc (OTCPK:PRTYQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Grasslands Road, Elmsford, NY, USA, 10523

Website

https://www.partycity.com

Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the us, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.

Executives

Clifford Sosin	10 percent owner	8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
John Capela	officer: See Remarks	779 HIGHLAND AVENUE, PARAMUS NJ 07652
Peter Royer Smith	officer: Chief Operations Officer	3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
De Mesa Graziano Cheryl	officer: Chief Accounting Officer	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Steven J Collins	director	29 VINTON STREET, #5, BOSTON MA 02127
William S. Creekmuir	director	SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
John Frascotti	director	C/O HASBRO, INC. 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Shroff Michelle Millstone	director	C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
James M Harrison	director	GOLDMAN, SACHS & CO., 85 BROAD ST, NEW YORK NY 10004
Reginald Rasch	officer: See Remarks	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sean Thompson	officer: See Remarks	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sarah Dodds-brown	director	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Jennifer Fleiss	director	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Joel Alsfine	director	2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Norman S Matthews	director	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022