Pax Global Technology (FRA:P8X) Change In Inventory : €0.0 Mil (TTM As of Jun. 2024)

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What is Pax Global Technology Change In Inventory?

Pax Global Technology's change in inventory for the quarter that ended in Jun. 2024 was €0.0 Mil. It means Pax Global Technology's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Pax Global Technology's change in inventory for the fiscal year that ended in Dec. 2023 was €74.0 Mil. It means Pax Global Technology's inventory declined by €74.0 Mil from Dec. 2022 to Dec. 2023 .

Pax Global Technology's Total Inventories for the quarter that ended in Jun. 2024 was €216.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pax Global Technology's Days Inventory for the quarter that ended in Jun. 2024 was 206.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pax Global Technology's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.89.

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. Pax Global Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.60.

Pax Global Technology Change In Inventory Historical Data

The historical data trend for Pax Global Technology's Change In 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.

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Pax Global Technology Change In Inventory Chart

Pax Global Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-21.11

-42.64

-47.22

-78.02

73.97

Pax Global Technology Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Pax Global Technology Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Pax Global Technology (FRA:P8X) Change In Inventory Explanation

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

Pax Global Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	215.413	/	190.796	*	365 / 2
	=	206.05

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

Pax Global Technology's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	190.796	/	215.413
	=	0.89

3. 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.

Pax Global Technology's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	215.413	/	358.425
	=	0.60

Pax Global Technology Change In Inventory Related Terms

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Pax Global Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pax Global Technology Ltd (FRA:P8X) » Definitions » Change In Inventory

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PXGYF:USA 00327:Hong Kong

Address

30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.paxglobal.com.hk

Pax Global Technology Ltd sells a variety of electronic payment devices. The company's products can be organized into three categories based on product type. The E-payment terminals, which generate the majority of revenue, are wireless handheld devices that enable users to pay through the swipe through or insert of a credit or debit card. The E-payment terminals are used by restaurants and retailers. The consumer activated devices are used to support a variety of connection options for the E-payment terminals. Contactless devices enable users to pay without having to swipe or insert a card.

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