AMMX (AmeraMex International) Change In Inventory: $0.24 Mil (TTM As of Mar. 2023)

What is AmeraMex International Change In Inventory?

AmeraMex International AMMX -3.75% 12 Change In Inventory is $0.24 Mil as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

AmeraMex International's change in inventory for the quarter that ended in Mar. 2023 was $-0.46 Mil. It means AmeraMex International's inventory increased by $0.46 Mil from Dec. 2022 to Mar. 2023 .

AmeraMex International's change in inventory for the fiscal year that ended in Dec. 2022 was $-0.53 Mil. It means AmeraMex International's inventory increased by $0.53 Mil from Dec. 2021 to Dec. 2022 .

AmeraMex International's Total Inventories for the quarter that ended in Mar. 2023 was $6.89 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AmeraMex International's Days Inventory for the quarter that ended in Mar. 2023 was 251.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. AmeraMex International's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.36.

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. AmeraMex International's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 2.05.

AmeraMex International (OTCPK:AMMX) Change In Inventory Explanation

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

AmeraMex International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.582	/	2.391	*	365 / 4
	=	251.20

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

AmeraMex International's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.391	/	6.582
	=	0.36

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.

AmeraMex International's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.582	/	3.209
	=	2.05

* 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.

AmeraMex International Change In Inventory Related Terms

AmeraMex International Change In Inventory Historical Data

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The historical data trend for AmeraMex International's Change In Inventory can be seen below:

AmeraMex International Change In Inventory Chart

AmeraMex International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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0.38

-2.14

-1.03

2.85

-0.53

AmeraMex International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Inventory	Get a 7-Day Free Trial															-1.22	-3.01	2.54	1.16	-0.46

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AmeraMex International Inc AMMX

Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.

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AmeraMex International 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $0.24 Mil mean?

AmeraMex International (AMMX) has a Change In Inventory of $0.24 Mil as of Mar. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for AmeraMex International and its competitors.

Is AmeraMex International's Change In Inventory too high?

AmeraMex International's current Change In Inventory is $0.24 Mil. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does AmeraMex International's Change In Inventory compare to PTRAQ and CEAD?

AmeraMex International's Change In Inventory of $0.24 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?

A good Change In Inventory depends on the Farm & Heavy Construction Machinery 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 AmeraMex International and its competitors. AmeraMex International's current Change In Inventory is $0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is AmeraMex International stock overvalued right now?

AmeraMex International (AMMX) has a current Change In Inventory of $0.24 Mil. The current Change In Inventory is $0.24 Mil. AmeraMex International's overall GF Score™ is 12/100. 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 AmeraMex International (AMMX), the current Change In Inventory is $0.24 Mil as of Mar. 2023. 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.

AmeraMex International Business Description

Industry Industrials Farm & Heavy Construction Machinery

Comparable Companies PTRAQ CEAD ZEVY CLEV ARTW IDEX CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A TSE:6326 SHSE:600031 CNHI SZSE:000425 OHEL:METSO SZSE:000157

Address 3930 Esplanade, Chico, CA, USA, 95973

Website https://www.ammx.net

AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries, including construction, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.

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$0.16

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