AS (Amer Sports) Total Inventories : $1,223 Mil (As of Dec. 2024)

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What is Amer Sports Total Inventories?

Amer Sports's total inventories for the quarter that ended in Dec. 2024 was $1,223 Mil. Amer Sports's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $1,281 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Amer Sports's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-3.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amer Sports's Days Inventory for the three months ended in Dec. 2024 was 162.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amer Sports's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.56.

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. Amer Sports's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.78.

Amer Sports Total Inventories Historical Data

The historical data trend for Amer Sports'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.

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Amer Sports Total Inventories Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

569.50

582.80

912.50

1,099.60

1,223.30

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial								1,099.60	1,100.60	1,241.00	1,338.50	1,223.30

Amer Sports 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.

Amer Sports (NYSE:AS) 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.

Amer Sports's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(345.4	+	0.75 * 607.1	+	0.5 * 1223.3	-	3327.9
-	0	-	9.1)	/	553.631
=	-3.48

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

Amer Sports'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
	=	1280.9	/	718	*	365 / 4
	=	162.79

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	718	/	1280.9
	=	0.56

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.

Amer Sports'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 )
	=	1280.9	/	1635.5
	=	0.78

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.

Amer Sports Total Inventories Related Terms

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Amer Sports Business Description

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Address

Siltasaarenkatu 8-10, Helsinki, FIN, 00530

Website

https://www.amersports.com

Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.