GURUFOCUS.COM » STOCK LIST » USA » NAS » Academy Sports and Outdoors Inc (NAS:ASO) » Definitions » Total Inventories
Switch to:

Academy Sports and Outdoors (NAS:ASO) Total Inventories

: $1,495 Mil (As of Oct. 2022)
View and export this data going back to 2020. Start your Free Trial

Academy Sports and Outdoors's total inventories for the quarter that ended in Oct. 2022 was $1,495 Mil. Academy Sports and Outdoors's average total inventories from the quarter that ended in Jul. 2022 to the quarter that ended in Oct. 2022 was $1,400 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Academy Sports and Outdoors's Net-Net Working Capital per share for the quarter that ended in Oct. 2022 was $-27.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Academy Sports and Outdoors's Days Inventory for the three months ended in Oct. 2022 was 131.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Academy Sports and Outdoors's Inventory Turnover for the quarter that ended in Oct. 2022 was 0.69.

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. Academy Sports and Outdoors's Inventory-to-Revenue for the quarter that ended in Oct. 2022 was 0.94.


Academy Sports and Outdoors Total Inventories Historical Data

The historical data trend for Academy Sports and Outdoors'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.

Academy Sports and Outdoors Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22
Total Inventories
- 1,134.16 1,099.75 990.03 1,171.81

Academy Sports and Outdoors Quarterly Data
Jan18 Jan19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Total Inventories 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 1,325.98 1,171.81 1,323.89 1,304.56 1,495.46

Academy Sports and Outdoors 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.


Academy Sports and Outdoors  (NAS:ASO) 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.

Academy Sports and Outdoors's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2022 is

Net-Net Working Capital Per Share (Q: Oct. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(318.167+0.75 * 15.998+0.5 * 1495.464-3223.545
-0-0)/77.9595
=-27.52

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

Academy Sports and Outdoors's Days Inventory for the three months ended in Oct. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2022 )/Cost of Goods Sold (Q: Oct. 2022 )*Days in Period
=1400.01/971.454*365 / 4
=131.50

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

Academy Sports and Outdoors's Inventory Turnover for the quarter that ended in Oct. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2022 ) / Average Total Inventories (Q: Oct. 2022 )
=971.454 / 1400.01
=0.69

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.

Academy Sports and Outdoors's Inventory to Revenue for the quarter that ended in Oct. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2022 ) / Revenue (Q: Oct. 2022 )
=1400.01 / 1493.925
=0.94

* 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.


Academy Sports and Outdoors Total Inventories Related Terms

Thank you for viewing the detailed overview of Academy Sports and Outdoors's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Academy Sports and Outdoors (NAS:ASO) Business Description

Academy Sports and Outdoors logo
Traded in Other Exchanges
N/A
Address
1800 North Mason Road, Katy, TX, USA, 77449
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
Executives
Turner Christopher Lee director 1441 GARDINER LANE LOUISVILLE KY 40213
Turney Sharen J director THREE LIMITED PARKWAY COLUMBUS OH 43230
Raff Beryl director 5555 DARROW RD HUDSON OH 44236
Nealon Thomas M director 6501 LEGACY DRIVE PLANO TX 75024
Harriman Sherry L. officer: SVP, Logistics & Supply Chain C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 N MASON ROAD KATY TX 77449
Beck Wendy A. director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD. 7665 CORPORATE CENTER DRIVE MIAMI FL 33126
Allstar Llc 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Kkr 2006 Allstar Blocker L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Kkr 2006 Fund (allstar) L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Davis Heather A. officer: VP, Controller C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449
Allstar Co-invest Gp Llc 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Tweedy Jeffrey C. director C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449
Allstar Co-invest Blocker L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P. 30 HUDSON YARDS NEW YORK NY 10001
Ennis William S. officer: See Remarks C/O ACADEMY SPORTS AND OUTDOORS, INC. 1800 NORTH MASON ROAD KATY TX 77449
Patel Vishal director C/O US FOODS HOLDING CORP. 9399 W. HIGGINS RD. ROSEMONT IL 60018

Academy Sports and Outdoors (NAS:ASO) Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
premium membership