Phoenix Plus (Phoenix Plus) Inventory Turnover : 0.00 (As of Jan. 2024)

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What is Phoenix Plus Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Phoenix Plus's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.50 Mil. Phoenix Plus's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Phoenix Plus's Days Inventory for the three months ended in Jan. 2024 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. Phoenix Plus's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.

Phoenix Plus Inventory Turnover Historical Data

The historical data trend for Phoenix Plus's Inventory Turnover 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.

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Phoenix Plus Inventory Turnover Chart

Phoenix Plus Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

Phoenix Plus Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial												-	-	-	-	-

Phoenix Plus Inventory Turnover Calculation

Phoenix Plus's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	0.084	/ (	(0	+	0)	/	1 )
=	0.084	/	0
=	N/A

Phoenix Plus's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	0.502	/ (	(0	+	0)	/	1 )
=	0.502	/	0
=	N/A

Phoenix Plus (OTCPK:PXPC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Phoenix Plus's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0	/	0.502	*	365 / 4
	=	0.00

2. 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.

Phoenix Plus's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0	/	0.488
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Phoenix Plus Inventory Turnover Related Terms

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Phoenix Plus (Phoenix Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Plus Corp (OTCPK:PXPC) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

2-3 & 2-5 Bedford Business Park, Jalan 3/137B, Batu 5, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200

Website

https://phoenixpluscorp.com

Phoenix Plus Corp through its Hong Kong subsidiary is engaged in providing technical consultancy on solar power systems and consultancy on green energy solutions, with an additional focus on the commercialization of a targeted portfolio of solar products and technologies for a wide range of applications including electrical power production. The company is geographically segmented in United States, Malaysia and Hong Kong, out of which it generates majority of its revenue from Malaysia.

Phoenix Plus (Phoenix Plus) Headlines

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