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PAR Technology (PAR Technology) Total Inventories : $23.6 Mil (As of Dec. 2023)


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What is PAR Technology Total Inventories?

PAR Technology's total inventories for the quarter that ended in Dec. 2023 was $23.6 Mil. PAR Technology's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $23.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PAR Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PAR Technology's Days Inventory for the three months ended in Dec. 2023 was 26.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. PAR Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.40.

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. PAR Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.


PAR Technology Total Inventories Historical Data

The historical data trend for PAR Technology's Total Inventories 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.

PAR Technology Total Inventories Chart

PAR Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.33 21.64 35.08 37.59 23.59

PAR Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 37.59 32.45 26.51 24.19 23.59

PAR Technology Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


PAR Technology  (NYSE:PAR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

PAR Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(74.563+0.75 * 63.382+0.5 * 23.594-469.541
-0-0)/28.0299
=-11.97

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

PAR Technology'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
=23.8935/81.307*365 / 4
=26.82

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=81.307 / 23.8935
=3.40

4. 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.

PAR Technology'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 )
=23.8935 / 107.708
=0.22

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


PAR Technology Total Inventories Related Terms

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PAR Technology (PAR Technology) Business Description

Traded in Other Exchanges
Address
PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Executives
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge officer: Chief Accounting Officer PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King officer: VP, GEN COUNSEL & CORP SEC 5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson officer: President of Subsidiary 747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra officer: CHF PRODUCT & TECH OFFICER 745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh director 4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal director 1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr director 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar officer: VP & Chief Financial Officer 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli officer: President, PGSC & RRC 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley director, officer: President & CEO 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618