Alita Resources (SGX:40F) Days Inventory : 182.84 (As of Dec. 2018)

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What is Alita Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alita Resources's Average Total Inventories for the three months ended in Dec. 2018 was S$25.59 Mil. Alita Resources's Cost of Goods Sold for the three months ended in Dec. 2018 was S$12.77 Mil. Hence, Alita Resources's Days Inventory for the three months ended in Dec. 2018 was 182.84.

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

SGX:40F's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.68
* Ranked among companies with meaningful Days Inventory only.

Alita Resources's Days Inventory increased from Dec. 2017 (0.00) to Dec. 2018 (182.84). It might indicate that Alita Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alita Resources's Inventory Turnover for the three months ended in Dec. 2018 was 0.50.

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. Alita Resources's Inventory-to-Revenue for the three months ended in Dec. 2018 was 1.85.

Alita Resources Days Inventory Historical Data

The historical data trend for Alita 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.

* Premium members only.

Alita Resources Days Inventory Chart

Alita Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Days Inventory

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3,015.68

Alita Resources Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Inventory	Get a 7-Day Free Trial															-	-	62.58	182.84	-

Competitive Comparison of Alita Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Alita 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.

Alita Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alita Resources's Days Inventory falls into.

Alita Resources Days Inventory Calculation

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

Alita Resources's Days Inventory for the fiscal year that ended in Jun. 2018 is calculated as

	Days Inventory (A: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2017 )	+	Total Inventories (A: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2018 )	*	Days in Period
=	( (0	+	0.851)	/	1 )	/	0.103	*	365
=	0.851					/	0.103	*	365
=	3,015.68

Alita Resources's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (15.224	+	35.956)	/	2 )	/	12.771	*	365 / 4
=	25.59					/	12.771	*	365 / 4
=	182.84

Alita Resources (SGX:40F) 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.

Alita Resources's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.771	/	25.59
	=	0.50

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.

Alita Resources's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.59	/	13.82
	=	1.85

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.

Alita Resources Days Inventory Related Terms

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

Alita Resources (SGX:40F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alita Resources Ltd (SGX:40F) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 3, 20 Parkland Road, Osborne Park, Perth, WA, AUS, 6017

Website

http://www.alitaresources.com.au

Alita Resources Ltd, formerly Alliance Mineral Assets Ltd is a mining company primarily engaged in the business of developing and producing lithium (spodumene) concentrate. Its principal project is the Bald Hill Lithium and Tantalum Mine which is located south east of Kambalda in the Eastern Goldfields region of Western Australia.

Alita Resources (SGX:40F) Headlines

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