Amcon Distributing Co's total inventories for the quarter that ended in Mar. 2024 was $121 Mil. Amcon Distributing Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $140 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Amcon Distributing Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-184.70.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Amcon Distributing Co's Days Inventory for the
three
months ended in Mar. 2024 was 22.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Amcon Distributing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.00.
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.
Amcon Distributing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.
Amcon Distributing Co Total Inventories Historical Data
The historical data trend for Amcon Distributing Co'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.
Amcon Distributing Co 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.
Amcon Distributing Co (AMEX:DIT) 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.
Amcon Distributing Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is
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.
Amcon Distributing Co's Inventory to Revenue for the quarter that ended in Mar. 2024 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
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.
Amcon Distributing Co Total Inventories Related Terms
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Amcon Distributing Co (Amcon Distributing Co) Business Description
Amcon Distributing Co is engaged in the wholesale and retail distribution of consumer products such as cigarettes, tobacco, confectionery, health food, and others. It operates in two segments: Wholesale distribution segment distributing consumer products to the retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops in the Central, Rocky Mountain, and Southern regions of the United States; and the Retail health food segment is a specialty retailer of natural/organic groceries and dietary supplements throughout the Midwest and Florida. The company earns a majority of the revenue from the Wholesale distribution segment.
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