Alliance Holdings GP LP (Alliance Holdings GP LP) Days Inventory

: 22.05 (As of Mar. 2018)

View and export this data going back to 2006. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Alliance Holdings GP LP's Average Total Inventories for the three months ended in Mar. 2018 was $72 Mil. Alliance Holdings GP LP's Cost of Goods Sold for the three months ended in Mar. 2018 was $298 Mil. Hence, Alliance Holdings GP LP's Days Inventory for the three months ended in Mar. 2018 was 22.05.

The historical rank and industry rank for Alliance Holdings GP LP's Days Inventory or its related term are showing as below:

AHGP's Days Inventory is not ranked ^*
in the Steel industry.
Industry Median: 85.7
* Ranked among companies with meaningful Days Inventory only.

Alliance Holdings GP LP's Days Inventory declined from Mar. 2017 (23.33) to Mar. 2018 (22.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alliance Holdings GP LP's Inventory Turnover for the three months ended in Mar. 2018 was 4.14.

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. Alliance Holdings GP LP's Inventory-to-Revenue for the three months ended in Mar. 2018 was 0.16.

Alliance Holdings GP LP Days Inventory Historical Data

The historical data trend for Alliance Holdings GP LP'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.

Alliance Holdings GP LP Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

Get a 7-Day Free Trial

11.57

16.49

26.24

28.74

19.48

Alliance Holdings GP LP Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Days Inventory	Get a 7-Day Free Trial															23.33	35.78	30.48	21.42	22.05

Competitive Comparison

For the Coking Coal subindustry, Alliance Holdings GP LP'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.

Alliance Holdings GP LP Days Inventory Distribution

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

* The bar in red indicates where Alliance Holdings GP LP's Days Inventory falls into.

Alliance Holdings GP LP Days Inventory Calculation

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

Alliance Holdings GP LP's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (61.051	+	60.275)	/	2 )	/	1136.867	*	365
=	60.663					/	1136.867	*	365
=	19.48

Alliance Holdings GP LP's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

	Days Inventory (Q: Mar. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
=	( (60.275	+	83.944)	/	2 )	/	298.397	*	365 / 4
=	72.1095					/	298.397	*	365 / 4
=	22.05

Alliance Holdings GP LP (NAS:AHGP) 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.

Alliance Holdings GP LP's Inventory Turnover for the three months ended in Mar. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	298.397	/	72.1095
	=	4.14

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.

Alliance Holdings GP LP's Inventory to Revenue for the three months ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	72.1095	/	457.036
	=	0.16

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.

Alliance Holdings GP LP Days Inventory Related Terms

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

Alliance Holdings GP LP (Alliance Holdings GP LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alliance Holdings GP LP (NAS:AHGP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ahgp.com

Alliance Holdings GP LP is a diversified producer and marketer of coal to U.S. utilities and industrial users that operate approximately ten underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. The company operates in five reportable segments which are the Illinois Basin, Central Appalachia, Northern Appalachia, White Oak and Other and Corporate.

Executives

Robert J Druten	director	6503 SENECA ROAD, MISSION HILLS KS 66208
Craft Joseph W Iii	director, 10 percent owner, officer: President and Chief Executive	PO BOX 22027, TULSA OK 74121-2027
Cary P Marshall	officer: Vice President and Treasurer	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Wilson M Torrence	director	1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Michael J Hall	director	7438 EAST 68TH PLACE, TULSA OK 74133
Kathleen S. Craft	10 percent owner	2502 E. 45TH ST., TULSA OK 74105
Charles R Wesley	other: Member of 13d group (over 10%)	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Thomas M Wynne	other: Member of 13d group (over 10%)	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
R Eberley Davis	officer: SVP-Law&Admin,General Counsel	1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Brian L Cantrell	officer: Senior VP and CFO	P O BOX 22027, TULSA OK 74121
Dave A Gilbert	other: Member of 13d group (over 10%)	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Dale G Wilkerson	other: Member of 13d group (over 10%)	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
A Wellford Tabor	other: Member of 13d group (over 10%)	2820 SELWYN AVE. SUITE 550 CHARLOTTE NC 28209
Thomas L Pearson	officer: Senior VP-Law & Adminstration	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Gary J Rathburn	other: Member of 13d group (over 10%)	PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121