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Allient (Allient) Total Inventories : $117.7 Mil (As of Dec. 2023)


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What is Allient Total Inventories?

Allient's total inventories for the quarter that ended in Dec. 2023 was $117.7 Mil. Allient's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $117.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Allient's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allient's Days Inventory for the three months ended in Dec. 2023 was 110.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Allient's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.

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. Allient's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.83.


Allient Total Inventories Historical Data

The historical data trend for Allient'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.

* Premium members only.

Allient Total Inventories Chart

Allient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.39 62.98 89.73 117.11 117.69

Allient Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 117.11 116.23 116.10 117.29 117.69

Allient 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.


Allient  (NAS:ALNT) 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.

Allient's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(31.901+0.75 * 85.127+0.5 * 117.686-345.967
-0-0)/16.308
=-11.74

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

Allient's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=117.4885/96.623*365 / 4
=110.96

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

Allient's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=96.623 / 117.4885
=0.82

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.

Allient's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=117.4885 / 140.997
=0.83

* 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.


Allient Total Inventories Related Terms

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Allient (Allient) Business Description

Traded in Other Exchanges
Address
495 Commerce Drive, Suite 3, Amherst, New York, NY, USA, 14228
Allient Inc, formerly Allied Motion Technologies Inc designs, manufactures, and sells precision and specialty motion control components and systems. The firm primarily caters to the vehicle, medical, aerospace and defense, and electronics and industrial, pumps, and robotics sectors. It mainly operates and sells across the United States, Canada, South America, Europe, and Asia. Its products and solutions include nano precision positioning systems, servo control systems, motion controllers, digital servo amplifiers and drives, brushless servo, torque, and coreless motors, brush motors, integrated motor drives, gear motors, gearing, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues.
Executives
Kenneth Arthur May officer: Chief Technology Officer 495 COMMERCE DRIVE, AMHERST NY 14228
Nicole R Tzetzo director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Robert B Engel director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Steven C. Finch director 6363 MAIN STREET, WILLIAMSVILLE NY 14221
James J Tanous director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Richard D Federico director 8041 GREENBRIAR COURT, BURR RIDGE IL 60527
Michael R Winter director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Geoffery Rondeau officer: VP of Operational Excellence 495 COMMERCE DRIVE, AMHERST NY 14228
Helmut Pirthauer officer: VP and Group President 495 COMMERCE DRIVE, AMHERST NY 14228
Michael R Leach officer: Chief Financial Officer 495 COMMERCE DRIVE, AMHERST NY 14228
Ashish Bendre officer: Senior VP and Group President 495 COMMERCE DRIVE, AMHERST NY 14228
Richard S Warzala director, 10 percent owner, officer: Chief Executive Officer 495 COMMERCE DRIVE, AMHERST NY 14228
Robert P Maida officer: Senior VP and Group President 495 COMMERCE DRIVE, AMHERST NY 14228
Gerald J Laber director C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504
Smith Richard D /co/ director, officer: Chief Executive Officer