Autosports Group (ASX:ASG) Total Inventories : A$510 Mil (As of Dec. 2024)

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What is Autosports Group Total Inventories?

Autosports Group's total inventories for the quarter that ended in Dec. 2024 was A$510 Mil. Autosports Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$500 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Autosports Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-4.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Autosports Group's Days Inventory for the six months ended in Dec. 2024 was 81.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Autosports Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.24.

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. Autosports Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.37.

Autosports Group Total Inventories Historical Data

The historical data trend for Autosports 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.

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Autosports Group Total Inventories Chart

Autosports Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Inventories

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339.63

250.80

217.45

373.76

489.72

Autosports Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial										286.92	373.76	473.29	489.72	510.43

Autosports 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.

Autosports Group (ASX:ASG) 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.

Autosports Group'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)
=	(26.168	+	0.75 * 110.444	+	0.5 * 510.432	-	1351.141
-	0	-	-0.849)	/	202.437
=	-4.87

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

Autosports Group's Days Inventory for the six 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
	=	500.074	/	1119.057	*	365 / 2
	=	81.55

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

Autosports Group'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 )
	=	1119.057	/	500.074
	=	2.24

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.

Autosports Group'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 )
	=	500.074	/	1337.562
	=	0.37

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.

Autosports Group Total Inventories Related Terms

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Autosports Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autosports Group Ltd (ASX:ASG) » Definitions » Total Inventories

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Address

555 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040

Website

https://www.autosportsgroup.com.au

Autosports Group Ltd operates in the retail automotive industry. The core business focuses on the sale of new and used motor vehicles, distribution of finance and insurance products on behalf of retail financiers and automotive insurers. In addition, the company is involved in the sale of aftermarket products and spare parts, motor vehicle servicing and collision repair services. It generates maximum revenue from New and demonstrator vehicles followed by Used vehicles and others. Geographically the group operates in Australia and New Zealand, where the majority revenue is generated from Australia.