Pioneer Power Solutions (Pioneer Power Solutions) Total Inventories : $8.28 Mil (As of Sep. 2023)

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What is Pioneer Power Solutions Total Inventories?

Pioneer Power Solutions's total inventories for the quarter that ended in Sep. 2023 was $8.28 Mil. Pioneer Power Solutions's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $8.37 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pioneer Power Solutions's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pioneer Power Solutions's Days Inventory for the three months ended in Sep. 2023 was 87.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pioneer Power Solutions's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.04.

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. Pioneer Power Solutions's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.67.

Pioneer Power Solutions Total Inventories Historical Data

The historical data trend for Pioneer Power Solutions'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.

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Pioneer Power Solutions Total Inventories Chart

Pioneer Power Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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3.68

4.55

2.40

4.16

8.75

Pioneer Power Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial															8.48	8.75	9.59	8.46	8.28

Pioneer Power Solutions 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.

Pioneer Power Solutions (NAS:PPSI) 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.

Pioneer Power Solutions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(7.581	+	0.75 * 8.936	+	0.5 * 8.28	-	17.262
-	0	-	0)	/	9.93002
=	0.12

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

Pioneer Power Solutions's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	8.3685	/	8.732	*	365 / 4
	=	87.45

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

Pioneer Power Solutions's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	8.732	/	8.3685
	=	1.04

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.

Pioneer Power Solutions's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	8.3685	/	12.443
	=	0.67

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.

Pioneer Power Solutions Total Inventories Related Terms

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Pioneer Power Solutions (Pioneer Power Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pioneer Power Solutions Inc (NAS:PPSI) » Definitions » Total Inventories

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Address

400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024

Website

https://www.pioneerpowersolutions.com

Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.

Executives

Nathan Mazurek	10 percent owner, officer: President, CEO, Chairman	C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte	director	400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Wojciech Michalec	officer: Interim CFO	400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust	10 percent owner	415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink	director, officer: See Remarks	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow	director, officer: CFO, Secretary and Treasurer	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Ian Ross	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes	director, 10 percent owner	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p.	10 percent owner	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp.	10 percent owner	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024