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Alcomet AD (XBUL:ALCM) Days Inventory : 77.17 (As of Dec. 2022)


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What is Alcomet AD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alcomet AD's Average Total Inventories for the six months ended in Dec. 2022 was лв127.6 Mil. Alcomet AD's Cost of Goods Sold for the six months ended in Dec. 2022 was лв603.6 Mil. Hence, Alcomet AD's Days Inventory for the six months ended in Dec. 2022 was 38.58.

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

XBUL:ALCM' s Days Inventory Range Over the Past 10 Years
Min: 61.46   Med: 77.2   Max: 101.36
Current: 77.17

During the past 13 years, Alcomet AD's highest Days Inventory was 101.36. The lowest was 61.46. And the median was 77.20.

XBUL:ALCM's Days Inventory is ranked better than
56.58% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs XBUL:ALCM: 77.17

Alcomet AD's Days Inventory declined from Dec. 2020 (97.96) to Dec. 2022 (77.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alcomet AD's Inventory Turnover for the six months ended in Dec. 2022 was 4.73.

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. Alcomet AD's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.19.


Alcomet AD Days Inventory Historical Data

The historical data trend for Alcomet AD'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.

Alcomet AD Days Inventory Chart

Alcomet AD 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 81.21 101.36 97.96 77.27 77.17

Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 81.21 101.36 97.96 77.27 77.17

Competitive Comparison of Alcomet AD's Days Inventory

For the Aluminum subindustry, Alcomet AD'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.


Alcomet AD's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alcomet AD's Days Inventory falls into.



Alcomet AD Days Inventory Calculation

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

Alcomet AD'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
=( (119.727 + 135.48) / 2 ) / 603.562*365
=127.6035 / 603.562*365
=77.17

Alcomet AD's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (119.727 + 135.48) / 2 ) / 603.562*365 / 2
=127.6035 / 603.562*365 / 2
=38.58

* 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.


Alcomet AD  (XBUL:ALCM) 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.

Alcomet AD's Inventory Turnover for the six months ended in Dec. 2022 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.

Alcomet AD's Inventory to Revenue for the six months 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.


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.


Alcomet AD Days Inventory Related Terms

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


Alcomet AD (XBUL:ALCM) Business Description

Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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