AMAG Austria Metall AG (LTS:0Q7L) Days Inventory : 142.26 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is AMAG Austria Metall AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AMAG Austria Metall AG's Average Total Inventories for the six months ended in Dec. 2023 was €443 Mil. AMAG Austria Metall AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €568 Mil. Hence, AMAG Austria Metall AG's Days Inventory for the six months ended in Dec. 2023 was 142.26.

The historical rank and industry rank for AMAG Austria Metall AG's Days Inventory or its related term are showing as below:

LTS:0Q7L' s Days Inventory Range Over the Past 10 Years
Min: 86.06 Med: 102.53 Max: 137.89
Current: 137.09

During the past 13 years, AMAG Austria Metall AG's highest Days Inventory was 137.89. The lowest was 86.06. And the median was 102.53.

LTS:0Q7L's Days Inventory is ranked worse than
73.91% of 663 companies
in the Metals & Mining industry
Industry Median: 88.19 vs LTS:0Q7L: 137.09

AMAG Austria Metall AG's Days Inventory increased from Dec. 2022 (128.36) to Dec. 2023 (142.26). It might indicate that AMAG Austria Metall AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AMAG Austria Metall AG's Inventory Turnover for the six months ended in Dec. 2023 was 1.28.

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. AMAG Austria Metall AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.67.

AMAG Austria Metall AG Days Inventory Historical Data

The historical data trend for AMAG Austria Metall AG'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.

AMAG Austria Metall AG Days Inventory Chart

AMAG Austria Metall AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

103.74

121.33

116.81

112.99

137.89

AMAG Austria Metall AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															119.97	114.87	128.36	131.84	142.26

Competitive Comparison of AMAG Austria Metall AG's Days Inventory

For the Aluminum subindustry, AMAG Austria Metall AG'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.

AMAG Austria Metall AG's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AMAG Austria Metall AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where AMAG Austria Metall AG's Days Inventory falls into.

AMAG Austria Metall AG Days Inventory Calculation

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

AMAG Austria Metall AG's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (486.882	+	433.103)	/	2 )	/	1217.605	*	365
=	459.9925					/	1217.605	*	365
=	137.89

AMAG Austria Metall AG's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (452.016	+	433.103)	/	2 )	/	567.75	*	365 / 2
=	442.5595					/	567.75	*	365 / 2
=	142.26

AMAG Austria Metall AG (LTS:0Q7L) 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.

AMAG Austria Metall AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	567.75	/	442.5595
	=	1.28

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.

AMAG Austria Metall AG's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	442.5595	/	662.797
	=	0.67

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.

AMAG Austria Metall AG Days Inventory Related Terms

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

AMAG Austria Metall AG (LTS:0Q7L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AMAG Austria Metall AG (LTS:0Q7L) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AM8:Germany AMAG:Austria

Address

Lamprechtshausener Strasse 61, P.O. Box 3, Braunau-Ranshofen, Ranshofen, AUT, A-5282

Website

https://www.amag-al4u.com

AMAG Austria Metall AG produces and sells high-quality cast and rolled aluminum products. The firm organizes its segments based on function. The metal segment purchases aluminum scrap and produces aluminum. The casting segment produces high-quality cast aluminum alloys for use by the automotive and electrical engineering industries. The rolling segment, which generates the majority of revenue, manufactures high-quality rolled aluminum products such as sheets, strips, and plates for use in the automotive, sports, engineering, and transportation markets. The segment also produces foil for packaging industries. The majority of revenue is generated in Western Europe and Austria.

AMAG Austria Metall AG (LTS:0Q7L) Headlines

No Headlines