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AMMO (POWW) Total Inventories : $49.5 Mil (As of Dec. 2023)


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What is AMMO Total Inventories?

AMMO's total inventories for the quarter that ended in Dec. 2023 was $49.5 Mil. AMMO's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $51.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AMMO's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AMMO's Days Inventory for the three months ended in Dec. 2023 was 186.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. AMMO's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.49.

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. AMMO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.42.


AMMO Total Inventories Historical Data

The historical data trend for AMMO'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.

AMMO Total Inventories Chart

AMMO Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 4.41 15.87 59.02 54.35

AMMO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 67.15 54.35 55.93 53.01 49.50

AMMO 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.


AMMO  (NAS:POWW) 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.

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

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(54.68+0.75 * 21.121+0.5 * 49.503-39.234
-0.001-0)/118.644
=0.47

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

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

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=51.2585/25.096*365 / 4
=186.38

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

AMMO's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=25.096 / 51.2585
=0.49

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=51.2585 / 36.006
=1.42

* 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.


AMMO Total Inventories Related Terms

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AMMO (POWW) Business Description

Traded in Other Exchanges
Address
7681 E. Gray Road, Scottsdale, AZ, USA, 85260
AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.
Executives
Jared Rowe Smith officer: President & COO 7681 E GRAY ROAD, SCOTTSDALE AZ 85260
Harry S Markley director 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Robert Goodmanson director 708 SOUTH 3RD STREET, SUITE 400E, MINNEAPOLIS MN 55415
Christos George Tsentas director 2600 TOWER OAKS BOULEVARD, SUITE 280, ROCKVILLE MD 20852
Wayne Remell Walker director 1515 MARKET STREET, SUITE 1720, PHILADELPHIA PA 19103
Susan T Lokey other: See Explanation of Responses P.O. BOX 386, KENNESAW GA 30156
Steven F. Urvan director, 10 percent owner 7999 N. FEDERAL HWY, #421, BOCA RATON FL 33487
Jessica M Lockett director 14 ORCHARD, SUITE 200, LAKE FOREST CA 92630
Richard Reed Childress director PO BOX 1189, WELCOME NC 27374
Jagemann Stamping Co 10 percent owner 5757 W. CUSTER STREET, MANITOWOC WI 54220
Robert D Wiley officer: CFO 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Christopher S Besing director 4707 EAST BASELINE ROAD, PHOENIX AZ 85040
Randy E. Luth director 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85021
Wallace Russell William Jr director 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Steve Edward Hilko officer: Chief Operating Officer 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260