AMMX (AmeraMex International) Total Inventories: $6.89 Mil (As of Mar. 2023)


AMMX AmeraMex International Inc AMMX
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What is AmeraMex International Total Inventories?

AmeraMex International AMMX 12 Total Inventories is $6.89 Mil as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

AmeraMex International's total inventories for the quarter that ended in Mar. 2023 was $6.89 Mil. AmeraMex International's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was $6.58 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AmeraMex International's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.27.

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 three months ended in Mar. 2023 was 251.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. AmeraMex International's Inventory Turnover for the quarter that 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 quarter that ended in Mar. 2023 was 2.05.


AmeraMex International  (OTCPK:AMMX) 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.

AmeraMex International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.94+0.75 * 0.792+0.5 * 6.888-9.018
-0-0)/14.829
=-0.27

2. 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 three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=6.582/2.391*365 / 4
=251.20

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

AmeraMex International's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=2.391 / 6.582
=0.36

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.

AmeraMex International's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=6.582 / 3.209
=2.05

* 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.


AmeraMex International Total Inventories Related Terms


AmeraMex International Total Inventories Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International Total Inventories Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial 2.69 4.83 5.87 5.19 6.28

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 6.68 9.42 7.44 6.28 6.89
AMMX
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AmeraMex International Inc AMMX
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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AmeraMex International 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 $6.89 Mil mean?
AmeraMex International (AMMX) has a Total Inventories of $6.89 Mil as of Mar. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for AmeraMex International and its competitors.
Is AmeraMex International's Total Inventories too high?
AmeraMex International's current Total Inventories is $6.89 Mil. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's Total Inventories compare to PTRAQ and CEAD?
AmeraMex International's Total Inventories of $6.89 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Total Inventories depends on the Farm & Heavy Construction Machinery 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 AmeraMex International and its competitors. AmeraMex International's current Total Inventories is $6.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current Total Inventories of $6.89 Mil. The current Total Inventories is $6.89 Mil. AmeraMex International's overall GF Score™ is 12/100. 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 AmeraMex International (AMMX), the current Total Inventories is $6.89 Mil as of Mar. 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.

AmeraMex International Business Description

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, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
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