ABSSF (AirBoss of America) Change In Inventory : $5.3 Mil (TTM As of Jun. 2024)

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What is AirBoss of America Change In Inventory?

AirBoss of America's change in inventory for the quarter that ended in Jun. 2024 was $-4.3 Mil. It means AirBoss of America's inventory increased by $4.3 Mil from Mar. 2024 to Jun. 2024 .

AirBoss of America's change in inventory for the fiscal year that ended in Dec. 2023 was $20.6 Mil. It means AirBoss of America's inventory declined by $20.6 Mil from Dec. 2022 to Dec. 2023 .

AirBoss of America's Total Inventories for the quarter that ended in Jun. 2024 was $61.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AirBoss of America's Days Inventory for the quarter that ended in Jun. 2024 was 65.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. AirBoss of America's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.39.

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. AirBoss of America's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.65.

AirBoss of America Change In Inventory Historical Data

The historical data trend for AirBoss of America's Change In 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.

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AirBoss of America Change In Inventory Chart

AirBoss of America Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.89

-0.17

-74.38

-25.14

20.64

AirBoss of America Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															7.40	1.43	7.35	0.82	-4.30

AirBoss of America Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.3 Mil.

AirBoss of America (OTCPK:ABSSF) Change In Inventory Explanation

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

AirBoss of America's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	62.461	/	86.904	*	365 / 4
	=	65.58

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

AirBoss of America's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	86.904	/	62.461
	=	1.39

3. 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.

AirBoss of America's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	62.461	/	95.367
	=	0.65

AirBoss of America Change In Inventory Related Terms

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AirBoss of America Business Description

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BOS:Canada

Address

16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8

Website

https://www.airboss.com

AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive, and industrial markets. It operates in three segments, 1) The AirBoss Rubber Solutions includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The AirBoss Manufactured Products include the manufacture and distribution of anti-noise, vibration, and harshness dampening parts and personal protection and safety products, primarily for CBRN-E threats. 3) The Unallocated Corporate Costs Include corporate activities and certain unallocated costs. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.