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Avalon Holdings (Avalon Holdings) Total Inventories : $1.66 Mil (As of Dec. 2023)


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What is Avalon Holdings Total Inventories?

Avalon Holdings's total inventories for the quarter that ended in Dec. 2023 was $1.66 Mil. Avalon Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1.69 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Avalon Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-10.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avalon Holdings's Days Inventory for the three months ended in Dec. 2023 was 10.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avalon Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.71.

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. Avalon Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.


Avalon Holdings Total Inventories Historical Data

The historical data trend for Avalon Holdings'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.

Avalon Holdings Total Inventories Chart

Avalon Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.91 1.11 1.46 1.66

Avalon Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.46 1.73 1.83 1.72 1.66

Avalon Holdings 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.


Avalon Holdings  (AMEX:AWX) 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.

Avalon Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.187+0.75 * 9.499+0.5 * 1.662-51.865
-0--0.616)/3.89943
=-10.80

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

Avalon Holdings'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
=1.689/14.709*365 / 4
=10.48

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

Avalon Holdings'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 )
=14.709 / 1.689
=8.71

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.

Avalon Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.689 / 17.617
=0.10

* 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.


Avalon Holdings Total Inventories Related Terms

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Avalon Holdings (Avalon Holdings) Business Description

Traded in Other Exchanges
N/A
Address
One American Way, Warren, OH, USA, 44484-5555
Avalon Holdings Corp is a waste management company. The company provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets. It has two operating segments. The Waste management services segment which is the key revenue driver, includes waste disposal services, captive landfill operations, and saltwater injection well operations. Its Golf and related operations segment include management of golf courses and related clubhouses, a hotel, fitness centers, tennis courts, salon and spa services, dining, banquet and conference facilities and a travel agency.
Executives
Bryan Saksa officer: CHIEF FINANCIAL OFFICER ONE AMERICAN WAY, WARREN OH 44484
Christine Bell officer: President ONE AMERICAN WAY, WARREN OH 44484
Stephen L Gordon director 41 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Kenneth J Mcmahon officer: See Remarks ONE AMERICAN WAY, WARREN OH 44484
Kurtis Dean Gramley director 1001 HIGHLAND ROAD, SHARON PA 16146
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340
David G Bozanich director 7842 WALNUT STREET, YOUNGSTOWN OH 44512
Timothy C Coxson officer: Chief Financial Officer ONE AMERICAN WAY, WARREN OH 44484 5555
Robert Michael Arnoni director 3757 LIBRARY ROAD, SUITE 250, PITTSBURGH PA 15234
Advisory Research Inc 10 percent owner 180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p. 10 percent owner 180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Lourde John Constable 10 percent owner 5 RADNOR CORP CENTER, 100 MATSONFORD ROAD SUITE 520, RADNOR PA 19087
Nalluri Anil Choudary Inc P/s Plan & Trust U/a/dtd 7/1/80 10 percent owner 5500 MARKET ST #128, C/O ANIL C NALLURI MD INC, YOUNGSTOWN OH 44512
Thomas C Kniss director ONE AMERICAN WAY, WARREN OH 44484

Avalon Holdings (Avalon Holdings) Headlines