MAMO (Massimo Group) Total Inventories : $27.3 Mil (As of Dec. 2024)

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What is Massimo Group Total Inventories?

Massimo Group's total inventories for the quarter that ended in Dec. 2024 was $27.3 Mil. Massimo Group's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $29.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Massimo Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Massimo Group's Days Inventory for the three months ended in Dec. 2024 was 181.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Massimo Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.50.

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. Massimo Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.45.

Massimo Group Total Inventories Historical Data

The historical data trend for Massimo 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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Massimo Group Total Inventories Chart

Massimo Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Total Inventories

22.32

23.76

25.80

27.26

Massimo Group Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial						25.80	27.18	30.83	30.91	27.26

Massimo 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.

Massimo Group (NAS:MAMO) 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.

Massimo 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)
=	(10.21	+	0.75 * 6.589	+	0.5 * 27.259	-	33.595
-	0	-	0)	/	41.540
=	-0.12

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

Massimo Group'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
	=	29.0865	/	14.613	*	365 / 4
	=	181.63

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

Massimo 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 )
	=	14.613	/	29.0865
	=	0.50

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.

Massimo 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 )
	=	29.0865	/	20.053
	=	1.45

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.

Massimo Group Total Inventories Related Terms

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Massimo Group Business Description

Industry

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Traded in Other Exchanges

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Address

3101 W Miller Road, Garland, TX, USA, 75041

Website

https://www.massimomotor.com

Massimo Group is engaged in the mid-tier band the (Mid-Tier Band) of the Powersports Vehicles and Boats Industry. It manufacture, import and distribute a diversified portfolio of products divided into two main lines: a motor sports brand consisting of utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), motorcycles, scooters, golf carts and a juvenile line from go karts to balance bikes; and a motor boat line consisting of pontoon and tritoon boats (Pontoon Boats).