Armanino Foods of Distinction (Armanino Foods of Distinction) Change In Inventory

: $-4.30 Mil (TTM As of Sep. 2023)

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Armanino Foods of Distinction's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Armanino Foods of Distinction's inventory stayed the same from Sep. 2022 to Sep. 2023 .

Armanino Foods of Distinction's change in inventory for the fiscal year that ended in Dec. 2021 was $-1.80 Mil. It means Armanino Foods of Distinction's inventory increased by $1.80 Mil from Dec. 2020 to Dec. 2021 .

Armanino Foods of Distinction's Total Inventories for the quarter that ended in Sep. 2023 was $9.69 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Armanino Foods of Distinction's Days Inventory for the quarter that ended in Sep. 2023 was 77.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Armanino Foods of Distinction's Inventory Turnover for the quarter that ended in Sep. 2023 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. Armanino Foods of Distinction's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.55.

Armanino Foods of Distinction Change In Inventory Historical Data

The historical data trend for Armanino Foods of Distinction's Change In Inventory 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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Armanino Foods of Distinction Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

-0.70

-0.01

-0.98

1.78

-1.80

Armanino Foods of Distinction Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23
Change In Inventory																-1.40	-1.58	0.71	-2.04	-

Armanino Foods of Distinction Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.30 Mil.

Armanino Foods of Distinction (OTCPK:AMNF) Change In Inventory Explanation

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

Armanino Foods of Distinction's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8.8665	/	10.458	*	365 / 4
	=	77.36

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

Armanino Foods of Distinction's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.458	/	8.8665
	=	1.18

3. 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.

Armanino Foods of Distinction's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.8665	/	16.08
	=	0.55

Armanino Foods of Distinction Change In Inventory Related Terms

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Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Armanino Foods of Distinction Inc (OTCPK:AMNF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588

Website

https://www.armaninofoods.com

Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.

Executives

Douglas R Nichols	director	C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling	director	426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino	director, 10 percent owner, officer: President, CEO & Chairman	30588 SAN ANTONIO STREET, HAYWARD CA 94544

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