AMHGQ (Amergent Hospitality Group) Days Inventory: 3.14 (As of Dec. 2022)


What is Amergent Hospitality Group Days Inventory?

Amergent Hospitality Group AMHGQ -99.00% Days Inventory is 3.14 as of Dec. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Amergent Hospitality Group's Average Total Inventories for the three months ended in Dec. 2022 was $0.18 Mil. Amergent Hospitality Group's Cost of Goods Sold for the three months ended in Dec. 2022 was $5.28 Mil. Hence, Amergent Hospitality Group's Days Inventory for the three months ended in Dec. 2022 was 3.14.

The historical rank and industry rank for Amergent Hospitality Group's Days Inventory or its related term are showing as below:

AMHGQ's Days Inventory is not ranked *
in the Restaurants industry.
Industry Median: 16.07
* Ranked among companies with meaningful Days Inventory only.

Amergent Hospitality Group's Days Inventory declined from Dec. 2021 (3.24) to Dec. 2022 (3.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Amergent Hospitality Group's Inventory Turnover for the three months 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 three months ended in Dec. 2022 was 0.04.

Amergent Hospitality Group  (OTCPK:AMHGQ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

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

2. 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 three months 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Amergent Hospitality Group Days Inventory Related Terms

Amergent Hospitality Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Amergent Hospitality Group's Days 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 Days Inventory Chart

Amergent Hospitality Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Inventory
3.62 4.43 3.33 2.89

Amergent Hospitality Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Days 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 3.24 3.36 3.17 3.09 3.14

AMHGQ vs MCD, SBUX, CMG: Days Inventory Comparison

For the Restaurants subindustry, Amergent Hospitality Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amergent Hospitality Group Days Inventory vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amergent Hospitality Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amergent Hospitality Group's Days Inventory falls into.


Amergent Hospitality Group Days Inventory Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.182 + 0.158) / 2 ) / 21.466*365
=0.17 / 21.466*365
=2.89

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

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (0.205 + 0.158) / 2 ) / 5.278*365 / 4
=0.1815 / 5.278*365 / 4
=3.14

* 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 Days Inventory →
What does a Days Inventory of 3.14 mean?
Amergent Hospitality Group (AMHGQ) has a Days Inventory of 3.14 as of Dec. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Amergent Hospitality Group and its competitors.
Is Amergent Hospitality Group's Days Inventory too high?
Amergent Hospitality Group's current Days Inventory is 3.14. The Restaurants industry median Days Inventory is 16.07. Amergent Hospitality Group's value of 3.14 is 80.5% below this industry median.
How does Amergent Hospitality Group's Days Inventory compare to MCD and SBUX?
Amergent Hospitality Group's Days Inventory of 3.14 can be compared against companies in the Restaurants industry. The industry median Days Inventory is 16.07. Amergent Hospitality Group's value of 3.14 is 80.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Restaurants company?
The median Days Inventory among Restaurants companies is 16.07, based on 345 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amergent Hospitality Group's current Days Inventory of 3.14 is 80.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Amergent Hospitality Group and its competitors. For the Restaurants industry, the median Days Inventory is 16.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amergent Hospitality Group's current Days Inventory is 3.14. 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 Days Inventory of 3.14. The current Days Inventory is 3.14 and 80.5% below the Restaurants industry median of 16.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Amergent Hospitality Group (AMHGQ), the current Days Inventory is 3.14 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.