Pushpay Holdings (NZSE:PPH) Inventory Turnover : 45.09 (As of Sep. 2022)

View and export this data going back to 2014. Start your Free Trial

What is Pushpay Holdings Inventory Turnover?

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. Pushpay Holdings's Cost of Goods Sold for the six months ended in Sep. 2022 was NZ$53.3 Mil. Pushpay Holdings's Average Total Inventories for the quarter that ended in Sep. 2022 was NZ$1.2 Mil. Pushpay Holdings's Inventory Turnover for the quarter that ended in Sep. 2022 was 45.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pushpay Holdings's Days Inventory for the six months ended in Sep. 2022 was 4.05.

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. Pushpay Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.01.

Pushpay Holdings Inventory Turnover Historical Data

The historical data trend for Pushpay Holdings'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.

* Premium members only.

Pushpay Holdings Inventory Turnover Chart

Pushpay Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Inventory Turnover

Get a 7-Day Free Trial

118.69

Pushpay Holdings Semi-Annual Data
	Mar13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Inventory Turnover	Get a 7-Day Free Trial														-	-	43.65	58.86	45.09

Pushpay Holdings Inventory Turnover Calculation

Pushpay Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2022 is calculated as

	Inventory Turnover (A: Mar. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2022 )	/ (	(Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )
=	93.885	/ (	(0	+	0.791)	/	1 )
=	93.885	/	0.791
=	118.69

Pushpay Holdings's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	53.296	/ (	(0.791	+	1.573)	/	2 )
=	53.296	/	1.182
=	45.09

Pushpay Holdings (NZSE:PPH) 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.

Pushpay Holdings's Days Inventory for the six months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	1.182	/	53.296	*	365 / 2
	=	4.05

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.

Pushpay Holdings's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	1.182	/	170.685
	=	0.01

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.

Pushpay Holdings Inventory Turnover Related Terms

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

Pushpay Holdings (NZSE:PPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pushpay Holdings Ltd (NZSE:PPH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

167 Victoria Street West, Level 6, Building D, Auckland, NTL, NZL, 1010

Website

https://www.pushpay.com

Pushpay primarily sells donor and church management systems to the global faith sector. Revenue is mainly derived from: (1) subscription fees based on a church's size and number of services provided to the church, and (2) processing fees for donations processed through its giving platform. Operations are mainly in the U.S., and its core customers are large evangelical and nondenominational churches with weekly attendances ranging from 1,100 to 50,000. Pushpay also sells to medium and small churches. The firm's solutions encompass, but are not limited to, virtual giving, record keeping, event registration, member engagement, video broadcasting, and data analytics. It also services nonprofit organisation and education providers, though these are currently immaterial to earnings.