PXHI (PhoneX Holdings) Total Inventories: $2.75 Mil (As of Dec. 2018)


What is PhoneX Holdings Total Inventories?

PhoneX Holdings PXHI Total Inventories is $2.75 Mil as of Dec. 2018.

PhoneX Holdings's total inventories for the quarter that ended in Dec. 2018 was $2.75 Mil. PhoneX Holdings's average total inventories from the quarter that ended in Sep. 2018 to the quarter that ended in Dec. 2018 was $3.15 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PhoneX Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PhoneX Holdings's Days Inventory for the three months ended in Dec. 2018 was 17.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. PhoneX Holdings's Inventory Turnover for the quarter that ended in Dec. 2018 was 5.17.

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. PhoneX Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.18.

PhoneX Holdings  (OTCPK:PXHI) 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.

PhoneX Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is

Net-Net Working Capital Per Share (Q: Dec. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.829+0.75 * 0.271+0.5 * 2.754-8.706
-0-0)/29.548
=-0.15

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

PhoneX Holdings's Days Inventory for the three months ended in Dec. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2018 )/Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=3.153/16.313*365 / 4
=17.64

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

PhoneX Holdings's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2018 ) / Average Total Inventories (Q: Dec. 2018 )
=16.313 / 3.153
=5.17

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.

PhoneX Holdings's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=3.153 / 17.106
=0.18

* 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.

PhoneX Holdings Total Inventories Related Terms

PhoneX Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for PhoneX Holdings'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.

PhoneX Holdings Total Inventories Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 7.10 8.87 10.64 2.75

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 10.64 7.72 4.72 3.55 2.75

PhoneX Holdings 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 $2.75 Mil mean?
PhoneX Holdings (PXHI) has a Total Inventories of $2.75 Mil as of Dec. 2018. The total amount of inventory as recorded on a company's balance sheet. View historical data for PhoneX Holdings and its competitors.
Is PhoneX Holdings' Total Inventories too high?
PhoneX Holdings' current Total Inventories is $2.75 Mil.
How does PhoneX Holdings' Total Inventories compare to SMKC and TKAT?
PhoneX Holdings' Total Inventories of $2.75 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Inventories depends on the Retail - Cyclical 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 PhoneX Holdings and its competitors. PhoneX Holdings's current Total Inventories is $2.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Total Inventories of $2.75 Mil. The current Total Inventories is $2.75 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 PhoneX Holdings (PXHI), the current Total Inventories is $2.75 Mil as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.