ADVANTAGE COMPANIES INC /DE/
10-Q/A, 1995-07-07
EQUIPMENT RENTAL & LEASING, NEC
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                          UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                      Washington, D. C. 20549

                     FORM 10-Q AMENDMENT #1
           

[X]    Quarterly Report Pursuant to Section 13 or 15(d) of the
       Securities Exchange Act of 1934.

       For the quarterly period ended April 16, 1995

The purpose of this Amendment #1 is to attach a Financial Data Schedule 
to Form 10-Q for period ended 4-16-95.

Commission File Number:  0-1234-8

            ADVANTAGE COMPANIES, INC.
(Exact name of registrant as specified in its charter)

    Delaware                                 48-1156618
(State or incorporation)                  (I.R.S. Employer
                                           Identification No.)

9323 E. 37th Street North, Wichita, Kansas 67226-2000
(Address of principal executive office)     (Zip-code)

Registrants telephone number, including area code:  (316) 634-0333

Indicate by check mark whether the registrant (1) has filed all
reports to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months, (or for such
shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements
for the past 90 days.

            YES   [X]             NO [  ]

4,236,438 common shares were outstanding as of April 16, 1995.







                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.

                                 ADVANTAGE COMPANIES, INC.
                                         (Registrant)

Date:  July 6, 1995          BY:  /s/  Daniel J. Taylor
                                 Daniel J. Taylor, Chief Executive
                                 Officer and Chairman of the Board


Date:  July 6, 1995          BY:  /s/  William A. Simon
                                 William A. Simon, Senior Vice President -
                                 Administration and Chief Financial Officer

<TABLE> <S> <C>

<ARTICLE>        5
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JAN-28-1996
<PERIOD-END>                               APR-16-1995
<CASH>                                       2,400,373
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                 19,278,565<F1>
<CURRENT-ASSETS>                                     0<F2>
<PP&E>                                      15,862,999
<DEPRECIATION>                               7,381,908
<TOTAL-ASSETS>                              34,381,034
<CURRENT-LIABILITIES>                                0<F2>
<BONDS>                                              0
<COMMON>                                        43,740
                                0
                                  1,400,000
<OTHER-SE>                                  26,478,781
<TOTAL-LIABILITY-AND-EQUITY>                34,381,034
<SALES>                                      1,205,984
<TOTAL-REVENUES>                            17,516,525
<CGS>                                          906,444
<TOTAL-COSTS>                               15,092,843
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              2,458,848
<INCOME-TAX>                                   931,603
<INCOME-CONTINUING>                          1,527,245
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,527,245
<EPS-PRIMARY>                                      .30
<EPS-DILUTED>                                      .30
<FN>

<F1>Inventory consists of merchandise rented or available to be rented to
customers.  Inventory is carried at actual cost of 36,718,957 less
accumulated depreciation of 17,440,392.

<F2>The Company does not use a classified balance sheet.

</FN>
        

</TABLE>


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