PXHI (PhoneX Holdings) Days Inventory: 17.64 (As of Dec. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PhoneX Holdings Days Inventory?

PhoneX Holdings PXHI +7.29% Days Inventory is 17.64 as of Dec. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). PhoneX Holdings's Average Total Inventories for the three months ended in Dec. 2018 was $3.15 Mil. PhoneX Holdings's Cost of Goods Sold for the three months ended in Dec. 2018 was $16.31 Mil. Hence, PhoneX Holdings's Days Inventory for the three months ended in Dec. 2018 was 17.64.

The historical rank and industry rank for PhoneX Holdings's Days Inventory or its related term are showing as below:

PXHI's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 105.43
* Ranked among companies with meaningful Days Inventory only.

PhoneX Holdings's Days Inventory declined from Dec. 2017 (36.28) to Dec. 2018 (17.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. PhoneX Holdings's Inventory Turnover for the three months ended in Dec. 2018 was 5.17.

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. PhoneX Holdings's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.18.


PhoneX Holdings  (OTCPK:PXHI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

PhoneX Holdings's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

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.

PhoneX Holdings's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


PhoneX Holdings Days Inventory Related Terms


PhoneX Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for PhoneX Holdings's Days 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.

PhoneX Holdings Days Inventory Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 110.05 32.82 36.02 37.10

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Days 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 36.28 56.62 30.42 23.38 17.64

PXHI vs SMKC, TKAT, VTNLD: Days Inventory Comparison

For the Internet Retail subindustry, PhoneX Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PhoneX Holdings Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PhoneX Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where PhoneX Holdings's Days Inventory falls into.



PhoneX Holdings Days Inventory Calculation

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

PhoneX Holdings's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (10.643 + 2.754) / 2 ) / 65.901*365
=6.6985 / 65.901*365
=37.10

PhoneX Holdings's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

Days Inventory (Q: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2018 ) + Total Inventories (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (3.552 + 2.754) / 2 ) / 16.313*365 / 4
=3.153 / 16.313*365 / 4
=17.64

* 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 Days Inventory →
What does a Days Inventory of 17.64 mean?
PhoneX Holdings (PXHI) has a Days Inventory of 17.64 as of Dec. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PhoneX Holdings and its competitors.
Is PhoneX Holdings' Days Inventory too high?
PhoneX Holdings' current Days Inventory is 17.64. The Retail - Cyclical industry median Days Inventory is 105.43. PhoneX Holdings' value of 17.64 is 83.3% below this industry median.
How does PhoneX Holdings' Days Inventory compare to SMKC and TKAT?
PhoneX Holdings' Days Inventory of 17.64 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 105.43. PhoneX Holdings' value of 17.64 is 83.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 105.43, based on 1,089 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PhoneX Holdings's current Days Inventory of 17.64 is 83.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PhoneX Holdings and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 105.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhoneX Holdings's current Days Inventory is 17.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Days Inventory of 17.64. The current Days Inventory is 17.64 and 83.3% below the Retail - Cyclical industry median of 105.43. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For PhoneX Holdings (PXHI), the current Days Inventory is 17.64 as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.