Pentair (Pentair) Inventory Turnover

: 0.89 (As of Dec. 2023)

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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. Pentair's Cost of Goods Sold for the three months ended in Dec. 2023 was $619 Mil. Pentair's Average Total Inventories for the quarter that ended in Dec. 2023 was $695 Mil. Pentair's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pentair's Days Inventory for the three months ended in Dec. 2023 was 102.56.

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. Pentair's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.71.

Pentair Inventory Turnover Historical Data

The historical data trend for Pentair'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.

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Pentair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

4.98

4.92

4.98

4.08

3.52

Pentair Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																0.86	0.82	0.89	0.87	0.89

Pentair Inventory Turnover Calculation

Pentair's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2585.3	/ (	(790	+	677.7)	/	2 )
=	2585.3	/	733.85
=	3.52

Pentair's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	618.5	/ (	(712.6	+	677.7)	/	2 )
=	618.5	/	695.15
=	0.89

Pentair (NYSE:PNR) 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.

Pentair's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	695.15	/	618.5	*	365 / 4
	=	102.56

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.

Pentair's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	695.15	/	984.6
	=	0.71

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.

Pentair Inventory Turnover Related Terms

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Pentair (Pentair) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pentair PLC (NYSE:PNR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PNT:Germany PNT:Germany

Address

70 London Road, Regal House, Twickenham, London, GBR, TW13QS

Website

https://www.pentair.com

Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 25 countries. Pentair's business is organized into two segments: consumer solutions and industrial and flow technologies. The company offers a wide range of water solutions, including energy-efficient swimming pool equipment, filtration solutions, and commercial and industrial pumps. Pentair generated approximately $4.1 billion in revenue and $768 million in adjusted operating income in 2022.

Executives

Philip M. Rolchigo	officer: EVP & Chief Technology Officer	5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Jones David A /wi	director	C/O RAYOVAC CORP, 601 RAYOVAC DR, MADISON WI 53711-2497
T Michael Glenn	director	942 S SHADY GROVE RD, MEMPHIS TN 38120
Stephen J Pilla	officer: EVP Ch Sup Chn Of Ch Trnfrm Of	5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416
Adrian C Chiu	officer: EVP & Pres., Water Solutions	5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416
Tracey Doi	director	C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
John L Stauch	officer: Executive Vice President, CFO	5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Robert P Fishman	officer: EVP, CFO & CAO	1700 S. PATTERSON BOULEVARD, DAYTON OH 45479
Tanya L Hooper	officer: EVP & Chief HR Officer	5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416
Demon L Wiggins	officer: EVP & Pres., Ind. & Flow Tech.	5500 WAYZATA BLVD, SUITE 900, GOLDEN VALLEY MN 55416
Glynis Bryan	director	5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Melissa Barra	director	9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
John H Jacko	officer: SVP & Chief Marketing Officer	1600 TECHNOLOGY WAY, LATROBE PA 15650
Gregory E. Knight	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Mario R D'ovidio	officer: EVP & Pres, Consumer Solutions	5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416