GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AmpliTech Group Inc (NAS:AMPG) » Definitions » Days Inventory

AmpliTech Group (AmpliTech Group) Days Inventory : 299.44 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is AmpliTech Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AmpliTech Group's Average Total Inventories for the three months ended in Dec. 2023 was $6.57 Mil. AmpliTech Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.00 Mil. Hence, AmpliTech Group's Days Inventory for the three months ended in Dec. 2023 was 299.44.

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

AMPG' s Days Inventory Range Over the Past 10 Years
Min: 75.23   Med: 120.91   Max: 290.55
Current: 290.55

During the past 13 years, AmpliTech Group's highest Days Inventory was 290.55. The lowest was 75.23. And the median was 120.91.

AMPG's Days Inventory is ranked worse than
90.94% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs AMPG: 290.55

AmpliTech Group's Days Inventory increased from Dec. 2022 (247.86) to Dec. 2023 (299.44). It might indicate that AmpliTech Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. AmpliTech Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.30.

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. AmpliTech Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.64.


AmpliTech Group Days Inventory Historical Data

The historical data trend for AmpliTech Group'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.

AmpliTech Group Days Inventory Chart

AmpliTech Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.23 89.01 215.87 188.71 289.27

AmpliTech Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 247.86 262.46 285.62 323.74 299.44

Competitive Comparison of AmpliTech Group's Days Inventory

For the Communication Equipment subindustry, AmpliTech Group'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.


AmpliTech Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AmpliTech Group's Days Inventory distribution charts can be found below:

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



AmpliTech Group Days Inventory Calculation

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

AmpliTech Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (6.632 + 6.538) / 2 ) / 8.309*365
=6.585 / 8.309*365
=289.27

AmpliTech Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6.608 + 6.538) / 2 ) / 2.003*365 / 4
=6.573 / 2.003*365 / 4
=299.44

* 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.


AmpliTech Group  (NAS:AMPG) 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.

AmpliTech Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

AmpliTech Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


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.


AmpliTech Group Days Inventory Related Terms

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


AmpliTech Group (AmpliTech Group) Business Description

Traded in Other Exchanges
N/A
Address
155 Plant Avenue, Hauppauge, NY, USA, 11788
AmpliTech Group Inc designs, develop, engineers, & assembles micro-wave component-based amplifiers that meet individual customer specifications. Its products consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters, & custom assemblies such as MMIC (Monolithic Microwave Integrated Circuit) and MIC (Microwave Integrated Circuit) designs. It also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.
Executives
Daniel Richard Mazziota director C/O AMPLITECH, INC., 155 PLANT AVENUE, HAUPPAUGE NY 11788
Jorge Luis Flores officer: Chief Operating Officer 155 PLANT AVENUE, HAUPPAUGE NY 11788
Fawad Maqbool director, 10 percent owner, officer: President, CEO and Secretary C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Joseph Kappers director C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Louisa Sanfratello officer: Chief Financial Officer 155 PLANT AVENUE, HAUPPAUGE NY 11788
Wayne Stephen Homschek director 535 FIFTH ST., 22ND FLOOR, NEW YORK NY 10017
Andrew Dylan Lee director C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Microphase Corp 10 percent owner 100 TRAP FALLS ROAD EXTENSION,, SUITE 400, SHELTON CT 06484

AmpliTech Group (AmpliTech Group) Headlines

From GuruFocus