Amplitude Energy (ASX:AEL) Total Inventories : A$2.0 Mil (As of Jun. 2024)

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What is Amplitude Energy Total Inventories?

Amplitude Energy's total inventories for the quarter that ended in Jun. 2024 was A$2.0 Mil. Amplitude Energy's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was A$1.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Amplitude Energy's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was A$-0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amplitude Energy's Days Inventory for the six months ended in Jun. 2024 was 4.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amplitude Energy's Inventory Turnover for the quarter that ended in Jun. 2024 was 39.69.

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. Amplitude Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.01.

Amplitude Energy Total Inventories Historical Data

The historical data trend for Amplitude Energy'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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Amplitude Energy Total Inventories Chart

Amplitude Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Inventories

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0.82

0.95

0.84

2.18

2.04

Amplitude Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															0.84	1.77	2.18	1.32	2.04

Amplitude Energy 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.

Amplitude Energy (ASX:AEL) 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.

Amplitude Energy's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(14.332	+	0.75 * 13.243	+	0.5 * 2.044	-	805.54
-	0	-	0)	/	2640.04
=	-0.30

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

Amplitude Energy's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	1.682	/	66.765	*	365 / 2
	=	4.60

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

Amplitude Energy's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	66.765	/	1.682
	=	39.69

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.

Amplitude Energy's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	1.682	/	113.183
	=	0.01

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.

Amplitude Energy Total Inventories Related Terms

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Amplitude Energy Business Description

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Address

70 Franklin Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.amplitudeenergy.com.au

Amplitude Energy Ltd is engaged in exploring, developing, and producing natural gas and to produce low-cost oil. It is an exploration and production company that generates revenue from gas supply to Southeast Australia and low-cost Cooper Basin oil production. The company holds a portfolio of gas supply contracts and it has gas-focused acreage and assets in the Southeast Australian energy sector, including well-located reserves and resources in the Otway and Gippsland basins.