PXFG (Phoenix Footwear Group) Change In Inventory: $0.43 Mil (TTM As of Dec. 2023)

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PXFG Phoenix Footwear Group Inc PXFG
12 GF Score
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What is Phoenix Footwear Group Change In Inventory?

Phoenix Footwear Group PXFG 12 Change In Inventory is $0.43 Mil as of Dec. 2023. GuruFocus rates PXFG with a GF Score™ of 12/100.

Phoenix Footwear Group's change in inventory for the quarter that ended in Dec. 2023 was $0.37 Mil. It means Phoenix Footwear Group's inventory declined by $0.37 Mil from Sep. 2023 to Dec. 2023 .

Phoenix Footwear Group's change in inventory for the fiscal year that ended in Dec. 2023 was $0.43 Mil. It means Phoenix Footwear Group's inventory declined by $0.43 Mil from Dec. 2022 to Dec. 2023 .

Phoenix Footwear Group's Total Inventories for the quarter that ended in Dec. 2023 was $9.72 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Phoenix Footwear Group's Days Inventory for the quarter that ended in Dec. 2023 was 295.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoenix Footwear Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.31.

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. Phoenix Footwear Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.10.

Phoenix Footwear Group  (OTCPK:PXFG) Change In Inventory Explanation

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

Phoenix Footwear Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.9035/3.056*365 / 4
=295.71

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

Phoenix Footwear Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.056 / 9.9035
=0.31

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.

Phoenix Footwear Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.9035 / 4.71
=2.10

* 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.

Phoenix Footwear Group Change In Inventory Related Terms

Phoenix Footwear Group Change In Inventory Historical Data

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The historical data trend for Phoenix Footwear Group'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.

Phoenix Footwear Group Change In Inventory Chart

Phoenix Footwear Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 1.55 1.02 -4.17 0.43

Phoenix Footwear Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In 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 0.36 0.11 0.52 -0.57 0.37
PXFG
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Phoenix Footwear Group Inc PXFG
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Phoenix Footwear Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.43 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.43 Mil mean?
Phoenix Footwear Group (PXFG) has a Change In Inventory of $0.43 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Phoenix Footwear Group and its competitors.
Is Phoenix Footwear Group's Change In Inventory too high?
Phoenix Footwear Group's current Change In Inventory is $0.43 Mil. Overall, Phoenix Footwear Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Footwear Group's Change In Inventory compare to GIII and JL?
Phoenix Footwear Group's Change In Inventory of $0.43 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Manufacturing - Apparel & Accessories company?
A good Change In Inventory depends on the Manufacturing - Apparel & Accessories industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Phoenix Footwear Group and its competitors. Phoenix Footwear Group's current Change In Inventory is $0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Footwear Group stock overvalued right now?
Phoenix Footwear Group (PXFG) has a current Change In Inventory of $0.43 Mil. The current Change In Inventory is $0.43 Mil. Phoenix Footwear Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Phoenix Footwear Group (PXFG), the current Change In Inventory is $0.43 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Phoenix Footwear Group Business Description

Address 2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008
Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, Pendleton, Los Cabos, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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