AMMX (AmeraMex International) Days Inventory: 251.20 (As of Mar. 2023)


AMMX AmeraMex International Inc AMMX
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What is AmeraMex International Days Inventory?

AmeraMex International AMMX +1.13% 12 Days Inventory is 251.20 as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). AmeraMex International's Average Total Inventories for the three months ended in Mar. 2023 was $6.58 Mil. AmeraMex International's Cost of Goods Sold for the three months ended in Mar. 2023 was $2.39 Mil. Hence, AmeraMex International's Days Inventory for the three months ended in Mar. 2023 was 251.20.

The historical rank and industry rank for AmeraMex International's Days Inventory or its related term are showing as below:

AMMX's Days Inventory is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 127.06
* Ranked among companies with meaningful Days Inventory only.

AmeraMex International's Days Inventory increased from Mar. 2022 (146.18) to Mar. 2023 (251.20). It might indicate that AmeraMex International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AmeraMex International's Inventory Turnover for the three months 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 three months ended in Mar. 2023 was 2.05.


AmeraMex International  (OTCPK:AMMX) 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.

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

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.

AmeraMex International's Inventory to Revenue for the three months ended in Mar. 2023 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

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.


AmeraMex International Days Inventory Related Terms


AmeraMex International Days Inventory Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International Days Inventory Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial 164.46 133.36 185.90 102.49 141.95

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 146.18 375.00 155.26 151.82 251.20

AMMX vs PTRAQ, CEAD, ZEVY: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, AmeraMex International'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.


AmeraMex International Days Inventory vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AmeraMex International's Days Inventory distribution charts can be found below:

* The bar in red indicates where AmeraMex International's Days Inventory falls into.


AMMX
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AmeraMex International Inc AMMX
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AmeraMex International Days Inventory Calculation

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 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
=( (5.186 + 6.276) / 2 ) / 14.736*365
=5.731 / 14.736*365
=141.95

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

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (6.276 + 6.888) / 2 ) / 2.391*365 / 4
=6.582 / 2.391*365 / 4
=251.20

* 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 251.20 mean?
AmeraMex International (AMMX) has a Days Inventory of 251.20 as of Mar. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on AmeraMex International and its competitors.
Is AmeraMex International's Days Inventory too high?
AmeraMex International's current Days Inventory is 251.20. The Farm & Heavy Construction Machinery industry median Days Inventory is 127.06. AmeraMex International's value of 251.20 is 97.7% above this industry median. 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 Days Inventory compare to PTRAQ and CEAD?
AmeraMex International's Days Inventory of 251.20 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Days Inventory is 127.06. AmeraMex International's value of 251.20 is 97.7% above 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 Farm & Heavy Construction Machinery company?
The median Days Inventory among Farm & Heavy Construction Machinery companies is 127.06, based on 208 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. AmeraMex International's current Days Inventory of 251.20 is 97.7% above 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 AmeraMex International and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 127.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmeraMex International's current Days Inventory is 251.20. 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 Days Inventory of 251.20. The current Days Inventory is 251.20 and 97.7% above the Farm & Heavy Construction Machinery industry median of 127.06. 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 Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For AmeraMex International (AMMX), the current Days Inventory is 251.20 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

Address 3930 Esplanade, Chico, CA, USA, 95973
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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