GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Photozou Holdings Inc (OTCPK:PTZH) » Definitions » Total Inventories

Photozou Holdings (Photozou Holdings) Total Inventories : $0.06 Mil (As of Feb. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Photozou Holdings Total Inventories?

Photozou Holdings's total inventories for the quarter that ended in Feb. 2024 was $0.06 Mil. Photozou Holdings's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was $0.06 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Photozou Holdings's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Photozou Holdings's Days Inventory for the three months ended in Feb. 2024 was 186.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Photozou Holdings's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.49.

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. Photozou Holdings's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.72.


Photozou Holdings Total Inventories Historical Data

The historical data trend for Photozou 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.

* Premium members only.

Photozou Holdings Total Inventories Chart

Photozou Holdings Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 0.07 0.04 0.10 0.06 0.07

Photozou Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.05 0.05 0.06 0.07 0.06

Photozou 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.


Photozou Holdings  (OTCPK:PTZH) 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.

Photozou Holdings's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

Net-Net Working Capital Per Share (Q: Feb. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.027+0.75 * 0.016+0.5 * 0.059-0.97
-0-0)/8
=-0.11

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

Photozou Holdings's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=0.0635/0.031*365 / 4
=186.92

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

Photozou Holdings's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=0.031 / 0.0635
=0.49

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.

Photozou Holdings's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0.0635 / 0.037
=1.72

* 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.


Photozou Holdings Total Inventories Related Terms

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


Photozou Holdings (Photozou Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yotsuya Shinjuku-ku, 4-30-4th Floor, Tokyo, JPN, 160-0004
Photozou Holdings Inc is focused on online advertising and the sale of used cameras. The firm engages in offering used cameras, which include mainly high-class digital single-lens reflex cameras. In addition, it provides two types of advertising services that include managing online photo contests and web advertising services specifically geared toward advertisements. The majority of its revenue gets derived from the sale of used cameras.
Executives
Photozou Co., Ltd. 10 percent owner 4-30-4F, YOTSUYA, SHINJUKU-KU, TOKYO M0 164-0004
Koichi Ishizuka director, 10 percent owner, officer: Chief Executive Officer 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011