Aluworks (XGHA:ALW) Change In Inventory: GHS3.38 Mil (TTM As of Dec. 2020)

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What is Aluworks Change In Inventory?

Aluworks XGHA:ALW Change In Inventory is GHS3.38 Mil as of Dec. 2020.

Aluworks's change in inventory for the quarter that ended in Dec. 2020 was GHS3.38 Mil. It means Aluworks's inventory declined by GHS3.38 Mil from Dec. 2019 to Dec. 2020 .

Aluworks's change in inventory for the fiscal year that ended in Dec. 2020 was GHS3.38 Mil. It means Aluworks's inventory declined by GHS3.38 Mil from Dec. 2019 to Dec. 2020 .

Aluworks's Total Inventories for the quarter that ended in Dec. 2020 was GHS12.19 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aluworks's Days Inventory for the quarter that ended in Dec. 2020 was 34.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluworks's Inventory Turnover for the quarter that ended in Dec. 2020 was 5.33.

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. Aluworks's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.20.


Aluworks  (XGHA:ALW) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=13.88/74.005*365 / 2
=34.23

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

Aluworks's Inventory Turnover for the quarter that ended in Dec. 2020 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.

Aluworks's Inventory to Revenue for the quarter that ended in Dec. 2020 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.


Aluworks Change In Inventory Related Terms


Aluworks Change In Inventory Historical Data

* Premium members only.

The historical data trend for Aluworks'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.

Aluworks Change In Inventory Chart

Aluworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Inventory
Get a 7-Day Free Trial -2.54 2.41 3.43 -2.42 3.38

Aluworks Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Inventory Get a 7-Day Free Trial -2.54 2.41 3.43 -2.42 3.38

Aluworks Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2020 was GHS3.38 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 GHS3.38 Mil mean?
Aluworks (XGHA:ALW) has a Change In Inventory of GHS3.38 Mil as of Dec. 2020. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Aluworks and its competitors.
Is Aluworks' Change In Inventory too high?
Aluworks' current Change In Inventory is GHS3.38 Mil.
How does Aluworks' Change In Inventory compare to AA?
Aluworks' Change In Inventory of GHS3.38 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 Aluworks and its competitors. Aluworks's current Change In Inventory is GHS3.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluworks stock overvalued right now?
Aluworks (XGHA:ALW) has a current Change In Inventory of GHS3.38 Mil. The current Change In Inventory is GHS3.38 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 Aluworks (XGHA:ALW), the current Change In Inventory is GHS3.38 Mil as of Dec. 2020. 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.

Aluworks Business Description

Address Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA
Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.