Alliance Entertainment Holding (Alliance Entertainment Holding) Change In Inventory : $58 Mil (TTM As of Mar. 2024)

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What is Alliance Entertainment Holding Change In Inventory?

Alliance Entertainment Holding's change in inventory for the quarter that ended in Mar. 2024 was $6 Mil. It means Alliance Entertainment Holding's inventory declined by $6 Mil from Dec. 2023 to Mar. 2024 .

Alliance Entertainment Holding's change in inventory for the fiscal year that ended in Jun. 2023 was $100 Mil. It means Alliance Entertainment Holding's inventory declined by $100 Mil from Jun. 2022 to Jun. 2023 .

Alliance Entertainment Holding's Total Inventories for the quarter that ended in Mar. 2024 was $108 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alliance Entertainment Holding's Days Inventory for the quarter that ended in Mar. 2024 was 55.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alliance Entertainment Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.65.

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. Alliance Entertainment Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Alliance Entertainment Holding Change In Inventory Historical Data

The historical data trend for Alliance Entertainment Holding'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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Alliance Entertainment Holding Change In Inventory Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Change In Inventory

35.82

-8.62

-107.78

99.73

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial							12.27	18.92	-12.67	45.50	6.04

Alliance Entertainment Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $58 Mil.

Alliance Entertainment Holding (NAS:AENT) Change In Inventory Explanation

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

Alliance Entertainment Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	110.913	/	183.196	*	365 / 4
	=	55.25

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

Alliance Entertainment Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	183.196	/	110.913
	=	1.65

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.

Alliance Entertainment Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	110.913	/	211.209
	=	0.53

Alliance Entertainment Holding Change In Inventory Related Terms

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Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.