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ALTM (Arcadium Lithium) Days Inventory : 224.46 (As of Sep. 2024)


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What is Arcadium Lithium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arcadium Lithium's Average Total Inventories for the three months ended in Sep. 2024 was $361.4 Mil. Arcadium Lithium's Cost of Goods Sold for the three months ended in Sep. 2024 was $146.9 Mil. Hence, Arcadium Lithium's Days Inventory for the three months ended in Sep. 2024 was 224.46.

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

ALTM' s Days Inventory Range Over the Past 10 Years
Min: 94.96   Med: 125   Max: 181.29
Current: 181.29

During the past 8 years, Arcadium Lithium's highest Days Inventory was 181.29. The lowest was 94.96. And the median was 125.00.

ALTM's Days Inventory is ranked worse than
86.87% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs ALTM: 181.29

Arcadium Lithium's Days Inventory increased from Sep. 2023 (218.57) to Sep. 2024 (224.46). It might indicate that Arcadium Lithium's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arcadium Lithium's Inventory Turnover for the three months ended in Sep. 2024 was 0.41.

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. Arcadium Lithium's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.78.


Arcadium Lithium Days Inventory Historical Data

The historical data trend for Arcadium Lithium'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.

Arcadium Lithium Days Inventory Chart

Arcadium Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 124.58 158.98 132.04 125.41 163.33

Arcadium Lithium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 218.57 123.85 213.40 173.46 224.46

Competitive Comparison of Arcadium Lithium's Days Inventory

For the Specialty Chemicals subindustry, Arcadium Lithium'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.


Arcadium Lithium's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arcadium Lithium's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arcadium Lithium's Days Inventory falls into.



Arcadium Lithium Days Inventory Calculation

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

Arcadium Lithium's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (152.3 + 217.5) / 2 ) / 413.2*365
=184.9 / 413.2*365
=163.33

Arcadium Lithium's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (333.1 + 389.6) / 2 ) / 146.9*365 / 4
=361.35 / 146.9*365 / 4
=224.46

* 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.


Arcadium Lithium  (NYSE:ALTM) 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.

Arcadium Lithium's Inventory Turnover for the three months ended in Sep. 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.

Arcadium Lithium's Inventory to Revenue for the three months ended in Sep. 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.


Arcadium Lithium Days Inventory Related Terms

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


Arcadium Lithium Business Description

Traded in Other Exchanges
Address
Gateway Hub Shannon Airport House, Suite 12, Shannon, Clare, IRL, 19103
Arcadium Lithium is a pure-play lithium producer that was formed by the Allkem-Livent merger in January 2024. The company agreed to a deal for Arcadium to be acquired by Rio Tinto in an all-cash transaction that should close in 2025. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Executives
Gilberto Antoniazzi officer: Vice President and CFO LIVENT CORPORATION, C/O FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Paul W Graves director, officer: President and CEO 1735 MARKET STREET, PHILADELPHIA PA 19103
Pablo Marcet director C/O GEO LOGIC SA, PASCUAL, FICHERA Y, ASOC., CERRITO 1070, PISO 8, BUENOS AIRES C1 1010
Christina Lampe-onnerud director C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD, DANBURY CT 06810
Ronald B Stark officer: Chief Accounting Officer C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Nicholas Pfeiffer officer: Chief Accounting Officer 1735 MARKET STREET, PHILADELPHIA PA 19103
G Peter Daloia director
Steven T Merkt director 1050 WESTLAKES DRIVE, BERWYN PA 19312
Michael F Barry director ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Pierre R Brondeau director ROHAM AND HAAS CO, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Robert C Pallash director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
Andrea E Utecht director 1735 MARKET ST, 15TH FL, PHILADELPHIA PA 19103
Fmc Corp 10 percent owner 2929 WALNUT STREET, PHILADELPHIA PA 19104
Sara Ponessa officer: VP, Gen. Counsel & Secretary C/O LIVENT CORP., 1818 MARKET STREET, PHILADELPHIA PA 19103
Thomas Schneberger officer: Vice President and COO C/O FMC CORP, 2929 WALNUT STREET, PHILADELPHIA PA 19104