Days Inventory is also known as Days Sales of Inventory (DSI). Allied Gold's Average Total Inventories for the
three
months ended in Sep. 2024 was C$148 Mil. Allied Gold's Cost of Goods Sold for the
three
months ended in Sep. 2024 was C$187 Mil.
Hence, Allied Gold's Days Inventory for the
three
months ended in Sep. 2024 was 72.20.
The historical rank and industry rank for Allied Gold's Days Inventory or its related term are showing as below:
TSX:AAUC'
s Days Inventory Range Over the Past 10 Years
Min: 42.8 Med: 46.8 Max: 60.62
Current: 60.62
During the past 2 years, Allied Gold's highest Days Inventory was 60.62. The lowest was 42.80. And the median was 46.80.
TSX:AAUC's Days Inventory is ranked better than 66.87% of 649
companies
in the Metals & Mining industry
Industry Median: 86.21
vs TSX:AAUC: 60.62
Allied Gold's Days Inventory
increased
from Sep. 2023 (45.17) to Sep. 2024 (72.20).
It might indicate that Allied Gold'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.
Allied Gold's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.26.
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.
Allied Gold's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.58.
Allied Gold Days Inventory Historical Data
The historical data trend for Allied Gold'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 Allied Gold's Days Inventory
For the Gold subindustry, Allied Gold'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.
Allied Gold's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Allied Gold's Days Inventory distribution charts can be found below:
* The bar in red indicates where Allied Gold's Days Inventory falls into.
Allied Gold Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Allied Gold'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.
Allied Gold (TSX:AAUC) 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.
Allied Gold'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.
Allied Gold'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.
Allied Gold Days Inventory Related Terms
Thank you for viewing the detailed overview of Allied Gold's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Allied Gold Corp is a company focused on gold mining activities in Africa. Allied has three mines and several development and exploration projects in Africa where it has operating experience. Operations are located in Cote d'Ivoire, Mali, and Ethiopia. The company expands and optimizes initiatives at existing operating mines, the development of new mines, the advancement of its exploration properties, and, targeting other consolidation opportunities with a focus on Africa.
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