Aluworks (XGHA:ALW) Total Inventories: GHS12.19 Mil (As of Dec. 2020)


What is Aluworks Total Inventories?

Aluworks XGHA:ALW Total Inventories is GHS12.19 Mil as of Dec. 2020.

Aluworks's total inventories for the quarter that ended in Dec. 2020 was GHS12.19 Mil. Aluworks's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Dec. 2020 was GHS13.88 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aluworks's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was GHS-0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aluworks's Days Inventory for the six months ended in Dec. 2020 was 34.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluworks's Inventory Turnover for the quarter that ended in Dec. 2020 was 5.33.

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. Aluworks's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.20.

Aluworks  (XGHA:ALW) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Aluworks's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

Net-Net Working Capital Per Share (Q: Dec. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.141+0.75 * 0.398+0.5 * 12.191-230.081
-0-0)/236.687
=-0.94

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

Aluworks's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=13.88/74.005*365 / 2
=34.23

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Aluworks's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2020 ) / Average Total Inventories (Q: Dec. 2020 )
=74.005 / 13.88
=5.33

4. 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.

Aluworks's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=13.88 / 68.975
=0.20

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Aluworks Total Inventories Related Terms

Aluworks Total Inventories Historical Data

* Premium members only.

The historical data trend for Aluworks's Total Inventories 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.

Aluworks Total Inventories Chart

Aluworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial 18.99 16.58 13.15 15.57 12.19

Aluworks Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories Get a 7-Day Free Trial 18.99 16.58 13.15 15.57 12.19

Aluworks Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of GHS12.19 Mil mean?
Aluworks (XGHA:ALW) has a Total Inventories of GHS12.19 Mil as of Dec. 2020. The total amount of inventory as recorded on a company's balance sheet. View historical data for Aluworks and its competitors.
Is Aluworks' Total Inventories too high?
Aluworks' current Total Inventories is GHS12.19 Mil.
How does Aluworks' Total Inventories compare to AA?
Aluworks' Total Inventories of GHS12.19 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Aluworks and its competitors. Aluworks's current Total Inventories is GHS12.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluworks stock overvalued right now?
Aluworks (XGHA:ALW) has a current Total Inventories of GHS12.19 Mil. The current Total Inventories is GHS12.19 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Aluworks (XGHA:ALW), the current Total Inventories is GHS12.19 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aluworks Business Description

Address Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA
Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.