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Alacer Gold (Alacer Gold) Days Inventory : 154.15 (As of Jun. 2020)


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What is Alacer Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alacer Gold's Average Total Inventories for the three months ended in Jun. 2020 was $119.9 Mil. Alacer Gold's Cost of Goods Sold for the three months ended in Jun. 2020 was $71.0 Mil. Hence, Alacer Gold's Days Inventory for the three months ended in Jun. 2020 was 154.15.

The historical rank and industry rank for Alacer Gold's Days Inventory or its related term are showing as below:

ALIAF' s Days Inventory Range Over the Past 10 Years
Min: 50.73   Med: 180.46   Max: 348.3
Current: 137.91

During the past 13 years, Alacer Gold's highest Days Inventory was 348.30. The lowest was 50.73. And the median was 180.46.

ALIAF's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.64 vs ALIAF: 137.91

Alacer Gold's Days Inventory declined from Jun. 2019 (176.21) to Jun. 2020 (154.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alacer Gold's Inventory Turnover for the three months ended in Jun. 2020 was 0.59.

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. Alacer Gold's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.91.


Alacer Gold Days Inventory Historical Data

The historical data trend for Alacer Gold's Days 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.

* Premium members only.

Alacer Gold Days Inventory Chart

Alacer Gold Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.29 183.15 172.05 267.19 150.85

Alacer Gold Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Inventory 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 176.21 135.28 131.68 140.49 154.15

Competitive Comparison of Alacer Gold's Days Inventory

For the Gold subindustry, Alacer Gold's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alacer Gold's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alacer Gold's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alacer Gold's Days Inventory falls into.



Alacer Gold Days Inventory Calculation

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

Alacer Gold's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (86.698 + 125.436) / 2 ) / 256.639*365
=106.067 / 256.639*365
=150.85

Alacer Gold's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (121.554 + 118.278) / 2 ) / 70.987*365 / 4
=119.916 / 70.987*365 / 4
=154.15

* 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.


Alacer Gold  (OTCPK:ALIAF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Alacer Gold's Inventory Turnover for the three months ended in Jun. 2020 is calculated as

2. 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.

Alacer Gold's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Alacer Gold Days Inventory Related Terms

Thank you for viewing the detailed overview of Alacer Gold's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Alacer Gold (Alacer Gold) Business Description

Traded in Other Exchanges
N/A
Address
7001 East Belleview Avenue, Suite 800, Denver, CO, USA, 80237
Alacer Gold Corp is a gold mining company. The group operates in one reportable operating segment consisting of mining, development, and exploration of mineral deposits in Turkey. It is focused on two parts of exploration: the Copler District and Turkey Regional. Geographically, it generates maximum revenue from the Turkey business unit.

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