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ALMMF (Aluminum of China) Days Inventory : 43.17 (As of Dec. 2024)


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What is Aluminum of China Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aluminum of China's Average Total Inventories for the three months ended in Dec. 2024 was $3,406 Mil. Aluminum of China's Cost of Goods Sold for the three months ended in Dec. 2024 was $7,199 Mil. Hence, Aluminum of China's Days Inventory for the three months ended in Dec. 2024 was 43.17.

The historical rank and industry rank for Aluminum of China's Days Inventory or its related term are showing as below:

ALMMF' s Days Inventory Range Over the Past 10 Years
Min: 28.89   Med: 43.32   Max: 65.65
Current: 50.92

During the past 13 years, Aluminum of China's highest Days Inventory was 65.65. The lowest was 28.89. And the median was 43.32.

ALMMF's Days Inventory is ranked better than
72.48% of 654 companies
in the Metals & Mining industry
Industry Median: 86.34 vs ALMMF: 50.92

Aluminum of China's Days Inventory declined from Dec. 2023 (72.41) to Dec. 2024 (43.17).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluminum of China's Inventory Turnover for the three months ended in Dec. 2024 was 2.11.

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. Aluminum of China's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.39.


Aluminum of China Days Inventory Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Days Inventory Chart

Aluminum of China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.43 28.53 34.29 44.77 43.60

Aluminum of China Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 72.41 54.55 47.07 40.06 43.17

Competitive Comparison of Aluminum of China's Days Inventory

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aluminum of China's Days Inventory falls into.


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Aluminum of China Days Inventory Calculation

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

Aluminum of China's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (3199.789 + 3354.016) / 2 ) / 27431.611*365
=3276.9025 / 27431.611*365
=43.60

Aluminum of China's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (3457.561 + 3354.016) / 2 ) / 7198.526*365 / 4
=3405.7885 / 7198.526*365 / 4
=43.17

* 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.


Aluminum of China  (OTCPK:ALMMF) 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.

Aluminum of China's Inventory Turnover for the three months ended in Dec. 2024 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.

Aluminum of China's Inventory to Revenue for the three months ended in Dec. 2024 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.


Aluminum of China Days Inventory Related Terms

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


Aluminum of China Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are; The alumina segment, The primary aluminum segment, Energy, Trading, and the Corporate segment. The majority of its revenue is generated from the primary aluminum segment which consists of procuring alumina and other raw materials, supplemental materials and electricity power, and smelting alumina to produce primary aluminum. Geographically, its key revenue is derived from Mainland China.

Aluminum of China Headlines

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