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AMZE (Amaze Holdings) Inventory Turnover : 0.29 (As of Dec. 2024)


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What is Amaze Holdings Inventory Turnover?

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. Amaze Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.07 Mil. Amaze Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.22 Mil. Amaze Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amaze Holdings's Days Inventory for the three months ended in Dec. 2024 was 312.36.

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. Amaze Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 3.65.


Amaze Holdings Inventory Turnover Historical Data

The historical data trend for Amaze Holdings'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.

* Premium members only.

Amaze Holdings Inventory Turnover Chart

Amaze Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 1.81 7.01 1.32 2.19 1.11

Amaze Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 0.85 0.84 -0.54 0.29

Amaze Holdings Inventory Turnover Calculation

Amaze Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=0.305 / ((0.338 + 0.212) / 2 )
=0.305 / 0.275
=1.11

Amaze Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=0.065 / ((0.233 + 0.212) / 2 )
=0.065 / 0.2225
=0.29

* 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.


Amaze Holdings  (AMEX:AMZE) 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.

Amaze Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.2225/0.065*365 / 4
=312.36

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.

Amaze Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.2225 / 0.061
=3.65

* 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.


Amaze Holdings Inventory Turnover Related Terms

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Amaze Holdings Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 78984, Charlotte, NC, USA, 28271
Fresh Vine Wine Inc is a producer of low-carb, low-calorie premium wines in the United States. The company's wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rose wine, and a Limited Reserve Napa Cabernet.
Executives
Css Llc/il 10 percent owner 175 WEST JACKSON BLVD, SUITE 440, CHICAGO IL 60604
Hitesh Dheri officer: CHIEF FINANCIAL OFFICER 11500 WAYZATA BLVD. #1147, MINNETONKA MN 55305
Keith J Johnson officer: Interim Chief Financial Ofcr 56 REDBAY ROAD, ELGIN SC 29045
Roger C. Cockroft officer: CHIEF EXECUTIVE OFFICER 11500 WAYZATA BLVD., SUITE 1147, MINNETONKA MN 55305
Damian Novak director, 10 percent owner, other: Executive Chairman 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
Michelle Hawkins director 1075 ATLAS PEAK RD, NAPA CA 94558
Janelle Denise Anderson director, officer: CEO 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
James F. Spellmire officer: Interim Chief Financial Office 9624 WYOMING TERRACE, BLOOMINGTON MN 55438
Ellen Scipta officer: CFO C/O INTRICON CORPORATION, 1260 RED FOX ROAD, ARDEN HILLS MN 55112
David Yacullo director 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
Nechio & Novak, Llc 10 percent owner 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
Brad Yacullo director 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
Rick Nechio director, 10 percent owner, officer: President 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
Elliot Savoie officer: Chief Financial Officer 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441
Eric Doan director 505 HIGHWAY 169 NORTH, SUITE 255, PLYMOUTH MN 55441