AMCON Inventory Turnover from 2010 to 2024

DIT Stock  USD 124.83  7.17  5.43%   
AMCON Distributing Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
17.18
Current Value
23.19
Quarterly Volatility
5.10444747
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AMCON Distributing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMCON Distributing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 M, Interest Expense of 10.3 M or Selling General Administrative of 165.8 M, as well as many indicators such as Price To Sales Ratio of 0.0269, Ptb Ratio of 1.02 or Days Sales Outstanding of 13.44. AMCON financial statements analysis is a perfect complement when working with AMCON Distributing Valuation or Volatility modules.
  
Check out the analysis of AMCON Distributing Correlation against competitors.
For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

Latest AMCON Distributing's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of AMCON Distributing over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. AMCON Distributing's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AMCON Distributing's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

AMCON Inventory Turnover Regression Statistics

Arithmetic Mean19.41
Geometric Mean18.80
Coefficient Of Variation26.30
Mean Deviation4.41
Median17.18
Standard Deviation5.10
Sample Variance26.06
Range15.7606
R-Value(0.58)
Mean Square Error18.51
R-Squared0.34
Significance0.02
Slope(0.67)
Total Sum of Squares364.78

AMCON Inventory Turnover History

2024 23.19
2023 17.18
2022 14.94
2021 13.98
2020 16.51
2019 14.48
2018 12.78

About AMCON Distributing Financial Statements

AMCON Distributing shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although AMCON Distributing investors may analyze each financial statement separately, they are all interrelated. The changes in AMCON Distributing's assets and liabilities, for example, are also reflected in the revenues and expenses on on AMCON Distributing's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 17.18  23.19 

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Additional Tools for AMCON Stock Analysis

When running AMCON Distributing's price analysis, check to measure AMCON Distributing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.