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Aluar Aluminio ArgentinoIC (BUE:ALUA) Days Inventory : 193.20 (As of Dec. 2023)


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What is Aluar Aluminio ArgentinoIC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aluar Aluminio ArgentinoIC's Average Total Inventories for the three months ended in Dec. 2023 was ARS326,017 Mil. Aluar Aluminio ArgentinoIC's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS153,977 Mil. Hence, Aluar Aluminio ArgentinoIC's Days Inventory for the three months ended in Dec. 2023 was 193.20.

The historical rank and industry rank for Aluar Aluminio ArgentinoIC's Days Inventory or its related term are showing as below:

BUE:ALUA' s Days Inventory Range Over the Past 10 Years
Min: 76.56   Med: 165.56   Max: 235.45
Current: 195.1

During the past 13 years, Aluar Aluminio ArgentinoIC's highest Days Inventory was 235.45. The lowest was 76.56. And the median was 165.56.

BUE:ALUA's Days Inventory is ranked worse than
84.95% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs BUE:ALUA: 195.10

Aluar Aluminio ArgentinoIC's Days Inventory increased from Dec. 2022 (92.98) to Dec. 2023 (193.20). It might indicate that Aluar Aluminio ArgentinoIC'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. Aluar Aluminio ArgentinoIC's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.

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. Aluar Aluminio ArgentinoIC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.85.


Aluar Aluminio ArgentinoIC Days Inventory Historical Data

The historical data trend for Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC Days Inventory Chart

Aluar Aluminio ArgentinoIC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.40 156.80 76.56 162.20 235.45

Aluar Aluminio ArgentinoIC 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 92.98 206.20 133.74 228.80 193.20

Competitive Comparison of Aluar Aluminio ArgentinoIC's Days Inventory

For the Aluminum subindustry, Aluar Aluminio ArgentinoIC'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.


Aluar Aluminio ArgentinoIC's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aluar Aluminio ArgentinoIC's Days Inventory falls into.



Aluar Aluminio ArgentinoIC Days Inventory Calculation

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

Aluar Aluminio ArgentinoIC's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (166065.789 + 181793.434) / 2 ) / 269627.443*365
=173929.6115 / 269627.443*365
=235.45

Aluar Aluminio ArgentinoIC'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
=( (254700.094 + 397333.905) / 2 ) / 153977.364*365 / 4
=326016.9995 / 153977.364*365 / 4
=193.20

* 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.


Aluar Aluminio ArgentinoIC  (BUE:ALUA) 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.

Aluar Aluminio ArgentinoIC'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.

Aluar Aluminio ArgentinoIC's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=326016.9995 / 176539.863
=1.85

* 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.


Aluar Aluminio ArgentinoIC Days Inventory Related Terms

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


Aluar Aluminio ArgentinoIC (BUE:ALUA) Business Description

Traded in Other Exchanges
N/A
Address
Marcelo Torcuato de Alvear 590, 3rd Floor, Buenos Aires, ARG, 1058
Aluar Aluminio Argentino SAIC is an Argentina based company engaged in manufacturing aluminum and aluminum products. It is used for aerospace, electrical component, construction, and transportation industries. The company offers rolling and alloy ingots, extrusion billets, rods, beams and zinc sows, among others. It also offers integrated solutions for engineering, manufacturing, construction, assembly and industrial services projects.

Aluar Aluminio ArgentinoIC (BUE:ALUA) Headlines

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