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Aurelia Metals (ASX:AMI) Days Inventory : 44.97 (As of Dec. 2023)


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What is Aurelia Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aurelia Metals's Average Total Inventories for the six months ended in Dec. 2023 was A$26.7 Mil. Aurelia Metals's Cost of Goods Sold for the six months ended in Dec. 2023 was A$108.2 Mil. Hence, Aurelia Metals's Days Inventory for the six months ended in Dec. 2023 was 44.97.

The historical rank and industry rank for Aurelia Metals's Days Inventory or its related term are showing as below:

ASX:AMI' s Days Inventory Range Over the Past 10 Years
Min: 26.83   Med: 36.71   Max: 46.83
Current: 46.64

During the past 13 years, Aurelia Metals's highest Days Inventory was 46.83. The lowest was 26.83. And the median was 36.71.

ASX:AMI's Days Inventory is ranked better than
76.96% of 664 companies
in the Metals & Mining industry
Industry Median: 87.85 vs ASX:AMI: 46.64

Aurelia Metals's Days Inventory increased from Dec. 2022 (42.79) to Dec. 2023 (44.97). It might indicate that Aurelia Metals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurelia Metals's Inventory Turnover for the six months ended in Dec. 2023 was 4.06.

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. Aurelia Metals's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.18.


Aurelia Metals Days Inventory Historical Data

The historical data trend for Aurelia Metals's Days Inventory 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.

Aurelia Metals Days Inventory Chart

Aurelia Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.94 37.30 35.48 32.15 44.55

Aurelia Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 28.37 28.93 42.79 47.45 44.97

Competitive Comparison of Aurelia Metals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Aurelia Metals's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Aurelia Metals's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aurelia Metals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aurelia Metals's Days Inventory falls into.



Aurelia Metals Days Inventory Calculation

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

Aurelia Metals's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (43.908 + 29.23) / 2 ) / 299.602*365
=36.569 / 299.602*365
=44.55

Aurelia Metals's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (29.23 + 24.089) / 2 ) / 108.199*365 / 2
=26.6595 / 108.199*365 / 2
=44.97

* 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.


Aurelia Metals  (ASX:AMI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Aurelia Metals's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Aurelia Metals's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Aurelia Metals Days Inventory Related Terms

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


Aurelia Metals (ASX:AMI) Business Description

Traded in Other Exchanges
Address
144 Edward Street, Level 17, Brisbane, QLD, AUS, 4000
Aurelia Metals Ltd is a mineral exploration company. The company is engaged in mining gold, silver, lead, and Zinc. It focuses on the development and exploration of the Hera Mine project, Dargues Mine project and Peak Mine project. The company generates maximum revenue from Peak Mine project.

Aurelia Metals (ASX:AMI) Headlines

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