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Anglogold Ashanti (Anglogold Ashanti) Days Inventory : 81.97 (As of Jun. 2023)


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What is Anglogold Ashanti Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anglogold Ashanti's Average Total Inventories for the six months ended in Jun. 2023 was $787 Mil. Anglogold Ashanti's Cost of Goods Sold for the six months ended in Jun. 2023 was $1,751 Mil. Hence, Anglogold Ashanti's Days Inventory for the six months ended in Jun. 2023 was 81.97.

The historical rank and industry rank for Anglogold Ashanti's Days Inventory or its related term are showing as below:

AULDF' s Days Inventory Range Over the Past 10 Years
Min: 71.12   Med: 89.44   Max: 107.33
Current: 79.1

During the past 13 years, Anglogold Ashanti's highest Days Inventory was 107.33. The lowest was 71.12. And the median was 89.44.

AULDF's Days Inventory is ranked better than
55.62% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs AULDF: 79.10

Anglogold Ashanti's Days Inventory increased from Jun. 2022 (81.56) to Jun. 2023 (81.97). It might indicate that Anglogold Ashanti's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anglogold Ashanti's Inventory Turnover for the six months ended in Jun. 2023 was 2.23.

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. Anglogold Ashanti's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.36.


Anglogold Ashanti Days Inventory Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Days Inventory Chart

Anglogold Ashanti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.21 89.40 87.47 91.73 79.98

Anglogold Ashanti Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 92.75 87.24 81.56 76.71 81.97

Competitive Comparison of Anglogold Ashanti's Days Inventory

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Anglogold Ashanti's Days Inventory falls into.



Anglogold Ashanti Days Inventory Calculation

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

Anglogold Ashanti's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (703 + 773) / 2 ) / 3368*365
=738 / 3368*365
=79.98

Anglogold Ashanti's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (773 + 800) / 2 ) / 1751*365 / 2
=786.5 / 1751*365 / 2
=81.97

* 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.


Anglogold Ashanti  (OTCPK:AULDF) 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.

Anglogold Ashanti'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.

Anglogold Ashanti'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.


Anglogold Ashanti Days Inventory Related Terms

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


Anglogold Ashanti (Anglogold Ashanti) Business Description

Traded in Other Exchanges
Address
112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.

Anglogold Ashanti (Anglogold Ashanti) Headlines