Amrep (AXR) Days Inventory

: 550.61 (As of Jan. 2024)

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Days Inventory is also known as Days Sales of Inventory (DSI). Amrep's Average Total Inventories for the three months ended in Jan. 2024 was $65.99 Mil. Amrep's Cost of Goods Sold for the three months ended in Jan. 2024 was $10.94 Mil. Hence, Amrep's Days Inventory for the three months ended in Jan. 2024 was 550.61.

The historical rank and industry rank for Amrep's Days Inventory or its related term are showing as below:

AXR' s Days Inventory Range Over the Past 10 Years
Min: 694.72 Med: 2380.58 Max: 9517.99
Current: 794.5

During the past 13 years, Amrep's highest Days Inventory was 9517.99. The lowest was 694.72. And the median was 2380.58.

AXR's Days Inventory is ranked worse than
54.01% of 1322 companies
in the Real Estate industry
Industry Median: 689.615 vs AXR: 794.50

Amrep's Days Inventory declined from Jan. 2023 (1,130.20) to Jan. 2024 (550.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Amrep's Inventory Turnover for the three months ended in Jan. 2024 was 0.17.

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. Amrep's Inventory-to-Revenue for the three months ended in Jan. 2024 was 5.20.

Amrep Days Inventory Historical Data

The historical data trend for Amrep's Days 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.

* Premium members only.

Amrep Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

Get a 7-Day Free Trial

1,975.69

1,472.47

777.26

694.72

814.37

Amrep Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															1,130.20	942.61	880.10	928.41	550.61

Competitive Comparison

For the Real Estate - Development subindustry, Amrep's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amrep Days Inventory Distribution

For the Real Estate industry and Real Estate sector, Amrep's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amrep's Days Inventory falls into.

Amrep Days Inventory Calculation

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

Amrep's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (67.249	+	65.625)	/	2 )	/	29.777	*	365
=	66.437					/	29.777	*	365
=	814.37

Amrep's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (63.879	+	68.098)	/	2 )	/	10.936	*	365 / 4
=	65.9885					/	10.936	*	365 / 4
=	550.61

Amrep (NYSE:AXR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Amrep's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.936	/	65.9885
	=	0.17

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.

Amrep's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	65.9885	/	12.689
	=	5.20

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Amrep Days Inventory Related Terms

Thank you for viewing the detailed overview of Amrep's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Amrep (AXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amrep Corp (NYSE:AXR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 West Chester Pike, Suite 205, Havertown, PA, USA, 19083

Website

https://www.amrepcorp.com

Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties. Its operating segments include Land development and Homebuilding. The firm generates a majority of its revenue from the Land development segment. Geographically, all the activities are carried out throughout the United States.

Executives

James H Dahl	10 percent owner	1200 RIVERPLACE BLVD SUITE 902, 1200 RIVERPLACE BLVD SUITE 902, JACKSONVILLE FL 32207
Robert Robotti	director	125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
Cloues Edward B Ii	director	PENN VIRGINIA CORPORATION, FOUR RADNOR CORP. CTR., SUITE 200, RADNOR PA 19087
Rainey E. Lancaster	10 percent owner	1 APPLE PARK WAY, CUPERTINO CA 95014
Nick G Karabots	director, 10 percent owner
Gate City Capital Management, Llc	10 percent owner	425 S. FINANCIAL PLACE, STE 910A, CHICAGO IL 60605
Theodore J. Gaasche	director	1521 GREEN VALLEY DRIVE, COLLEGEVILLE PA 19426
Adrienne Uleau	officer: VP, Finance & Accounting	1142 MYRTLEWOOD AVE, HAVERTOWN PA 19083
Heinrich Bauer (usa) Llc	10 percent owner	270 SYLVAN AVE, ENGELWOOD CLIFFS NJ 07632
Mcmonagle James Michael Jr	officer: VP and Chief Financial Officer	620 W. GERMANTOWN PIKE, SUITE 175, PLYMOUTH MEETING PA 19462
Robert E Wisniewski	officer: EVP and CFO	C/O K-TRON INTERNATIONAL, INC., ROUTES 55 & 553, PO BOX 888, PITMAN NJ 08071
Clifford Robert Martin	officer: VP and Chief Financial Officer	AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Rory Burke	officer: Pres&CEO, Palm Coast Data, LLC	C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Christopher V Vitale	officer: Vice Pres., Gen. Counsel & Sec	AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540
Peter M. Pizza	officer: Vice President and CFO	C/O AMREP CORPORATION, 300 ALEXANDER PARK, SUITE 204, PRINCETON NJ 08540