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Days Inventory is also known as Days Sales of Inventory (DSI). Amcon Distributing Co's Average Total Inventories for the three months ended in Mar. 2024 was $140 Mil. Amcon Distributing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $560 Mil. Hence, Amcon Distributing Co's Days Inventory for the three months ended in Mar. 2024 was 22.79.
The historical rank and industry rank for Amcon Distributing Co's Days Inventory or its related term are showing as below:
During the past 13 years, Amcon Distributing Co's highest Days Inventory was 25.63. The lowest was 14.12. And the median was 22.26.
Amcon Distributing Co's Days Inventory declined from Mar. 2023 (26.52) to Mar. 2024 (22.79).
Inventory Turnover measures how fast the company turns over its inventory within a year. Amcon Distributing Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.00.
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. Amcon Distributing Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.
The historical data trend for Amcon Distributing Co's Days Inventory 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.
Amcon Distributing Co Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 25.28 | 25.63 | 22.55 | 22.28 | 22.59 |
Amcon Distributing Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Inventory | Get a 7-Day Free Trial | 26.52 | 20.61 | 22.73 | 24.02 | 22.79 |
For the Food Distribution subindustry, Amcon Distributing Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Retail - Defensive industry and Consumer Defensive sector, Amcon Distributing Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Amcon Distributing Co's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Amcon Distributing Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as
Days Inventory (A: Sep. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Sep. 2022 ) | + | Total Inventories (A: Sep. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Sep. 2023 ) | * | Days in Period |
= | ( (134.655 | + | 158.583) | / | 2 ) | / | 2369.15 | * | 365 |
= | 146.619 | / | 2369.15 | * | 365 | ||||
= | 22.59 |
Amcon Distributing Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:
Days Inventory (Q: Mar. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Mar. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | ( (158.167 | + | 121.324) | / | 2 ) | / | 559.566 | * | 365 / 4 |
= | 139.7455 | / | 559.566 | * | 365 / 4 | ||||
= | 22.79 |
* 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.
Amcon Distributing Co (AMEX:DIT) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Amcon Distributing Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 559.566 | / | 139.7455 | |
= | 4.00 |
2. 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.
Amcon Distributing Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 139.7455 | / | 601.877 | |
= | 0.23 |
* 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
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Thank you for viewing the detailed overview of Amcon Distributing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kathleen M Evans | director, officer: President | 15701 NORTH 47TH ST, OMAHA NE 68152 |
Charles J. Schmaderer | officer: VP,Controller,Secretary | 7405 IRVINGTON ROAD, OMAHA NE 68122 |
Jeremy W Hobbs | director | 444 NORTH MICHIGAN AVE, STE 2050, CHICAGO IL 60611 |
John R Loyack | director | ALVARADO SQUARE MS 2818, ALBUQUERQUE NM 87158 |
William F Wright | director, 10 percent owner, officer: Chairman | 1431 STRATFORD CT, DEL MAR CA 92014 |
Timothy R Pestotnik | director | 600 W BROADWAY, STE 2600, SAN DIEGO CA 92101 |
Stanley Mayer | director | |
Christopher H Atayan | director, officer: CEO and Vice Chairman | C/O SLUSSER ASSOCIATES, INC., 153 EAST 53RD STREET, NEW YORK NY 10022 |
Andrew Charles Plummer | officer: Chief Financial Officer | 18325 JEFFERSON ST, OMAHA NE 68135 |
Eric J Hinkefent | officer: President of CNF and HFA | ROUTE 5, BOX 445, COWETA OK 74429 |
Raymond F Bentele | director | C/O MALLINCKRODT GROUP INC, 7733 FORSYTH BLVD, ST LOUIS MO 63105 |
Philip E Campbell | officer: SVP - Planning and Compliance | 1302 ELMSHADE COVE, ROUND ROCK TX 78664 |
Draupnir Llc | 10 percent owner | 500 N DEARBORN, 2ND FL, CHICAGO IL 60610 |
Allen D Petersen | director, 10 percent owner | 122 WEST COUNTY LINE ROAD, BARRINGTON HILLS IL 60010 |
Dawson Foundation Alexander | 10 percent owner | 4045 SOUTH SPENCER STREEET, SUITE 312, LAS VEGAS NV 89119 |
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