The historical rank and industry rank for American Resources's Days Inventory or its related term are showing as below:
AREC'
s Days Inventory Range Over the Past 10 Years
Min: 4.09 Med: 6.41 Max: 61.39
Current: 61.39
During the past 10 years, American Resources's highest Days Inventory was 61.39. The lowest was 4.09. And the median was 6.41.
AREC's Days Inventory is ranked better than 67.23% of 589
companies
in the Steel industry
Industry Median: 87.84
vs AREC: 61.39
American Resources's Days Inventory
increased
from Sep. 2023 (40.89) to Sep. 2024 (69.61).
It might indicate that American Resources's sales slowed down.
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.
American Resources's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.31.
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.
American Resources's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 8.64.
American Resources Days Inventory Historical Data
The historical data trend for American Resources'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.
Competitive Comparison of American Resources's Days Inventory
For the Coking Coal subindustry, American Resources'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.
American Resources's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, American Resources's Days Inventory distribution charts can be found below:
* The bar in red indicates where American Resources's Days Inventory falls into.
American Resources Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
American Resources's Days Inventory for the fiscal year that ended in Dec. 2023 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.
American Resources (NAS:AREC) 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.
American Resources'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.
American Resources'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.
American Resources Days Inventory Related Terms
Thank you for viewing the detailed overview of American Resources's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
American Resources Corp is a next-generation, environmentally, and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.
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