Phoenix Group (ADX:PHX) Total Inventories : د.إ1,572 Mil (As of Sep. 2024)

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What is Phoenix Group Total Inventories?

Phoenix Group's total inventories for the quarter that ended in Sep. 2024 was د.إ1,572 Mil. Phoenix Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was د.إ1,605 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Phoenix Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was د.إ0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Phoenix Group's Days Inventory for the three months ended in Sep. 2024 was 375.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoenix Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.24.

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 Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.80.

Phoenix Group Total Inventories Historical Data

The historical data trend for Phoenix Group'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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Phoenix Group Total Inventories Chart

Phoenix Group Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

142.05

152.02

771.22

Phoenix Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial				297.70	771.22	1,118.73	1,638.28	1,572.30

Phoenix Group 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.

Phoenix Group (ADX:PHX) 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.

Phoenix Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.992	+	0.75 * 34.544	+	0.5 * 1572.302	-	376.241
-	0	-	0)	/	6047.362
=	0.07

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

Phoenix Group's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1605.291	/	389.71	*	365 / 4
	=	375.88

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

Phoenix Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	389.71	/	1605.291
	=	0.24

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.

Phoenix Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1605.291	/	573.399
	=	2.80

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.

Phoenix Group Total Inventories Related Terms

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Phoenix Group Business Description

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Address

No. 3412. ResCo-Work 10, 34 Floor, Al Maqam Tower, ADGM Square, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.phoenixgroupuae.com

Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital asset across the UAE, Oman, U.S. and Canada. Additionally, it also hosts, operates and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and prominent distributor of Digital wallet Ledgers and CoolWallets, across the Middle East. The Group has four business verticals including trading, hosting, mining and investments.