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Perma-Pipe International Holdings (Perma-Pipe International Holdings) Days Inventory : 51.21 (As of Jan. 2024)


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What is Perma-Pipe International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perma-Pipe International Holdings's Average Total Inventories for the three months ended in Jan. 2024 was $15.8 Mil. Perma-Pipe International Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was $28.1 Mil. Hence, Perma-Pipe International Holdings's Days Inventory for the three months ended in Jan. 2024 was 51.21.

The historical rank and industry rank for Perma-Pipe International Holdings's Days Inventory or its related term are showing as below:

PPIH' s Days Inventory Range Over the Past 10 Years
Min: 44.61   Med: 53.18   Max: 89.65
Current: 48.85

During the past 13 years, Perma-Pipe International Holdings's highest Days Inventory was 89.65. The lowest was 44.61. And the median was 53.18.

PPIH's Days Inventory is ranked better than
50.07% of 1396 companies
in the Construction industry
Industry Median: 49.04 vs PPIH: 48.85

Perma-Pipe International Holdings's Days Inventory declined from Jan. 2023 (51.39) to Jan. 2024 (51.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Perma-Pipe International Holdings's Inventory Turnover for the three months ended in Jan. 2024 was 1.78.

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. Perma-Pipe International Holdings's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.39.


Perma-Pipe International Holdings Days Inventory Historical Data

The historical data trend for Perma-Pipe International Holdings'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.

Perma-Pipe International Holdings Days Inventory Chart

Perma-Pipe International Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.57 66.17 44.61 49.88 50.60

Perma-Pipe International Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 51.39 55.06 47.54 42.01 51.21

Competitive Comparison of Perma-Pipe International Holdings's Days Inventory

For the Building Products & Equipment subindustry, Perma-Pipe International Holdings'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.


Perma-Pipe International Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's Days Inventory falls into.



Perma-Pipe International Holdings Days Inventory Calculation

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

Perma-Pipe International Holdings's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (14.738 + 15.541) / 2 ) / 109.21*365
=15.1395 / 109.21*365
=50.60

Perma-Pipe International Holdings's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (16.052 + 15.541) / 2 ) / 28.145*365 / 4
=15.7965 / 28.145*365 / 4
=51.21

* 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.


Perma-Pipe International Holdings  (NAS:PPIH) 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.

Perma-Pipe International Holdings's Inventory Turnover for the three months ended in Jan. 2024 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.

Perma-Pipe International Holdings's Inventory to Revenue for the three months ended in Jan. 2024 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.


Perma-Pipe International Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Perma-Pipe International Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Perma-Pipe International Holdings (Perma-Pipe International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
24900 Pitkin Road, Suite 309, Spring, TX, USA, 77386
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.
Executives
David B Brown director 9870 PLANO ROAD, DALLAS TX 75238
Cynthia Boiter director 6410 W. HOWARD STREET, NILES IL 60714
Jerome T. Walker director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Robert Joseph Mcnally director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Matthew Earl Lewicki officer: Chief Accounting Officer 20719 KINGS CROWN CT, HUMBLE TX 77346
David S Barrie director 2409 BOXWOOD LANE, FERNANDINA BEACH FL 32034
Grant Dewbre officer: Chief Operating Officer 6410 WEST HOWARD STREET, NILES IL 60714
D Bryan Norwood officer: Vice President, CFO 6410 W HOWARD STREET, NILES IL 60714
Mark A Zorko director 9265 FAWN LAKE DR, RALEIGH NC 27617
Karl J Schmidt officer: CFO and VP 6410 W. HOWARD STREET, NILES IL 60714-3491
Wayne Bosch officer: VP of HR 41 PORTSHIRE DRIVE, LINCOLNSHIRE IL 60069
David J Mansfield officer: President and CEO 119 WIND RIDGE CIRCLE, THE WOODLANDS TX 77381
Gerald P Oconnor officer: Interim CFO,Principal Accntng P O BOX 3014, NAPERVILLE IL 60566-7014
Michael J Gade director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
John Mark Foster officer: Subsidiary President 7720 N. LEHIGH AVENUE, NILES IL 60714

Perma-Pipe International Holdings (Perma-Pipe International Holdings) Headlines