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Proxim Wireless (Proxim Wireless) Total Inventories : $2.70 Mil (As of Mar. 2010)


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What is Proxim Wireless Total Inventories?

Proxim Wireless's total inventories for the quarter that ended in Mar. 2010 was $2.70 Mil. Proxim Wireless's average total inventories from the quarter that ended in Dec. 2009 to the quarter that ended in Mar. 2010 was $2.82 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Proxim Wireless's Net-Net Working Capital per share for the quarter that ended in Mar. 2010 was $-42.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Proxim Wireless's Days Inventory for the three months ended in Mar. 2010 was 60.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Proxim Wireless's Inventory Turnover for the quarter that ended in Mar. 2010 was 1.51.

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. Proxim Wireless's Inventory-to-Revenue for the quarter that ended in Mar. 2010 was 0.37.

Proxim Wireless Total Inventories Historical Data

The historical data trend for Proxim Wireless'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.

Proxim Wireless Total Inventories Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.07 10.14 5.75 3.95 2.95

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 4.89 3.95 - 2.95 2.70

Proxim Wireless 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.

Proxim Wireless  (OTCPK:PRXM) 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.

Proxim Wireless's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2010 is

Net-Net Working Capital Per Share (Q: Mar. 2010 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.15+0.75 * 3.618+0.5 * 2.696-18.16
-0-0)/0.23519
=-42.30

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

Proxim Wireless's Days Inventory for the three months ended in Mar. 2010 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2010 )/Cost of Goods Sold (Q: Mar. 2010 )*Days in Period
=2.822/4.262*365 / 4
=60.42

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

Proxim Wireless's Inventory Turnover for the quarter that ended in Mar. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2010 ) / Average Total Inventories (Q: Mar. 2010 )
=4.262 / 2.822
=1.51

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.

Proxim Wireless's Inventory to Revenue for the quarter that ended in Mar. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2010 ) / Revenue (Q: Mar. 2010 )
=2.822 / 7.717
=0.37

* 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.

Proxim Wireless Total Inventories Related Terms

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Proxim Wireless (Proxim Wireless) Business Description

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Address
1561 Buckeye Drive, Milpitas, CA, USA, 95035
Website
http://www.proxim.com
Proxim Wireless Corp provides high-speed wireless communications equipment and services. Its systems enable service providers, enterprises, and governmental organizations to deliver high-speed data connectivity enabling a broad range of applications.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John W Gerdelman director C/O SYCAMORE NETWORKS INC, 220 MILL RD, CHELMSFORD MA 01824
Miller Lloyd I Iii 10 percent owner
Robert E Fitzgerald other: Former Officer and Director 2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262
Brian J Sereda officer: CFO andTreasurer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Mobius Vi Llc 10 percent owner A/O MOBIUS VENTURO CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO ROAD, PALO ALTO CA 94306
Mobius Technology Ventures Vi Lp 10 percent owner C/O MOBIUS VANTURE CAPITAL 2 PALO ALLO, STE. 500 3000 ELCAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Side Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Mobius Technology Ventures Advisors Fund Vi L P 10 percent owner C/O MOBIUS VENTURE CAPITAL 2 PALO ALTO, STE 500 3000 EL CAMINO REAL, PALO ALTO CA 94306
Softbank U S Ventures Vi L P 10 percent owner 200 W EVELYN AVE, STE 200, MOUNTAIN VIEW CA 94043
Daniel Hesse director
Bradley A Feld 10 percent owner C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Roizen Jo Ann Heidi 10 percent owner
Carol B Armitage director C/O WINDSTREAM CORPORATION 4001 RODNEY PARHAM RD; B1F3 LITTLE ROCK AR 72212