AMHGQ (Amergent Hospitality Group) Change In Inventory: $0.02 Mil (TTM As of Dec. 2022)

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What is Amergent Hospitality Group Change In Inventory?

Amergent Hospitality Group AMHGQ -99.00% Change In Inventory is $0.02 Mil as of Dec. 2022.

Amergent Hospitality Group's change in inventory for the quarter that ended in Dec. 2022 was $0.05 Mil. It means Amergent Hospitality Group's inventory declined by $0.05 Mil from Sep. 2022 to Dec. 2022 .

Amergent Hospitality Group's change in inventory for the fiscal year that ended in Dec. 2022 was $0.02 Mil. It means Amergent Hospitality Group's inventory declined by $0.02 Mil from Dec. 2021 to Dec. 2022 .

Amergent Hospitality Group's Total Inventories for the quarter that ended in Dec. 2022 was $0.16 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amergent Hospitality Group's Days Inventory for the quarter that ended in Dec. 2022 was 3.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amergent Hospitality Group's Inventory Turnover for the quarter that ended in Dec. 2022 was 29.08.

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. Amergent Hospitality Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.04.

Amergent Hospitality Group  (OTCPK:AMHGQ) Change In Inventory Explanation

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

Amergent Hospitality Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.1815/5.278*365 / 4
=3.14

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

Amergent Hospitality Group's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.278 / 0.1815
=29.08

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.

Amergent Hospitality Group's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.1815 / 4.667
=0.04

* 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.

Amergent Hospitality Group Change In Inventory Related Terms

Amergent Hospitality Group Change In Inventory Historical Data

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The historical data trend for Amergent Hospitality Group'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.

Amergent Hospitality Group Change In Inventory Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Inventory
-0.07 0.11 -0.05 0.02

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.08 -0.00 -0.01 -0.02 0.05

Amergent Hospitality Group 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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 $0.02 Mil mean?
Amergent Hospitality Group (AMHGQ) has a Change In Inventory of $0.02 Mil as of Dec. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Amergent Hospitality Group and its competitors.
Is Amergent Hospitality Group's Change In Inventory too high?
Amergent Hospitality Group's current Change In Inventory is $0.02 Mil.
How does Amergent Hospitality Group's Change In Inventory compare to MCD and SBUX?
Amergent Hospitality Group's Change In Inventory of $0.02 Mil can be compared against companies in the Restaurants 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 a Restaurants company?
A good Change In Inventory depends on the Restaurants 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 Amergent Hospitality Group and its competitors. Amergent Hospitality Group's current Change In Inventory is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amergent Hospitality Group stock overvalued right now?
Amergent Hospitality Group (AMHGQ) has a current Change In Inventory of $0.02 Mil. The current Change In Inventory is $0.02 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 Amergent Hospitality Group (AMHGQ), the current Change In Inventory is $0.02 Mil as of Dec. 2022. 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.

Amergent Hospitality Group Business Description

Address 7529 Red Oak Lane, Charlotte, NC, USA, 28226
Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.