Southern Alliance Mining (SGX:QNS) Days Inventory : 24.28 (As of Jan. 2024)

Southern Alliance Mining Days Inventory Chart

Southern Alliance Mining Semi-Annual Data
	Jul17	Jul18	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Inventory	Get a 7-Day Free Trial							14.17	11.48	22.05	27.86	24.28

Competitive Comparison of Southern Alliance Mining's Days Inventory

For the Steel subindustry, Southern Alliance Mining'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.

Southern Alliance Mining's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Southern Alliance Mining's Days Inventory distribution charts can be found below:

* The bar in red indicates where Southern Alliance Mining's Days Inventory falls into.

Southern Alliance Mining Days Inventory Calculation

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

Southern Alliance Mining's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Southern Alliance Mining's Days Inventory for the quarter that ended in Jan. 2024 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.

Southern Alliance Mining  (SGX:QNS) 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.

Southern Alliance Mining's Inventory Turnover for the six months ended in Jan. 2024 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.

Southern Alliance Mining's Inventory to Revenue for the six months ended in Jan. 2024 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.

Southern Alliance Mining Days Inventory Related Terms

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

Southern Alliance Mining (SGX:QNS) Business Description