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CalAmp (STU:CF30) Total Inventories : €31.5 Mil (As of Nov. 2023)


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What is CalAmp Total Inventories?

CalAmp's total inventories for the quarter that ended in Nov. 2023 was €31.5 Mil. CalAmp's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Nov. 2023 was €29.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CalAmp's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was €-138.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CalAmp's Days Inventory for the three months ended in Nov. 2023 was 80.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. CalAmp's Inventory Turnover for the quarter that ended in Nov. 2023 was 1.13.

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. CalAmp's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.59.


CalAmp Total Inventories Historical Data

The historical data trend for CalAmp'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.

CalAmp Total Inventories Chart

CalAmp Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.22 29.78 19.57 16.10 22.32

CalAmp Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 22.17 22.32 22.39 27.35 31.47

CalAmp 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.


CalAmp  (STU:CF30) 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.

CalAmp's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is

Net-Net Working Capital Per Share (Q: Nov. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(35.268+0.75 * 65.52+0.5 * 31.471-328.371
-0-0)/1.64722
=-138.55

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

CalAmp's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=29.409/33.311*365 / 4
=80.56

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

CalAmp's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=33.311 / 29.409
=1.13

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.

CalAmp's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=29.409 / 49.549
=0.59

* 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.


CalAmp Total Inventories Related Terms

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CalAmp (STU:CF30) Business Description

Traded in Other Exchanges
Address
15635 Alton Parkway, Suite 250, Irvine, CA, USA, 92618
CalAmp Corp provides wireless communications solutions applications to customers. The company's products, software, and application services are sold into a broad array of market verticals, including transportation, government, construction, and automotive to customers in the United States; Latin America; Europe the Middle East, and Africa; Asia-Pacific; and others. Its business activities are organized into its Telematics Systems and Software & Subscription Services. The Telematics Systems segment offers a series of Mobile Resource Management ('MRM') telematics products and applications. The software & Subscription Services segment offers cloud-based application enablement and telematics service platforms.

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