Noranda Aluminum Holding (Noranda Aluminum Holding) Days Inventory : 49.88 (As of Dec. 2015)

Noranda Aluminum Holding Days Inventory Chart

Noranda Aluminum Holding Annual Data
	Trend	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15
Days Inventory		Get a 7-Day Free Trial					52.61	54.61	53.74	54.30	48.72

Noranda Aluminum Holding Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Days Inventory	Get a 7-Day Free Trial															60.34	56.23	54.03	48.60	49.88

Competitive Comparison of Noranda Aluminum Holding's Days Inventory

For the Aluminum subindustry, Noranda Aluminum Holding'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.

Noranda Aluminum Holding's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Noranda Aluminum Holding's Days Inventory falls into.

Noranda Aluminum Holding Days Inventory Calculation

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

Noranda Aluminum Holding's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Noranda Aluminum Holding's Days Inventory for the quarter that ended in Dec. 2015 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.

Noranda Aluminum Holding  (OTCPK:NORNQ) 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.

Noranda Aluminum Holding's Inventory Turnover for the three months ended in Dec. 2015 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.

Noranda Aluminum Holding's Inventory to Revenue for the three months ended in Dec. 2015 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.

Noranda Aluminum Holding Days Inventory Related Terms

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Noranda Aluminum Holding (Noranda Aluminum Holding) Business Description