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American Metal & Technology (American Metal & Technology) Total Inventories : $2.49 Mil (As of Sep. 2010)


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What is American Metal & Technology Total Inventories?

American Metal & Technology's total inventories for the quarter that ended in Sep. 2010 was $2.49 Mil. American Metal & Technology's average total inventories from the quarter that ended in Jun. 2010 to the quarter that ended in Sep. 2010 was $2.34 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. American Metal & Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Metal & Technology's Days Inventory for the three months ended in Sep. 2010 was 99.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Metal & Technology's Inventory Turnover for the quarter that ended in Sep. 2010 was 0.92.

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. American Metal & Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.78.


American Metal & Technology Total Inventories Historical Data

The historical data trend for American Metal & Technology'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.

* Premium members only.

American Metal & Technology Total Inventories Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.55 1.08 1.91

American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Total Inventories 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 2.06 1.91 1.86 2.19 2.49

American Metal & Technology 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.


American Metal & Technology  (OTCPK:AMGY) 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.

American Metal & Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 is

Net-Net Working Capital Per Share (Q: Sep. 2010 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.845+0.75 * 0.846+0.5 * 2.485-2.252
-0-0)/12.0122
=0.37

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

American Metal & Technology's Days Inventory for the three months ended in Sep. 2010 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2010 )/Cost of Goods Sold (Q: Sep. 2010 )*Days in Period
=2.3395/2.141*365 / 4
=99.71

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

American Metal & Technology's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2010 ) / Average Total Inventories (Q: Sep. 2010 )
=2.141 / 2.3395
=0.92

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.

American Metal & Technology's Inventory to Revenue for the quarter that ended in Sep. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=2.3395 / 2.99
=0.78

* 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

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.


American Metal & Technology Total Inventories Related Terms

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American Metal & Technology (American Metal & Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.

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