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


What is Proxim Wireless Total Inventories?

Proxim Wireless PRXM Total Inventories is $2.70 Mil as of Mar. 2010.

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 $-42.33.

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  (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)/0.235
=-42.33

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

Proxim Wireless Total Inventories Historical Data

* Premium members only.

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.

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 0.00 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $2.70 Mil mean?
Proxim Wireless (PRXM) has a Total Inventories of $2.70 Mil as of Mar. 2010. The total amount of inventory as recorded on a company's balance sheet. View historical data for Proxim Wireless and its competitors.
Is Proxim Wireless' Total Inventories too high?
Proxim Wireless' current Total Inventories is $2.70 Mil.
How does Proxim Wireless' Total Inventories compare to OSAT and GTXO?
Proxim Wireless' Total Inventories of $2.70 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Proxim Wireless and its competitors. Proxim Wireless's current Total Inventories is $2.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current Total Inventories of $2.70 Mil. The current Total Inventories is $2.70 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 Proxim Wireless (PRXM), the current Total Inventories is $2.70 Mil as of Mar. 2010. 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.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.