Aluminium of Egypt (CAI:EGAL) Inventory Turnover : 0.84 (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Aluminium of Egypt 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. Aluminium of Egypt's Cost of Goods Sold for the three months ended in Sep. 2024 was E£6,179 Mil. Aluminium of Egypt's Average Total Inventories for the quarter that ended in Sep. 2024 was E£7,362 Mil. Aluminium of Egypt's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aluminium of Egypt's Days Inventory for the three months ended in Sep. 2024 was 108.72.

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. Aluminium of Egypt's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.65.

Aluminium of Egypt Inventory Turnover Historical Data

The historical data trend for Aluminium of Egypt'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.

Aluminium of Egypt Inventory Turnover Chart

Aluminium of Egypt Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

Get a 7-Day Free Trial

1.53

2.45

-0.89

2.36

2.67

Aluminium of Egypt Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.60	0.50	-	0.73	0.84

Aluminium of Egypt Inventory Turnover Calculation

Aluminium of Egypt's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	20180.761	/ (	(8076.202	+	7042.402)	/	2 )
=	20180.761	/	7559.302
=	2.67

Aluminium of Egypt's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	6178.95	/ (	(7042.402	+	7681.328)	/	2 )
=	6178.95	/	7361.865
=	0.84

Aluminium of Egypt (CAI:EGAL) 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.

Aluminium of Egypt's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	7361.865	/	6178.95	*	365 / 4
	=	108.72

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.

Aluminium of Egypt's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	7361.865	/	11334.385
	=	0.65

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.

Aluminium of Egypt Inventory Turnover Related Terms

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

Aluminium of Egypt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminium of Egypt SA (CAI:EGAL) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

48-50 Abdel Khalek Sarwat Street, Cairo, EGY

Website

http://www.egyptalum.com.eg

Aluminium of Egypt SA is an Egypt-based company engaged in the production and sale of aluminum products and by-products. Egyptalum's products include ingots, slabs, sheets, billets, plates, wires and anode blocks.

Aluminium of Egypt Headlines

No Headlines