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


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What is AmeraMex International Days Inventory?

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: 131.48
* 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 Days Inventory Historical Data

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.

* Premium members only.

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

Competitive Comparison of AmeraMex International's Days Inventory

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's Days Inventory Distribution in the 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.



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.


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

Thank you for viewing the detailed overview of AmeraMex International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


AmeraMex International (AmeraMex International) Business Description

Traded in Other Exchanges
N/A
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, logistics, mining, and lumber. The company's key product line is specialized container handling equipment for loading and unloading of container ships and dry dock areas.
Executives
Hope Stone officer: Chief Financial Officer 3930 ESPLANADE, CHICO CA 95973
Lee Hamre director, 10 percent owner, officer: Chief Executive Officer,, other: Chairman 3930 ESPLANADE, CHICO CA 95973
Marty Tullio director, officer: Secretary and Director 3930 ESPLANADE, CHICO CA 95973
Brian Hamre director 3930 ESPLANADE, CHICO CA 95973
John Jeffery Morris director 3930 ESPLANADE, CHICO CA 95973
Michael R. Maloney director, officer: Chief Operations Officer,, other: Treasurer 3930 ESPLANADE, CHICO CA 95973

AmeraMex International (AmeraMex International) Headlines