PBTDF (Plover Bay Technologies) Inventory Turnover : 1.85 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Plover Bay Technologies 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. Plover Bay Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was $27.1 Mil. Plover Bay Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was $14.6 Mil. Plover Bay Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Plover Bay Technologies's Days Inventory for the six months ended in Dec. 2024 was 98.66.

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. Plover Bay Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.25.

Plover Bay Technologies Inventory Turnover Historical Data

The historical data trend for Plover Bay Technologies'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.

Plover Bay Technologies Inventory Turnover Chart

Plover Bay Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

2.21

1.99

1.58

1.76

3.18

Plover Bay Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.76	0.73	1.08	1.70	1.85

Plover Bay Technologies Inventory Turnover Calculation

Plover Bay Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	52.642	/ (	(16.938	+	16.16)	/	2 )
=	52.642	/	16.549
=	3.18

Plover Bay Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	27.089	/ (	(13.129	+	16.16)	/	2 )
=	27.089	/	14.6445
=	1.85

Plover Bay Technologies (OTCPK:PBTDF) 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.

Plover Bay Technologies's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	14.6445	/	27.089	*	365 / 2
	=	98.66

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.

Plover Bay Technologies's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	14.6445	/	59.493
	=	0.25

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.

Plover Bay Technologies Inventory Turnover Related Terms

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

Plover Bay Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plover Bay Technologies Ltd (OTCPK:PBTDF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

01523:Hong Kong

Address

93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.ploverbay.com

Plover Bay Technologies Ltd is an investment holding company. The company and its subsidiaries are engaged in the research, design, development, and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The company's products and services are used by enterprise users, such as multinational companies, as well as industry users. It has two operating segments: the sale of SD-WAN routers segment that engages in the sale of wired and wireless routers, also known as Fixed First Connectivity and Mobile First Connectivity, respectively; and software licences and warranty and support services segment that engages in the provision of software licences and warranty and support services.

Plover Bay Technologies Headlines

From GuruFocus

The Owner Mindset

By Steven Chen • 06-05-2023

Underappreciated Market Leadership

By Steven Chen • 01-01-2022

Not All Growths Are Created Equal

By Steven Chen • 06-10-2023