AXXA (Exxe Group) Total Inventories: $6.33 Mil (As of Mar. 2024)

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What is Exxe Group Total Inventories?

Exxe Group AXXA +14.29% Total Inventories is $6.33 Mil as of Mar. 2024.

Exxe Group's total inventories for the quarter that ended in Mar. 2024 was $6.33 Mil. Exxe Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Mar. 2024 was $9.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Exxe Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Exxe Group's Days Inventory for the six months ended in Mar. 2024 was 50.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Exxe Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.59.

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. Exxe Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


Exxe Group  (OTCPK:AXXA) 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.

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

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.468+0.75 * 6.853+0.5 * 6.329-31.159
-42.021-56.926)/1936.974
=-0.06

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

Exxe Group's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=9.181/32.98*365 / 2
=50.80

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=32.98 / 9.181
=3.59

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=9.181 / 63.172
=0.15

* 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

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.


Exxe Group Total Inventories Related Terms


Exxe Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Exxe 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.

Exxe Group Total Inventories Chart

Exxe Group Annual Data
Trend Mar23 Mar24
Total Inventories
12.03 6.33

Exxe Group Semi-Annual Data
Mar23 Mar24
Total Inventories 12.03 6.33

Exxe 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $6.33 Mil mean?
Exxe Group (AXXA) has a Total Inventories of $6.33 Mil as of Mar. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Exxe Group and its competitors.
Is Exxe Group's Total Inventories too high?
Exxe Group's current Total Inventories is $6.33 Mil.
How does Exxe Group's Total Inventories compare to PTEEF and IDVV?
Exxe Group's Total Inventories of $6.33 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Conglomerates company?
A good Total Inventories depends on the Conglomerates industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Exxe Group and its competitors. Exxe Group's current Total Inventories is $6.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxe Group stock overvalued right now?
Exxe Group (AXXA) has a current Total Inventories of $6.33 Mil. The current Total Inventories is $6.33 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Exxe Group (AXXA), the current Total Inventories is $6.33 Mil as of Mar. 2024. 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.

Exxe Group Business Description

Address 1345 Avenue of The Americas, 2nd Floor, New York, NY, USA, 10105
Exxe Group Inc is a diversified corporation based in the United States which is a fintech company with assets in private equity, real estate, architectural design, agricultural, automotive, medical, media, and trading technology. The company is engaged in fintech-based financial management, marketing through media and design, management consulting, strategic advisory, and AI-based systems. The company operates in a broad scope of segments that include fintech, real estate, agritech, software, AI, medical products, media and design, automotive products, and automotive repair.