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AmpliTech Group (AmpliTech Group) Total Inventories : $7.25 Mil (As of Mar. 2024)


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What is AmpliTech Group Total Inventories?

AmpliTech Group's total inventories for the quarter that ended in Mar. 2024 was $7.25 Mil. AmpliTech Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $6.89 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AmpliTech Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AmpliTech Group's Days Inventory for the three months ended in Mar. 2024 was 446.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. AmpliTech Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.20.

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. AmpliTech Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.01.


AmpliTech Group Total Inventories Historical Data

The historical data trend for AmpliTech 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.

* Premium members only.

AmpliTech Group Total Inventories Chart

AmpliTech Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.52 4.19 6.63 6.54

AmpliTech Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.57 6.90 6.61 6.54 7.25

AmpliTech 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.


AmpliTech Group  (NAS:AMPG) 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.

AmpliTech Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.377+0.75 * 1.309+0.5 * 7.246-4.706
-0-0)/9.71711
=0.23

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

AmpliTech Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=6.892/1.41*365 / 4
=446.02

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

AmpliTech Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1.41 / 6.892
=0.20

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.

AmpliTech Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=6.892 / 2.293
=3.01

* 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.


AmpliTech Group Total Inventories Related Terms

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AmpliTech Group (AmpliTech Group) Business Description

Traded in Other Exchanges
N/A
Address
155 Plant Avenue, Hauppauge, NY, USA, 11788
AmpliTech Group Inc designs, develop, engineers, & assembles micro-wave component-based amplifiers that meet individual customer specifications. Its products consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters, & custom assemblies such as MMIC (Monolithic Microwave Integrated Circuit) and MIC (Microwave Integrated Circuit) designs. It also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.
Executives
Daniel Richard Mazziota director C/O AMPLITECH, INC., 155 PLANT AVENUE, HAUPPAUGE NY 11788
Jorge Luis Flores officer: Chief Operating Officer 155 PLANT AVENUE, HAUPPAUGE NY 11788
Fawad Maqbool director, 10 percent owner, officer: President, CEO and Secretary C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Joseph Kappers director C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Louisa Sanfratello officer: Chief Financial Officer 155 PLANT AVENUE, HAUPPAUGE NY 11788
Wayne Stephen Homschek director 535 FIFTH ST., 22ND FLOOR, NEW YORK NY 10017
Andrew Dylan Lee director C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Microphase Corp 10 percent owner 100 TRAP FALLS ROAD EXTENSION,, SUITE 400, SHELTON CT 06484

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