GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pax Global Technology Ltd (OTCPK:PXGYF) » Definitions » Total Inventories

PXGYF (Pax Global Technology) Total Inventories : $233.0 Mil (As of Jun. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Pax Global Technology Total Inventories?

Pax Global Technology's total inventories for the quarter that ended in Jun. 2024 was $233.0 Mil. Pax Global Technology's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $233.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pax Global Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pax Global Technology's Days Inventory for the six months ended in Jun. 2024 was 207.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pax Global Technology's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.88.

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. Pax Global Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.60.


Pax Global Technology Total Inventories Historical Data

The historical data trend for Pax Global Technology'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.

Pax Global Technology Total Inventories Chart

Pax Global Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.76 210.26 265.58 324.62 233.82

Pax Global Technology Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 296.00 324.62 274.25 233.82 232.95

Pax Global Technology 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.


Pax Global Technology  (OTCPK:PXGYF) 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.

Pax Global Technology's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(381.415+0.75 * 361.063+0.5 * 232.953-213.374
-0-4.095)/1071.45
=0.51

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

Pax Global Technology's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=233.3865/205.378*365 / 2
=207.39

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

Pax Global Technology's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=205.378 / 233.3865
=0.88

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.

Pax Global Technology's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=233.3865 / 385.818
=0.60

* 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.


Pax Global Technology Total Inventories Related Terms

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


Pax Global Technology Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Pax Global Technology Ltd sells a variety of electronic payment devices. The company's products can be organized into three categories based on product type. The E-payment terminals, which generate the majority of revenue, are wireless handheld devices that enable users to pay through the swipe or insert of a credit or debit card. The E-payment terminals are used by restaurants and retailers. The consumer-activated devices are used to support a variety of connection options for the E-payment terminals. Contactless devices enable users to pay without having to swipe or insert a card.

Pax Global Technology Headlines

From GuruFocus

Pax Global Technology: Growth With a Wide Margin of Safety

By Carlos Moreno Carlos Moreno 09-10-2019