African Copper (LSE:ACU) Change In Inventory: £-0.17 Mil (TTM As of Sep. 2014)

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What is African Copper Change In Inventory?

African Copper LSE:ACU +10.00% Change In Inventory is £-0.17 Mil as of Sep. 2014. The stock has 4 warning signs investors should review.

African Copper's change in inventory for the quarter that ended in Sep. 2014 was £-0.16 Mil. It means African Copper's inventory increased by £0.16 Mil from Mar. 2014 to Sep. 2014 .

African Copper's change in inventory for the fiscal year that ended in Mar. 2014 was £0.76 Mil. It means African Copper's inventory declined by £0.76 Mil from Mar. 2013 to Mar. 2014 .

African Copper's Total Inventories for the quarter that ended in Sep. 2014 was £4.60 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. African Copper's Days Inventory for the quarter that ended in Sep. 2014 was 64.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. African Copper's Inventory Turnover for the quarter that ended in Sep. 2014 was 2.85.

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. African Copper's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.24.


African Copper  (LSE:ACU) Change In Inventory Explanation

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

African Copper's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4.593/13.085*365 / 2
=64.06

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

African Copper's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

3. 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.

African Copper's Inventory to Revenue for the quarter that ended in Sep. 2014 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.


African Copper Change In Inventory Related Terms


African Copper Change In Inventory Historical Data

* Premium members only.

The historical data trend for African Copper's Change In 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.

African Copper Change In Inventory Chart

African Copper Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Mar11 Mar12 Mar13 Mar14
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -5.39 1.07 -0.07 0.76

African Copper Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Change In 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 -0.20 0.15 0.81 -0.01 -0.16

African Copper Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.17 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of £-0.17 Mil mean?
African Copper (LSE:ACU) has a Change In Inventory of £-0.17 Mil as of Sep. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for African Copper and its competitors.
Is African Copper's Change In Inventory too high?
African Copper's current Change In Inventory is £-0.17 Mil.
How does African Copper's Change In Inventory compare to competitors?
African Copper's Change In Inventory of £-0.17 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Metals & Mining company?
A good Change In Inventory depends on the Metals & Mining industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for African Copper and its competitors. African Copper's current Change In Inventory is £-0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Copper stock overvalued right now?
African Copper (LSE:ACU) has a current Change In Inventory of £-0.17 Mil. The current Change In Inventory is £-0.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For African Copper (LSE:ACU), the current Change In Inventory is £-0.17 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Copper Business Description

African Copper PLC was incorporated on February 11, 2004 in England and Wales. The Company is engaged in the exploration for, development and mining of, copper deposits in the Republic of Botswana. Its main activity is that of a holding company. Its main project is the copper producing open pit Mowana mine. The Company's wholly-owned subsidiary Messina holds the Dukwe Project comprising exploration licence PL 33/2005, with an area of 139.6 km2. The Dukwe Project with its associated licences encompasses the Mowana Mine and all current estimated mineral resources and reserves associated with the mine; together with north and south extensions of mineralization that lie outside of the Mowana Mine licence area. It also owns the rights to the adjacent Thakadu-Makala deposits and holds permits in exploration properties at the Matsitama Project which is contiguous to the southern boundary of the Mowana Mine.