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Anglo Asian Mining (LSE:AAZ) Days Inventory : 496.45 (As of Jun. 2024)


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What is Anglo Asian Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anglo Asian Mining's Average Total Inventories for the six months ended in Jun. 2024 was £32.12 Mil. Anglo Asian Mining's Cost of Goods Sold for the six months ended in Jun. 2024 was £11.81 Mil. Hence, Anglo Asian Mining's Days Inventory for the six months ended in Jun. 2024 was 496.45.

The historical rank and industry rank for Anglo Asian Mining's Days Inventory or its related term are showing as below:

LSE:AAZ' s Days Inventory Range Over the Past 10 Years
Min: 140.95   Med: 204.88   Max: 394.72
Current: 394.72

During the past 13 years, Anglo Asian Mining's highest Days Inventory was 394.72. The lowest was 140.95. And the median was 204.88.

LSE:AAZ's Days Inventory is ranked worse than
91.99% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs LSE:AAZ: 394.72

Anglo Asian Mining's Days Inventory increased from Jun. 2023 (326.31) to Jun. 2024 (496.45). It might indicate that Anglo Asian Mining'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. Anglo Asian Mining's Inventory Turnover for the six months ended in Jun. 2024 was 0.37.

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. Anglo Asian Mining's Inventory-to-Revenue for the six months ended in Jun. 2024 was 3.06.


Anglo Asian Mining Days Inventory Historical Data

The historical data trend for Anglo Asian Mining'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.

Anglo Asian Mining Days Inventory Chart

Anglo Asian Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 265.00 261.56 190.97 195.88 297.86

Anglo Asian Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 371.70 166.75 326.31 323.37 496.45

Competitive Comparison of Anglo Asian Mining's Days Inventory

For the Gold subindustry, Anglo Asian Mining'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.


Anglo Asian Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Anglo Asian Mining's Days Inventory falls into.



Anglo Asian Mining Days Inventory Calculation

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

Anglo Asian Mining'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
=( (33.006 + 31.87) / 2 ) / 39.75*365
=32.438 / 39.75*365
=297.86

Anglo Asian Mining's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (31.87 + 32.366) / 2 ) / 11.807*365 / 2
=32.118 / 11.807*365 / 2
=496.45

* 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.


Anglo Asian Mining  (LSE:AAZ) 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.

Anglo Asian Mining's Inventory Turnover for the six months ended in Jun. 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.

Anglo Asian Mining's Inventory to Revenue for the six months ended in Jun. 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.


Anglo Asian Mining Days Inventory Related Terms

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


Anglo Asian Mining Business Description

Traded in Other Exchanges
Address
2 Izmir Street, 3rd Floor, Tower 2, Hyatt Regency Business Centre, Baku, AZE, AZ1065
Anglo Asian Mining PLC owns and operates gold, silver, and copper producing properties in the Republic of Azerbaijan. It has a substantial portfolio of greenfield assets in areas such as Gilar, Zafar, Xarxar, Garadag, and others all of them hosting substantial ore deposits. The company's mining operations mainly comprise its producing assets, the Gedabek and Gadir mines, and related exploration and development at its Gedabek mining concession. Its revenue consists of sales to third parties of gold contained within dore, gold and silver bullion to its refiners, and gold and copper concentrate. Key revenue is generated from the sales of gold within dore and gold bullion.

Anglo Asian Mining Headlines

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