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Pitney Bowes (Pitney Bowes) Total Inventories : $70 Mil (As of Dec. 2023)


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What is Pitney Bowes Total Inventories?

Pitney Bowes's total inventories for the quarter that ended in Dec. 2023 was $70 Mil. Pitney Bowes's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $77 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pitney Bowes's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-21.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pitney Bowes's Days Inventory for the three months ended in Dec. 2023 was 12.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pitney Bowes's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.58.

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. Pitney Bowes's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


Pitney Bowes Total Inventories Historical Data

The historical data trend for Pitney Bowes'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.

Pitney Bowes Total Inventories Chart

Pitney Bowes 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 68.25 71.48 78.59 83.72 70.05

Pitney Bowes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 83.72 94.02 92.78 83.78 70.05

Pitney Bowes 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.


Pitney Bowes  (NYSE:PBI) 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.

Pitney Bowes's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(623.219+0.75 * 342.236+0.5 * 70.053-4640.761
-0-0)/176.366
=-21.13

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

Pitney Bowes's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=76.917/582.98*365 / 4
=12.04

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

Pitney Bowes's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=582.98 / 76.917
=7.58

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.

Pitney Bowes's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=76.917 / 871.578
=0.09

* 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.


Pitney Bowes Total Inventories Related Terms

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Pitney Bowes (Pitney Bowes) Business Description

Traded in Other Exchanges
Address
3001 Summer Street, Stamford, CT, USA, 06926
Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.
Executives
Christopher Johnson officer: SVP & President, GFS 3001 SUMMER ST, STAMFORD CT 06926
Andrew Robert Gold officer: SVP, Chief HR Officer 3001 SUMMER ST, STAMFORD CT 06926
Joseph Schmitt officer: SVP, Chief Information Officer 3001 SUMMER ST, STAMFORD CT 06926
Deborah Pfeiffer officer: President, Presort Services 3001 SUMMER ST, STAMFORD CT 06926
Shemin Nurmohamed officer: President, SendTech Solutions 3001 SUMMER ST, STAMFORD CT 06926
Todd A. Everett director 2700 VIA FORTUNA, SUITE 300, AUSTIN TX 78746
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kurt James Wolf director 175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
Katie May director 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Steven Brill director 3001 SUMMER ST, STAMFORD CT 06926
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
Sheila A Stamps director C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
Mary Guilfoile director 227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
James Arthur Fairweather officer: EVP & Chief Innovation Officer 3001 SUMMER ST, STAMFORD CT 06926
Daniel J Goldstein officer: EVP/Chief Legal & Compliance 1 ELMCROFT ROAD, STAMFORD CT 06926