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ATONY (Anton Oilfield Services Group) Total Inventories : $106.0 Mil (As of Dec. 2024)


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What is Anton Oilfield Services Group Total Inventories?

Anton Oilfield Services Group's total inventories for the quarter that ended in Dec. 2024 was $106.0 Mil. Anton Oilfield Services Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was $114.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Anton Oilfield Services Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-23.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anton Oilfield Services Group's Days Inventory for the six months ended in Dec. 2024 was 83.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anton Oilfield Services Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.20.

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. Anton Oilfield Services Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.32.


Anton Oilfield Services Group Total Inventories Historical Data

The historical data trend for Anton Oilfield Services 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.

* Premium members only.

Anton Oilfield Services Group Total Inventories Chart

Anton Oilfield Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.31 148.36 133.95 127.45 105.95

Anton Oilfield Services Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 133.95 135.04 127.45 123.32 105.95

Anton Oilfield Services 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.


Anton Oilfield Services Group  (OTCPK:ATONY) 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.

Anton Oilfield Services 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)
=(300.9+0.75 * 315.257+0.5 * 105.951-907.831
-0-15.15)/14.013
=-23.74

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

Anton Oilfield Services 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
=114.636/251.788*365 / 2
=83.09

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

Anton Oilfield Services 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 )
=251.788 / 114.636
=2.20

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.

Anton Oilfield Services 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 )
=114.636 / 354.034
=0.32

* 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.


Anton Oilfield Services Group Total Inventories Related Terms

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Anton Oilfield Services Group Business Description

Traded in Other Exchanges
Address
No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102
Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through the following segments; Oilfield technical services, Oilfield management services, Drilling rig services, and Inspection services. The majority of the company's revenue is generated from the Oilfield technical services segment which covers the full life cycle of oil and gas development, including geological technology, drilling technology, well completion and stimulation technology as well as asset leasing services for the industry. Geographically, the firm derives its key revenue from the Republic of Iraq followed by the People's Republic of China, and other countries.

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