Anglogold Ashanti (Anglogold Ashanti) Inventory-to-Revenue

: 0.36 (As of Jun. 2023)

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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. Anglogold Ashanti's Average Total Inventories for the quarter that ended in Jun. 2023 was $787 Mil. Anglogold Ashanti's Revenue for the six months ended in Jun. 2023 was $2,186 Mil. Anglogold Ashanti's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.36.

Anglogold Ashanti's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.32) to Dec. 2022 (0.36)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anglogold Ashanti's Days Inventory for the six months ended in Jun. 2023 was 81.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anglogold Ashanti's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.23.

Anglogold Ashanti Inventory-to-Revenue Historical Data

The historical data trend for Anglogold Ashanti's Inventory-to-Revenue 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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Anglogold Ashanti Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

0.20

0.18

0.15

0.18

0.16

Anglogold Ashanti Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Inventory-to-Revenue																0.36	0.34	0.33	0.32	0.36

Competitive Comparison

For the Gold subindustry, Anglogold Ashanti's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Anglogold Ashanti Inventory-to-Revenue Distribution

For the Metals & Mining industry and Basic Materials sector, Anglogold Ashanti's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Anglogold Ashanti's Inventory-to-Revenue falls into.

Anglogold Ashanti Inventory-to-Revenue Calculation

Anglogold Ashanti's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (A: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )
=	( (703	+	773)	/	2 )	/	4501
=	738					/	4501
=	0.16

Anglogold Ashanti's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

	Inventory-to-Revenue (Q: Jun. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Revenue (Q: Jun. 2023 )
=	( (773	+	800)	/	2 )	/	2186
=	786.5					/	2186
=	0.36

Anglogold Ashanti (NYSE:AU) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Anglogold Ashanti's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	786.5	/	1751	*	365 / 2
	=	81.97

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

Anglogold Ashanti's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	1751	/	786.5
	=	2.23

Anglogold Ashanti Inventory-to-Revenue Related Terms

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Anglogold Ashanti (Anglogold Ashanti) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglogold Ashanti PLC (NYSE:AU) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

ANG:South Africa HT3:Germany HT3:Germany

Address

112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.anglogoldashanti.com

Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.