GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminum Corp of China Ltd (BUE:AOCA) » Definitions » Days Inventory

Aluminum of China (BUE:AOCA) Days Inventory : 71.95 (As of Dec. 2023)


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

What is Aluminum of China Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aluminum of China's Average Total Inventories for the three months ended in Dec. 2023 was ARS1,155,235 Mil. Aluminum of China's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS1,465,178 Mil. Hence, Aluminum of China's Days Inventory for the three months ended in Dec. 2023 was 71.95.

The historical rank and industry rank for Aluminum of China's Days Inventory or its related term are showing as below:

BUE:AOCA' s Days Inventory Range Over the Past 10 Years
Min: 28.89   Med: 43.32   Max: 65.65
Current: 46.12

During the past 13 years, Aluminum of China's highest Days Inventory was 65.65. The lowest was 28.89. And the median was 43.32.

BUE:AOCA's Days Inventory is ranked better than
76.14% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs BUE:AOCA: 46.12

Aluminum of China's Days Inventory increased from Dec. 2022 (33.25) to Dec. 2023 (71.95). It might indicate that Aluminum of China's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluminum of China's Inventory Turnover for the three months ended in Dec. 2023 was 1.27.

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. Aluminum of China's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.62.


Aluminum of China Days Inventory Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Days Inventory Chart

Aluminum of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.80 35.30 25.91 27.62 32.21

Aluminum of China Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.25 36.81 36.00 40.97 71.95

Competitive Comparison of Aluminum of China's Days Inventory

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aluminum of China's Days Inventory falls into.



Aluminum of China Days Inventory Calculation

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

Aluminum of China'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
=( (594262.61 + 1155123.909) / 2 ) / 9911536.36*365
=874693.2595 / 9911536.36*365
=32.21

Aluminum of China'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1155346.977 + 1155123.909) / 2 ) / 1465178.226*365 / 4
=1155235.443 / 1465178.226*365 / 4
=71.95

* 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.


Aluminum of China  (BUE:AOCA) 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.

Aluminum of China's Inventory Turnover for the three months ended in Dec. 2023 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.

Aluminum of China's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1155235.443 / 1853809.878
=0.62

* 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.


Aluminum of China Days Inventory Related Terms

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


Aluminum of China (BUE:AOCA) Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

Aluminum of China (BUE:AOCA) Headlines

No Headlines