Days Inventory is also known as Days Sales of Inventory (DSI). Antofagasta's Average Total Inventories for the
six
months ended in Dec. 2023 was £585 Mil. Antofagasta's Cost of Goods Sold for the
six
months ended in Dec. 2023 was £1,571 Mil.
Hence, Antofagasta's Days Inventory for the
six
months ended in Dec. 2023 was 67.98.
The historical rank and industry rank for Antofagasta's Days Inventory or its related term are showing as below:
LSE:ANTO'
s Days Inventory Range Over the Past 10 Years
Min: 48.74 Med: 66.3 Max: 76.28
Current: 73.51
During the past 13 years, Antofagasta's highest Days Inventory was 76.28. The lowest was 48.74. And the median was 66.30.
LSE:ANTO's Days Inventory is ranked better than 59.57% of 658
companies
in the Metals & Mining industry
Industry Median: 87.34
vs LSE:ANTO: 73.51
Antofagasta's Days Inventory
increased
from Dec. 2022 (65.78) to Dec. 2023 (67.98).
It might indicate that Antofagasta's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Antofagasta's Inventory Turnover for the
six
months ended in Dec. 2023 was 2.68.
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.
Antofagasta's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.22.
Antofagasta Days Inventory Historical Data
The historical data trend for Antofagasta'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 Antofagasta's Days Inventory
For the Copper subindustry, Antofagasta'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.
Antofagasta's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Antofagasta's Days Inventory distribution charts can be found below:
* The bar in red indicates where Antofagasta's Days Inventory falls into.
Antofagasta Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Antofagasta's Days Inventory for the fiscal year that ended in Dec. 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.
Antofagasta (LSE:ANTO) 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.
Antofagasta's Inventory Turnover for the
six
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.
Antofagasta's Inventory to Revenue for the
six
months ended in Dec. 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.
Antofagasta Days Inventory Related Terms
Thank you for viewing the detailed overview of Antofagasta's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Antofagasta PLC is a Chilean copper mining company. The company operates four copper mines in Chile, two of which produce significant volumes of by-products. The company also has a portfolio of growth opportunities located mainly in Chile. In addition to mining, the company has a transport division providing rail and road cargo services in northern Chile to mining customers. All of the company's operations are located in the Antofagasta Region of northern Chile except for its flagship operation, Los Pelambres, which is in the Coquimbo Region of central Chile. The operating business segments are Los Pelambres, Centinela, Antucoya, Zaldivar, Exploration and evaluation, Corporate and other items, and Transport division. The Los Pelambres segment drives maximum revenue.
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