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AXIL (AXIL Brands) Total Inventories : $2.66 Mil (As of Nov. 2024)


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What is AXIL Brands Total Inventories?

AXIL Brands's total inventories for the quarter that ended in Nov. 2024 was $2.66 Mil. AXIL Brands's average total inventories from the quarter that ended in Aug. 2024 to the quarter that ended in Nov. 2024 was $2.97 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AXIL Brands's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was $0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AXIL Brands's Days Inventory for the three months ended in Nov. 2024 was 121.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. AXIL Brands's Inventory Turnover for the quarter that ended in Nov. 2024 was 0.75.

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. AXIL Brands's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.38.


AXIL Brands Total Inventories Historical Data

The historical data trend for AXIL Brands'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.

AXIL Brands Total Inventories Chart

AXIL Brands Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
Total Inventories
Get a 7-Day Free Trial 0.29 0.45 0.32 1.31 3.39

AXIL Brands Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 2.35 3.44 3.39 3.27 2.66

AXIL Brands 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.


AXIL Brands  (AMEX:AXIL) 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.

AXIL Brands's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 is

Net-Net Working Capital Per Share (Q: Nov. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.214+0.75 * 1.444+0.5 * 2.664-4.888
-0.003-0)/6.467
=0.42

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

AXIL Brands's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2024 )/Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=2.9685/2.235*365 / 4
=121.20

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

AXIL Brands's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2024 ) / Average Total Inventories (Q: Nov. 2024 )
=2.235 / 2.9685
=0.75

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.

AXIL Brands's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=2.9685 / 7.733
=0.38

* 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.


AXIL Brands Total Inventories Related Terms

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AXIL Brands Business Description

Traded in Other Exchanges
N/A
Address
120 E 13065, Suite 101, Draper, UT, USA, 84020
AXIL Brands Inc is a company which is is a manufacturer and marketer of premium hearing enhancement and protection products, including ear plugs, earmuffs, and ear buds, under the AXIL brand. AXIL delivers top hearing enhancement, protection, & audio devices. From ultra comfortable fitting processes, to stereo quality sound performance, to reliable & durable engineering.
Executives
Nancy Hundt director C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON STREET, CITY OF INDUSTRY CA 91748
Jeff Toghraie director, 10 percent owner, officer: Chairman, CEO C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON ST, INDUSTRY CA 91748
Monica Diaz Brickell officer: Chief Financial Officer 901 FREMONT AVE., UNIT 158 AND 168, ALHAMBRA CA 92024
Jeffrey B. Brown officer: Chief Operating Officer C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Meenu Jain officer: Chief Financial Officer C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Christopher Go officer: Chief Financial Officer C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Donald Starace officer: President C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Intrepid Global Advisors, Inc. 10 percent owner 325 N. MAPLE DRIVE, #5114, BEVERLY HILLS CA 90210
Shircoo, Inc. 10 percent owner 2350 ALLVIEW TERRACE EAST, LOS ANGELES CA 90068

AXIL Brands Headlines

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