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American Outdoor Brands (American Outdoor Brands) Inventory Turnover : 0.29 (As of Jan. 2024)


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What is American Outdoor Brands Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. American Outdoor Brands's Cost of Goods Sold for the three months ended in Jan. 2024 was $30.6 Mil. American Outdoor Brands's Average Total Inventories for the quarter that ended in Jan. 2024 was $104.6 Mil. American Outdoor Brands's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Outdoor Brands's Days Inventory for the three months ended in Jan. 2024 was 311.92.

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. American Outdoor Brands's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.96.


American Outdoor Brands Inventory Turnover Historical Data

The historical data trend for American Outdoor Brands's Inventory Turnover 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.

American Outdoor Brands Inventory Turnover Chart

American Outdoor Brands Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Inventory Turnover
Get a 7-Day Free Trial 1.54 1.59 2.23 1.36 0.93

American Outdoor Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Inventory Turnover 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 0.25 0.23 0.23 0.29 0.29

American Outdoor Brands Inventory Turnover Calculation

American Outdoor Brands's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

Inventory Turnover (A: Apr. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2023 ) / ((Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count )
=103.145 / ((121.683 + 99.734) / 2 )
=103.145 / 110.7085
=0.93

American Outdoor Brands's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover (Q: Jan. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2024 ) / ((Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count )
=30.591 / ((109.123 + 100.016) / 2 )
=30.591 / 104.5695
=0.29

* 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.


American Outdoor Brands  (NAS:AOUT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

American Outdoor Brands's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=104.5695/30.591*365 / 4
=311.92

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.

American Outdoor Brands's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=104.5695 / 53.425
=1.96

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


American Outdoor Brands Inventory Turnover Related Terms

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American Outdoor Brands (American Outdoor Brands) Business Description

Traded in Other Exchanges
N/A
Address
1800 North Route Z, Suite A, Columbia, MO, USA, 65202
American Outdoor Brands Inc is engaged in the business of providing outdoor products and accessories for hunting, fishing, camping, shooting, and personal security and defense products. The company designs and produces products and accessories, including shooting supplies, rest, vaults, and other related accessories; premium sportsman knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; electro-optical devices, including hunting optics, firearm aiming devices, flashlights, and laser grips; reloading, gunsmithing, and firearm cleaning supplies; and survival, camping, and emergency preparedness products.
Executives
Brian Daniel Murphy director, officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Hugh Andrew Fulmer officer: See Remarks AMERICAN OUTDOOR BRANDS, INC., 1800 NORTH ROUTE Z, COLUMBIA MO 65202
Brent Alan Vulgamott officer: Chief Operating Officer 1800 NORTH ROUTE Z, SUITE A, COLUMBIA MO 65202
Bradley Thede Favreau director 438 CLEARMONT AVE, APT C, BROOKLYN NY 11238
Isabell Marie Wadecki director
Barry M Monheit director
Luis G Marconi director 1 HORMEL PLACE, AUSTIN MN 55912
Mary E Gallagher director
Gluchowski Gregory J. Jr. director 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Curtis Robert Smith officer: Chief Marketing Officer 1800 NORTH ROUTE Z, SUITE A, COLUMBIA MO 65202
Smith & Wesson Brands, Inc. 10 percent owner 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104