Alumil Rom Industry (BSE:ALU) Inventory Turnover : 0.74 (As of Sep. 2023)

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What is Alumil Rom Industry Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Alumil Rom Industry's Cost of Goods Sold for the three months ended in Sep. 2023 was lei19.8 Mil. Alumil Rom Industry's Average Total Inventories for the quarter that ended in Sep. 2023 was lei26.7 Mil. Alumil Rom Industry's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alumil Rom Industry's Days Inventory for the three months ended in Sep. 2023 was 123.26.

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. Alumil Rom Industry's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.93.

Alumil Rom Industry Inventory Turnover Historical Data

The historical data trend for Alumil Rom Industry's Inventory Turnover 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.

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Alumil Rom Industry Inventory Turnover Chart

Alumil Rom Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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5.50

3.24

3.70

3.58

3.50

Alumil Rom Industry Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.62	0.80	0.70	0.76	0.74

Alumil Rom Industry Inventory Turnover Calculation

Alumil Rom Industry's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	75.926	/ (	(20.948	+	22.396)	/	2 )
=	75.926	/	21.672
=	3.50

Alumil Rom Industry's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	19.797	/ (	(25.587	+	27.898)	/	2 )
=	19.797	/	26.7425
=	0.74

Alumil Rom Industry (BSE:ALU) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Alumil Rom Industry's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	26.7425	/	19.797	*	365 / 4
	=	123.26

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.

Alumil Rom Industry's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	26.7425	/	28.767
	=	0.93

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Alumil Rom Industry Inventory Turnover Related Terms

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Alumil Rom Industry (BSE:ALU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alumil Rom Industry SA (BSE:ALU) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Soseaua Bucuresti Ploiesti No. 42-44, Sector 1, Complex Baneasa Business & Technologiy Park, Bucharest, ROU, 50912

Website

https://www.alumil.com

Alumil Rom Industry SA is a Romania-based company. The company mainly manufactures and trades a range of Aluminum profile systems such as sliding, opening, and partitioning systems and accessories related to these systems, machine tools, and specific tools used for aluminum joinery, interior doors, and decorative Aluminum panels. The company also engages in the processing of profiles through the provision of thermal breaks and electrostatic painting. The product categories of the company are profiles, accessories, polycarbonates, composite aluminum panels, photovoltaic systems, systems for automation applications, waste, services and others.