AMGY (American Metal & Technology) Change In Inventory: $-0.47 Mil (TTM As of Sep. 2010)


What is American Metal & Technology Change In Inventory?

American Metal & Technology AMGY -99.00% Change In Inventory is $-0.47 Mil as of Sep. 2010.

American Metal & Technology's change in inventory for the quarter that ended in Sep. 2010 was $-0.25 Mil. It means American Metal & Technology's inventory increased by $0.25 Mil from Jun. 2010 to Sep. 2010 .

American Metal & Technology's change in inventory for the fiscal year that ended in Dec. 2009 was $-0.94 Mil. It means American Metal & Technology's inventory increased by $0.94 Mil from Dec. 2008 to Dec. 2009 .

American Metal & Technology's Total Inventories for the quarter that ended in Sep. 2010 was $2.49 Mil.

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 quarter that 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  (OTCPK:AMGY) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.3395/2.141*365 / 4
=99.71

2. 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 / Average Total Inventories
=2.141 / 2.3395
=0.92

3. 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 / Revenue
=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.

American Metal & Technology Change In Inventory Related Terms

American Metal & Technology Change In Inventory Historical Data

* Premium members only.

The historical data trend for American Metal & Technology's Change In 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.

American Metal & Technology Change In Inventory Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.05 -0.04 -0.49 -0.94

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
Change In 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 -0.42 0.04 0.06 -0.32 -0.25

American Metal & Technology Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.47 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-0.47 Mil mean?
American Metal & Technology (AMGY) has a Change In Inventory of $-0.47 Mil as of Sep. 2010. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for American Metal & Technology and its competitors.
Is American Metal & Technology's Change In Inventory too high?
American Metal & Technology's current Change In Inventory is $-0.47 Mil.
How does American Metal & Technology's Change In Inventory compare to competitors?
American Metal & Technology's Change In Inventory of $-0.47 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Industrial Products company?
A good Change In Inventory depends on the Industrial Products industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for American Metal & Technology and its competitors. American Metal & Technology's current Change In Inventory is $-0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Metal & Technology stock overvalued right now?
American Metal & Technology (AMGY) has a current Change In Inventory of $-0.47 Mil. The current Change In Inventory is $-0.47 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For American Metal & Technology (AMGY), the current Change In Inventory is $-0.47 Mil as of Sep. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Metal & Technology Business Description

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.