Parx Materials NV (XPAR:MLPRX) Total Inventories : €0.06 Mil (As of Dec. 2022)

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What is Parx Materials NV Total Inventories?

Parx Materials NV's total inventories for the quarter that ended in Dec. 2022 was €0.06 Mil. Parx Materials NV's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Dec. 2022 was €0.07 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Parx Materials NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parx Materials NV's Days Inventory for the six months ended in Dec. 2022 was 154.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Parx Materials NV's Inventory Turnover for the quarter that ended in Dec. 2022 was 1.18.

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. Parx Materials NV's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.51.

Parx Materials NV Total Inventories Historical Data

The historical data trend for Parx Materials NV'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.

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Parx Materials NV Total Inventories Chart

Parx Materials NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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0.02

0.10

0.08

0.07

0.06

Parx Materials NV Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Total Inventories	Get a 7-Day Free Trial			0.02	0.10	0.08	0.07	0.06

Parx Materials NV 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.

Parx Materials NV (XPAR:MLPRX) 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.

Parx Materials NV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

	Net-Net Working Capital Per Share (Q: Dec. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.001	+	0.75 * 0.537	+	0.5 * 0.064	-	0.923
-	0	-	-0.038)	/	34.0529
=	-0.01

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

Parx Materials NV's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	0.065	/	0.077	*	365 / 2
	=	154.06

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

Parx Materials NV's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	0.077	/	0.065
	=	1.18

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.

Parx Materials NV's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0.065	/	0.128
	=	0.51

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.

Parx Materials NV Total Inventories Related Terms

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Parx Materials NV (XPAR:MLPRX) Business Description

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Address

Goudsesingel 96 (Unit 1.7), Rotterdam, NLD, 3011 KD

Website

https://www.parxmaterials.com

Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.

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