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PCT (PureCycle Technologies) Total Inventories : $8.09 Mil (As of Dec. 2024)


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What is PureCycle Technologies Total Inventories?

PureCycle Technologies's total inventories for the quarter that ended in Dec. 2024 was $8.09 Mil. PureCycle Technologies's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $7.35 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PureCycle Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-3.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PureCycle Technologies's Days Inventory for the three months ended in Dec. 2024 was 30.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. PureCycle Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.98.

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.


PureCycle Technologies Total Inventories Historical Data

The historical data trend for PureCycle Technologies'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.

* Premium members only.

PureCycle Technologies Total Inventories Chart

PureCycle Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial - - - 4.79 8.09

PureCycle Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories 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 4.79 - 6.11 6.62 8.09

PureCycle Technologies 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.


PureCycle Technologies  (NAS:PCT) 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.

PureCycle Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.683+0.75 * 0+0.5 * 8.087-617.936
-0-0)/173.566
=-3.45

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

PureCycle Technologies's Days Inventory for the three 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
=7.3535/21.896*365 / 4
=30.65

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=21.896 / 7.3535
=2.98

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.

PureCycle 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 )
=7.3535 / 0
=

* 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.


PureCycle Technologies Total Inventories Related Terms

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PureCycle Technologies Business Description

Traded in Other Exchanges
Address
20 North Orange Avenue, Suite 106, Orlando, FL, USA, 32801
PureCycle Technologies Inc is a Florida-based corporation focused on commercializing a patented dissolution process to physically separate the polymer from other plastics, color, and contaminants (the Technology), originally developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene into resin with near-virgin characteristics, called PureFive resin. PureFive resin represents the family of recycled resin products produced, including ultra-pure resin and other grades used for compounding to meet customer specifications, which has similar properties and applicability for reuse as virgin polypropylene. It has a single operating segment, which encompasses integrated business activities related to the recycling of polypropylene into resins.
Executives
Fernando Musa director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Lawrence C Somma officer: Chief Financial Officer C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Steven F Bouck director C/O WASTE CONNECTIONS INC, 2260 DOUGLAS BLVD SUITE 280, ROSEVILLE CA 95661
Daniel M Coombs director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Dustin Olson officer: Chief Manufacturing Officer 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Brad Kalter officer: Gen. Counsel & Corp. Secretary 800 2ND AVE S, ST PETERSBURG FL 33701
John Stewart Scott director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
David Warner Brenner officer: Chief Commercial Officer 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Jeffrey Richard Fieler director 10 MARKET STREET, PO BOX 687, GRAND CAYMAN E9 KY1-9006
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Timothy Glockner director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Michael Otworth director, officer: Chairman & CEO 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Allen Jacoby director 5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Michael E Dee officer: Chief Financial Officer 118 VINTAGE PARK BLVD, HOUSTON TX 77070