AEYGQ (Addvantage Technologies Group) Total Inventories: $7.79 Mil (As of Sep. 2023)

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AEYGQ Addvantage Technologies Group Inc AEYGQ
16 GF Score
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What is Addvantage Technologies Group Total Inventories?

Addvantage Technologies Group AEYGQ 16 Total Inventories is $7.79 Mil as of Sep. 2023. GuruFocus rates AEYGQ with a GF Score™ of 16/100.

Addvantage Technologies Group's total inventories for the quarter that ended in Sep. 2023 was $7.79 Mil. Addvantage Technologies Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $7.93 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Addvantage Technologies Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-4.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Addvantage Technologies Group's Days Inventory for the three months ended in Sep. 2023 was 96.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Addvantage Technologies Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.95.

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. Addvantage Technologies Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.77.

Addvantage Technologies Group  (OTCPK:AEYGQ) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Addvantage Technologies Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.632+0.75 * 1.491+0.5 * 7.788-13.748
-0-0)/1.485
=-4.78

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

Addvantage Technologies Group's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=7.932/7.502*365 / 4
=96.48

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

Addvantage Technologies Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=7.502 / 7.932
=0.95

4. 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.

Addvantage Technologies Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=7.932 / 10.341
=0.77

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Addvantage Technologies Group Total Inventories Related Terms

Addvantage Technologies Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Addvantage Technologies Group's Total Inventories 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.

Addvantage Technologies Group Total Inventories Chart

Addvantage Technologies Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.46 7.63 5.58 5.92 9.56

Addvantage Technologies Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories 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 8.67 9.56 8.47 8.08 7.79
AEYGQ
16GF Score
Addvantage Technologies Group Inc AEYGQ
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Addvantage Technologies Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $7.79 Mil mean?
Addvantage Technologies Group (AEYGQ) has a Total Inventories of $7.79 Mil as of Sep. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Addvantage Technologies Group and its competitors.
Is Addvantage Technologies Group's Total Inventories too high?
Addvantage Technologies Group's current Total Inventories is $7.79 Mil. Overall, Addvantage Technologies Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Addvantage Technologies Group's Total Inventories compare to MMLP and PHX?
Addvantage Technologies Group's Total Inventories of $7.79 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Addvantage Technologies Group and its competitors. Addvantage Technologies Group's current Total Inventories is $7.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addvantage Technologies Group stock overvalued right now?
Addvantage Technologies Group (AEYGQ) has a current Total Inventories of $7.79 Mil. The current Total Inventories is $7.79 Mil. Addvantage Technologies Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Addvantage Technologies Group (AEYGQ), the current Total Inventories is $7.79 Mil as of Sep. 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.

Addvantage Technologies Group Business Description

Address 1430 Bradley Lane, Suite 196, Carrollton, TX, USA, 75007
Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services, including the installation, modification, and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners, and majority equipment manufacturers. Its Telecommunications segment sells equipment used to acquire, distribute, and protect communications signals. The Telecommunications segment generates the maximum revenue for the company.
16GF Score

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