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Alexandria Mineral Oils Co (CAI:AMOC) Inventory Turnover : 3.27 (As of Dec. 2023)


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What is Alexandria Mineral Oils Co 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. Alexandria Mineral Oils Co's Cost of Goods Sold for the three months ended in Dec. 2023 was E£6,858 Mil. Alexandria Mineral Oils Co's Average Total Inventories for the quarter that ended in Dec. 2023 was E£2,094 Mil. Alexandria Mineral Oils Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alexandria Mineral Oils Co's Days Inventory for the three months ended in Dec. 2023 was 27.86.

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. Alexandria Mineral Oils Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.


Alexandria Mineral Oils Co Inventory Turnover Historical Data

The historical data trend for Alexandria Mineral Oils Co'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.

* Premium members only.

Alexandria Mineral Oils Co Inventory Turnover Chart

Alexandria Mineral Oils Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.32 16.77

Alexandria Mineral Oils Co Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Inventory Turnover 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 3.79 2.64 - 3.93 3.27

Alexandria Mineral Oils Co Inventory Turnover Calculation

Alexandria Mineral Oils Co's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=21893.657 / ((1403.595 + 1206.917) / 2 )
=21893.657 / 1305.256
=16.77

Alexandria Mineral Oils Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=6858.158 / ((2026.656 + 2161.646) / 2 )
=6858.158 / 2094.151
=3.27

* 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.


Alexandria Mineral Oils Co  (CAI:AMOC) 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.

Alexandria Mineral Oils Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=2094.151/6858.158*365 / 4
=27.86

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.

Alexandria Mineral Oils Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2094.151 / 7228.063
=0.29

* 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

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.


Alexandria Mineral Oils Co Inventory Turnover Related Terms

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Alexandria Mineral Oils Co (CAI:AMOC) Business Description

Traded in Other Exchanges
N/A
Address
El Sad El Ali Street, Wady El Qamar, El-Max, Alexandria, EGY
Alexandria Mineral Oils Co operates in the petroleum industry. The company is mainly engaged in the production and distribution of oil products in Egypt and in international markets. The company's principal products consist of base oils; special oils, including automatic transmission fluids, transformer oil, and spindle oil; hydrotreated paraffin wax; and fuel oil blend and furnace oil.

Alexandria Mineral Oils Co (CAI:AMOC) Headlines

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