PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Total Inventories : $0.06 Mil (As of Dec. 2009)

View and export this data going back to 2003. Start your Free Trial

What is PPJ Healthcare Enterprises Total Inventories?

PPJ Healthcare Enterprises's total inventories for the quarter that ended in Dec. 2009 was $0.06 Mil. PPJ Healthcare Enterprises's average total inventories from the quarter that ended in Dec. 2008 to the quarter that ended in Dec. 2009 was $0.05 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PPJ Healthcare Enterprises's Net-Net Working Capital per share for the quarter that ended in Dec. 2009 was $-1,253.79.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. PPJ Healthcare Enterprises's Inventory Turnover for the quarter that ended in Dec. 2009 was 0.00.

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. PPJ Healthcare Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2009 was 0.35.

PPJ Healthcare Enterprises Total Inventories Historical Data

The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Total Inventories Chart

PPJ Healthcare Enterprises Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Total Inventories

Get a 7-Day Free Trial

0.03

0.05

0.06

PPJ Healthcare Enterprises Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09
Total Inventories	Get a 7-Day Free Trial			-	-	0.03	0.05	0.06

PPJ Healthcare Enterprises 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.

PPJ Healthcare Enterprises (OTCPK:PPJE) 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.

PPJ Healthcare Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2009 is

	Net-Net Working Capital Per Share (Q: Dec. 2009 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0.384	+	0.5 * 0.055	-	9.092
-	0	-	0)	/	0.007
=	-1,253.79

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

PPJ Healthcare Enterprises's Days Inventory for the six months ended in Dec. 2009 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2009 )	/	Cost of Goods Sold (Q: Dec. 2009 )	*	Days in Period
	=	0.0525	/	0	*	365 / 2
	=

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

PPJ Healthcare Enterprises's Inventory Turnover for the quarter that ended in Dec. 2009 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2009 )	/	Average Total Inventories (Q: Dec. 2009 )
	=	0	/	0.0525
	=	0.00

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.

PPJ Healthcare Enterprises's Inventory to Revenue for the quarter that ended in Dec. 2009 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2009 )	/	Revenue (Q: Dec. 2009 )
	=	0.0525	/	0.152
	=	0.35

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.

PPJ Healthcare Enterprises Total Inventories Related Terms

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

PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PPJ Healthcare Enterprises Inc (OTCPK:PPJE) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 East Jackson Street, Suite 2340, Tampa, FL, USA, 33602

Website

https://www.ppjenterprise.com

PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.