Puradyn Filter Technologies (Puradyn Filter Technologies) Total Inventories : $0.92 Mil (As of Dec. 2019)

View and export this data going back to 2005. Start your Free Trial

What is Puradyn Filter Technologies Total Inventories?

Puradyn Filter Technologies's total inventories for the quarter that ended in Dec. 2019 was $0.92 Mil. Puradyn Filter Technologies's average total inventories from the quarter that ended in Sep. 2019 to the quarter that ended in Dec. 2019 was $1.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Puradyn Filter Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Puradyn Filter Technologies's Days Inventory for the three months ended in Dec. 2019 was 273.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Puradyn Filter Technologies's Inventory Turnover for the quarter that ended in Dec. 2019 was 0.33.

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. Puradyn Filter Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 4.02.

Puradyn Filter Technologies Total Inventories Historical Data

The historical data trend for Puradyn Filter 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.

Puradyn Filter Technologies Total Inventories Chart

Puradyn Filter Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Inventories

Get a 7-Day Free Trial

0.82

0.68

0.40

0.84

0.92

Puradyn Filter Technologies Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Total Inventories	Get a 7-Day Free Trial															0.84	1.08	1.16	1.07	0.92

Puradyn Filter 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.

Puradyn Filter Technologies (OTCPK:PFTI) 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.

Puradyn Filter Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 is

	Net-Net Working Capital Per Share (Q: Dec. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.078	+	0.75 * 0.012	+	0.5 * 0.923	-	12.902
-	0	-	0)	/	69.0165
=	-0.18

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

Puradyn Filter Technologies's Days Inventory for the three months ended in Dec. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2019 )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
	=	0.996	/	0.332	*	365 / 4
	=	273.75

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

Puradyn Filter Technologies's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2019 )	/	Average Total Inventories (Q: Dec. 2019 )
	=	0.332	/	0.996
	=	0.33

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.

Puradyn Filter Technologies's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	0.996	/	0.248
	=	4.02

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.

Puradyn Filter Technologies Total Inventories Related Terms

Thank you for viewing the detailed overview of Puradyn Filter Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Puradyn Filter Technologies Inc (OTCPK:PFTI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

2017 High Ridge Road, Boynton Beach, FL, USA, 33426

Website

https://www.puradyn.com

Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.

Executives

Kevin G Kroger	director, officer: President, Chief Operating Off	4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria	director, 10 percent owner, officer: Chief Executive Officer	C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell	director	7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria	director, 10 percent owner, officer: Executive Chairman of Board	P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler	officer: Vice President and CAO	21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco	director	150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes	other: Former director	56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton	director	25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler	officer: Chief Financial Officer	10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris	other: Director of Corp Communic.	52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton	officer: VP Sales and Marketing	7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford	director, 10 percent owner
Glenhill Advisors Llc	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich	director	525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

Puradyn Filter Technologies (Puradyn Filter Technologies) Headlines

From GuruFocus

Puradyn Releases 2019 2nd Quarter Unaudited Financial Results

By Marketwired Marketwired • 08-14-2019

Puradyn Releases 2018 3rd Quarter Unaudited Financial Results

By Marketwired Marketwired • 11-13-2018

Puradyn Appoints Edward Vittoria as New CEO

By Marketwired Marketwired • 05-21-2018

Puradyn Releases 2019 1st Quarter Unaudited Financial Results

By Marketwired Marketwired • 05-15-2019

Puradyn Filter Technologies Announces 2018 Year End Audited Financial Results

By Marketwired Marketwired • 03-26-2019

Puradyn To Build On Strong First Half Results By Expanding Relationship With MNI To Increase Adoption In Commercial Marine Category

By Marketwired Marketwired • 08-29-2018