AMXX (Maxx Sports TV) Total Inventories: $1.99 Mil (As of Jun. 2003)


What is Maxx Sports TV Total Inventories?

Maxx Sports TV AMXX -99.50% Total Inventories is $1.99 Mil as of Jun. 2003.

Maxx Sports TV's total inventories for the quarter that ended in Jun. 2003 was $1.99 Mil. Maxx Sports TV's average total inventories from the quarter that ended in Mar. 2003 to the quarter that ended in Jun. 2003 was $1.66 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maxx Sports TV's Net-Net Working Capital per share for the quarter that ended in Jun. 2003 was $0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maxx Sports TV's Days Inventory for the three months ended in Jun. 2003 was 55.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maxx Sports TV's Inventory Turnover for the quarter that ended in Jun. 2003 was 1.64.

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. Maxx Sports TV's Inventory-to-Revenue for the quarter that ended in Jun. 2003 was 0.50.


Maxx Sports TV  (OTCPK:AMXX) 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.

Maxx Sports TV's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2003 is

Net-Net Working Capital Per Share (Q: Jun. 2003 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.223+0.75 * 1.483+0.5 * 1.985-2.273
-0-0)/1.364
=0.77

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

Maxx Sports TV's Days Inventory for the three months ended in Jun. 2003 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2003 )/Cost of Goods Sold (Q: Jun. 2003 )*Days in Period
=1.664/2.733*365 / 4
=55.56

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

Maxx Sports TV's Inventory Turnover for the quarter that ended in Jun. 2003 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2003 ) / Average Total Inventories (Q: Jun. 2003 )
=2.733 / 1.664
=1.64

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.

Maxx Sports TV's Inventory to Revenue for the quarter that ended in Jun. 2003 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2003 ) / Revenue (Q: Jun. 2003 )
=1.664 / 3.338
=0.50

* 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.


Maxx Sports TV Total Inventories Related Terms


Maxx Sports TV Total Inventories Historical Data

* Premium members only.

The historical data trend for Maxx Sports TV'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.

Maxx Sports TV Total Inventories Chart

Maxx Sports TV Annual Data
Trend Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.91 1.19 1.43 1.41

Maxx Sports TV Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 1.34 1.40 1.35 1.34 1.99

Maxx Sports TV 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 $1.99 Mil mean?
Maxx Sports TV (AMXX) has a Total Inventories of $1.99 Mil as of Jun. 2003. The total amount of inventory as recorded on a company's balance sheet. View historical data for Maxx Sports TV and its competitors.
Is Maxx Sports TV's Total Inventories too high?
Maxx Sports TV's current Total Inventories is $1.99 Mil.
How does Maxx Sports TV's Total Inventories compare to BOXS and VEND?
Maxx Sports TV's Total Inventories of $1.99 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Total Inventories depends on the Media - Diversified 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 Maxx Sports TV and its competitors. Maxx Sports TV's current Total Inventories is $1.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxx Sports TV stock overvalued right now?
Maxx Sports TV (AMXX) has a current Total Inventories of $1.99 Mil. The current Total Inventories is $1.99 Mil. 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 Maxx Sports TV (AMXX), the current Total Inventories is $1.99 Mil as of Jun. 2003. 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.

Maxx Sports TV Business Description

Address 3500 Elgin Street, Houston, TX, USA, 77004
Maxx Sports TV Inc is a technology development and content creation company. It has created automated broadcast hardware and software that have been used by amateur, semi-professional, and professional sports teams and leagues to produce and stream multi-camera television-quality content.