Days Inventory is also known as Days Sales of Inventory (DSI). AltynGold's Average Total Inventories for the
six
months ended in Jun. 2023 was £10.13 Mil. AltynGold's Cost of Goods Sold for the
six
months ended in Jun. 2023 was £14.40 Mil.
Hence, AltynGold's Days Inventory for the
six
months ended in Jun. 2023 was 128.42.
The historical rank and industry rank for AltynGold's Days Inventory or its related term are showing as below:
LSE:ALTN'
s Days Inventory Range Over the Past 10 Years
Min: 31.53 Med: 102.37 Max: 130.47
Current: 122.51
During the past 13 years, AltynGold's highest Days Inventory was 130.47. The lowest was 31.53. And the median was 102.37.
LSE:ALTN's Days Inventory is ranked worse than 69.6% of 658
companies
in the Metals & Mining industry
Industry Median: 87.34
vs LSE:ALTN: 122.51
AltynGold's Days Inventory
increased
from Jun. 2022 (115.88) to Jun. 2023 (128.42).
It might indicate that AltynGold's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AltynGold's Inventory Turnover for the
six
months ended in Jun. 2023 was 1.42.
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.
AltynGold's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.46.
AltynGold Days Inventory Historical Data
The historical data trend for AltynGold'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.
Competitive Comparison of AltynGold's Days Inventory
For the Gold subindustry, AltynGold'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.
AltynGold's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, AltynGold's Days Inventory distribution charts can be found below:
* The bar in red indicates where AltynGold's Days Inventory falls into.
AltynGold Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AltynGold's Days Inventory for the fiscal year that ended in Dec. 2022 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.
AltynGold (LSE:ALTN) 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.
AltynGold's Inventory Turnover for the
six
months ended in Jun. 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.
AltynGold's Inventory to Revenue for the
six
months ended in Jun. 2023 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.
AltynGold Days Inventory Related Terms
Thank you for viewing the detailed overview of AltynGold's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AltynGold PLC is engaged in the exploration and development of mineral resources. It focuses on the development of the underground mine and the processing of high-grade ore. The production of gold ore is carried out from the Sekisovskoye gold and silver deposits, and the mining activities and mining assets are in Kazakhstan. The Teren-Sai Project is an exploration and development project of AltynGold Plc. It is located in the East of Kazakhstan and is adjacent to Altyn's operating Sekisovskoye Mine. majority of revenue is generated from the sale of gold and silver.
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