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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. Amcon Distributing Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $158 Mil. Amcon Distributing Co's Revenue for the three months ended in Dec. 2023 was $645 Mil. Amcon Distributing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.
Amcon Distributing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.23) to Sep. 2023 (0.25)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenueDays Inventory indicates the number of days of goods in sales that a company has in the inventory. Amcon Distributing Co's Days Inventory for the three months ended in Dec. 2023 was 24.02.
Inventory Turnover measures how fast the company turns over its inventory within a year. Amcon Distributing Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.80.
The historical data trend for Amcon Distributing Co's Inventory-to-Revenue 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.
For the Food Distribution subindustry, Amcon Distributing Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
For the Retail - Defensive industry and Consumer Defensive sector, Amcon Distributing Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Amcon Distributing Co's Inventory-to-Revenue falls into.
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.
Amcon Distributing Co's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as
Inventory-to-Revenue (A: Sep. 2023 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (A: Sep. 2022 ) | + | Total Inventories (A: Sep. 2023 )) | / | count ) | / | Revenue (A: Sep. 2023 ) |
= | ( (134.655 | + | 158.583) | / | 2 ) | / | 2539.995 |
= | 146.619 | / | 2539.995 | ||||
= | 0.06 |
Amcon Distributing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as
Inventory-to-Revenue (Q: Dec. 2023 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (Q: Sep. 2023 ) | + | Total Inventories (Q: Dec. 2023 )) | / | count ) | / | Revenue (Q: Dec. 2023 ) |
= | ( (158.583 | + | 158.167) | / | 2 ) | / | 644.959 |
= | 158.375 | / | 644.959 | ||||
= | 0.25 |
* 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.
Amcon Distributing Co (AMEX:DIT) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenueLikewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Amcon Distributing Co'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 |
= | 158.375 | / | 601.658 | * | 365 / 4 | |
= | 24.02 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Amcon Distributing Co'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 ) |
= | 601.658 | / | 158.375 | |
= | 3.80 |
* 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.
Thank you for viewing the detailed overview of Amcon Distributing Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Kathleen M Evans | director, officer: President | 15701 NORTH 47TH ST, OMAHA NE 68152 |
Charles J. Schmaderer | officer: VP,Controller,Secretary | 7405 IRVINGTON ROAD, OMAHA NE 68122 |
Jeremy W Hobbs | director | 444 NORTH MICHIGAN AVE, STE 2050, CHICAGO IL 60611 |
John R Loyack | director | ALVARADO SQUARE MS 2818, ALBUQUERQUE NM 87158 |
William F Wright | director, 10 percent owner, officer: Chairman | 1431 STRATFORD CT, DEL MAR CA 92014 |
Timothy R Pestotnik | director | 600 W BROADWAY, STE 2600, SAN DIEGO CA 92101 |
Stanley Mayer | director | |
Christopher H Atayan | director, officer: CEO and Vice Chairman | C/O SLUSSER ASSOCIATES, INC., 153 EAST 53RD STREET, NEW YORK NY 10022 |
Andrew Charles Plummer | officer: Chief Financial Officer | 18325 JEFFERSON ST, OMAHA NE 68135 |
Eric J Hinkefent | officer: President of CNF and HFA | ROUTE 5, BOX 445, COWETA OK 74429 |
Raymond F Bentele | director | C/O MALLINCKRODT GROUP INC, 7733 FORSYTH BLVD, ST LOUIS MO 63105 |
Philip E Campbell | officer: SVP - Planning and Compliance | 1302 ELMSHADE COVE, ROUND ROCK TX 78664 |
Draupnir Llc | 10 percent owner | 500 N DEARBORN, 2ND FL, CHICAGO IL 60610 |
Allen D Petersen | director, 10 percent owner | 122 WEST COUNTY LINE ROAD, BARRINGTON HILLS IL 60010 |
Dawson Foundation Alexander | 10 percent owner | 4045 SOUTH SPENCER STREEET, SUITE 312, LAS VEGAS NV 89119 |
From GuruFocus
By asues 11-19-2010
By jrerickson 06-20-2011
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