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Pitney Bowes (Pitney Bowes) Days Inventory : 12.04 (As of Dec. 2023)


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What is Pitney Bowes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pitney Bowes's Average Total Inventories for the three months ended in Dec. 2023 was $77 Mil. Pitney Bowes's Cost of Goods Sold for the three months ended in Dec. 2023 was $583 Mil. Hence, Pitney Bowes's Days Inventory for the three months ended in Dec. 2023 was 12.04.

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

PBI' s Days Inventory Range Over the Past 10 Years
Min: 10.77   Med: 12.78   Max: 28.22
Current: 14.2

During the past 13 years, Pitney Bowes's highest Days Inventory was 28.22. The lowest was 10.77. And the median was 12.78.

PBI's Days Inventory is ranked worse than
57.31% of 780 companies
in the Transportation industry
Industry Median: 11.505 vs PBI: 14.20

Pitney Bowes's Days Inventory declined from Dec. 2022 (12.77) to Dec. 2023 (12.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pitney Bowes's Inventory Turnover for the three months ended in Dec. 2023 was 7.58.

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. Pitney Bowes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


Pitney Bowes Days Inventory Historical Data

The historical data trend for Pitney Bowes'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.

Pitney Bowes Days Inventory Chart

Pitney Bowes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.69 10.82 10.94 12.31 12.87

Pitney Bowes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.77 14.56 16.46 15.40 12.04

Competitive Comparison of Pitney Bowes's Days Inventory

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.


Pitney Bowes's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pitney Bowes's Days Inventory falls into.



Pitney Bowes Days Inventory Calculation

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

Pitney Bowes's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (83.72 + 70.053) / 2 ) / 2181.01*365
=76.8865 / 2181.01*365
=12.87

Pitney Bowes's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (83.781 + 70.053) / 2 ) / 582.98*365 / 4
=76.917 / 582.98*365 / 4
=12.04

* 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.


Pitney Bowes  (NYSE:PBI) 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.

Pitney Bowes's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Pitney Bowes's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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

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.


Pitney Bowes Days Inventory Related Terms

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


Pitney Bowes (Pitney Bowes) Business Description

Traded in Other Exchanges
Address
3001 Summer Street, Stamford, CT, USA, 06926
Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.
Executives
Christopher Johnson officer: SVP & President, GFS 3001 SUMMER ST, STAMFORD CT 06926
Andrew Robert Gold officer: SVP, Chief HR Officer 3001 SUMMER ST, STAMFORD CT 06926
Joseph Schmitt officer: SVP, Chief Information Officer 3001 SUMMER ST, STAMFORD CT 06926
Deborah Pfeiffer officer: President, Presort Services 3001 SUMMER ST, STAMFORD CT 06926
Shemin Nurmohamed officer: President, SendTech Solutions 3001 SUMMER ST, STAMFORD CT 06926
Todd A. Everett director 2700 VIA FORTUNA, SUITE 300, AUSTIN TX 78746
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kurt James Wolf director 175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
Katie May director 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Steven Brill director 3001 SUMMER ST, STAMFORD CT 06926
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
Sheila A Stamps director C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
Mary Guilfoile director 227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
James Arthur Fairweather officer: EVP & Chief Innovation Officer 3001 SUMMER ST, STAMFORD CT 06926
Daniel J Goldstein officer: EVP/Chief Legal & Compliance 1 ELMCROFT ROAD, STAMFORD CT 06926