FUNN (Amfil Technologies) Inventory Turnover: 9.70 (As of Jun. 2023)


What is Amfil Technologies Inventory Turnover?

Amfil Technologies FUNN +14.29% Inventory Turnover is 9.70 as of Jun. 2023.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Amfil Technologies's Cost of Goods Sold for the six months ended in Jun. 2023 was $2.28 Mil. Amfil Technologies's Average Total Inventories for the quarter that ended in Jun. 2023 was $0.23 Mil. Amfil Technologies's Inventory Turnover for the quarter that ended in Jun. 2023 was 9.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amfil Technologies's Days Inventory for the six months ended in Jun. 2023 was 18.81.

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. Amfil Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.

Amfil Technologies  (OTCPK:FUNN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Amfil Technologies's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.2345/2.275*365 / 2
=18.81

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.

Amfil Technologies's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.2345 / 9.009
=0.03

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Amfil Technologies Inventory Turnover Related Terms

Amfil Technologies Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Amfil Technologies's Inventory Turnover 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.

Amfil Technologies Inventory Turnover Chart

Amfil Technologies Annual Data
Trend Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 17.34 12.92 6.76 9.70

Amfil Technologies Semi-Annual Data
Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 17.34 12.92 6.76 9.70

Amfil Technologies Inventory Turnover Calculation

Amfil Technologies's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=2.275 / ((0.23 + 0.239) / 2 )
=2.275 / 0.2345
=9.70

Amfil Technologies's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=2.275 / ((0.23 + 0.239) / 2 )
=2.275 / 0.2345
=9.70

* 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 Inventory Turnover →
What does a Inventory Turnover of 9.70 mean?
Amfil Technologies (FUNN) has a Inventory Turnover of 9.70 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Amfil Technologies and its competitors.
Is Amfil Technologies' Inventory Turnover too high?
Amfil Technologies' current Inventory Turnover is 9.70.
How does Amfil Technologies' Inventory Turnover compare to AXXA and RJDG?
Amfil Technologies' Inventory Turnover of 9.70 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Conglomerates company?
A good Inventory Turnover depends on the Conglomerates industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Amfil Technologies and its competitors. Amfil Technologies's current Inventory Turnover is 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amfil Technologies stock overvalued right now?
Amfil Technologies (FUNN) has a current Inventory Turnover of 9.70. The current Inventory Turnover is 9.70. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Amfil Technologies (FUNN), the current Inventory Turnover is 9.70 as of Jun. 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.

Amfil Technologies Business Description

Address 600 Bloor Street West, Toronto, ON, CAN, M6G 1K4
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.