Amaero International (ASX:3DA) Total Inventories : A$0.68 Mil (As of Dec. 2023)

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What is Amaero International Total Inventories?

Amaero International's total inventories for the quarter that ended in Dec. 2023 was A$0.68 Mil. Amaero International's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$0.85 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Amaero International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amaero International's Days Inventory for the six months ended in Dec. 2023 was 3,457.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amaero International's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.05.

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. Amaero International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.35.

Amaero International Total Inventories Historical Data

The historical data trend for Amaero International'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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Amaero International Total Inventories Chart

Amaero International Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

0.06

0.55

0.77

1.09

1.03

Amaero International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial				0.91	1.09	1.05	1.03	0.68

Amaero International 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.

Amaero International (ASX:3DA) 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.

Amaero International'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)
=	(11.702	+	0.75 * 0.134	+	0.5 * 0.678	-	1.423
-	0	-	0)	/	479.346
=	0.02

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

Amaero International's Days Inventory for the six 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
	=	0.8525	/	0.045	*	365 / 2
	=	3,457.36

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

Amaero International'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 )
	=	0.045	/	0.8525
	=	0.05

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.

Amaero International'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 )
	=	0.8525	/	0.116
	=	7.35

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.

Amaero International Total Inventories Related Terms

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Amaero International (ASX:3DA) Business Description

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AMROF:USA

Address

13 Normanby Road, Notting Hill, Melbourne, VIC, AUS, 3168

Website

https://www.amaero.com.au

Amaero International Ltd is an Australian based company. It is engaged in the manufacturing of format complex components in metal with laser-based additive manufacturing processes. The firm uses 3D printers to make components out of various metal alloys for its clients, mainly in the Aviation; Defence; Space sectors, and Tool and Die industries. It generates its revenue in the form of research and development, design and prototyping, and 3D printing equipment and consumables among others.

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