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Sanmenxia Tianyuan Aluminum Co (HKSE:08253) Days Inventory : 25.23 (As of Dec. 2010)


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What is Sanmenxia Tianyuan Aluminum Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanmenxia Tianyuan Aluminum Co's Average Total Inventories for the six months ended in Dec. 2010 was HK$108 Mil. Sanmenxia Tianyuan Aluminum Co's Cost of Goods Sold for the six months ended in Dec. 2010 was HK$1,609 Mil. Hence, Sanmenxia Tianyuan Aluminum Co's Days Inventory for the six months ended in Dec. 2010 was 12.21.

The historical rank and industry rank for Sanmenxia Tianyuan Aluminum Co's Days Inventory or its related term are showing as below:

HKSE:08253' s Days Inventory Range Over the Past 10 Years
Min: 23.42   Med: 25.46   Max: 65.84
Current: 65.84

During the past 8 years, Sanmenxia Tianyuan Aluminum Co's highest Days Inventory was 65.84. The lowest was 23.42. And the median was 25.46.

HKSE:08253's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.655 vs HKSE:08253: 65.84

Sanmenxia Tianyuan Aluminum Co's Days Inventory increased from Dec. 2008 (24.85) to Dec. 2010 (25.23). It might indicate that Sanmenxia Tianyuan Aluminum Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanmenxia Tianyuan Aluminum Co's Inventory Turnover for the six months ended in Dec. 2010 was 14.95.

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. Sanmenxia Tianyuan Aluminum Co's Inventory-to-Revenue for the six months ended in Dec. 2010 was 0.07.

Sanmenxia Tianyuan Aluminum Co Days Inventory Historical Data

The historical data trend for Sanmenxia Tianyuan Aluminum Co'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.

Sanmenxia Tianyuan Aluminum Co Days Inventory Chart

Sanmenxia Tianyuan Aluminum Co Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Days Inventory
Get a 7-Day Free Trial 23.42 25.46 24.85 39.24 24.42

Sanmenxia Tianyuan Aluminum Co Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Days Inventory Get a 7-Day Free Trial 23.42 25.46 24.85 39.24 25.23

Competitive Comparison of Sanmenxia Tianyuan Aluminum Co's Days Inventory

For the Aluminum subindustry, Sanmenxia Tianyuan Aluminum Co'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.

Sanmenxia Tianyuan Aluminum Co's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sanmenxia Tianyuan Aluminum Co's Days Inventory falls into.


Sanmenxia Tianyuan Aluminum Co Days Inventory Calculation

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

Sanmenxia Tianyuan Aluminum Co's Days Inventory for the fiscal year that ended in Dec. 2010 is calculated as

Days Inventory (A: Dec. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2009 ) + Total Inventories (A: Dec. 2010 )) / count ) / Cost of Goods Sold (A: Dec. 2010 )*Days in Period
=( (104.111 + 111.229) / 2 ) / 1609.179*365
=107.67 / 1609.179*365
=24.42

Sanmenxia Tianyuan Aluminum Co's Days Inventory for the quarter that ended in Dec. 2010 is calculated as:

Days Inventory (Q: Dec. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2009 ) + Total Inventories (Q: Dec. 2010 )) / count ) / Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=( (104.111 + 111.229) / 2 ) / 1609.179*365 / 2
=107.67 / 1609.179*365 / 2
=12.21

* 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.

Sanmenxia Tianyuan Aluminum Co  (HKSE:08253) 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.

Sanmenxia Tianyuan Aluminum Co's Inventory Turnover for the six months ended in Dec. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1609.179 / 107.67
=14.95

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.

Sanmenxia Tianyuan Aluminum Co's Inventory to Revenue for the six months ended in Dec. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=107.67 / 1528.66
=0.07

* 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.

Sanmenxia Tianyuan Aluminum Co Days Inventory Related Terms

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

Sanmenxia Tianyuan Aluminum Co (HKSE:08253) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sanmenxia Tianyuan Aluminum Co Ltd (HKSE:08253) » Definitions » Days Inventory
Comparable Companies
ISX:INAI HKSE:01220 XKLS:7214 XKRX:009620 ROCO:4558 BKK:VARO XCNQ:IMCC COL:ALUM.N0000 XKLS:2674 DHA:BDTHAI ATH:ALMY BOM:539151 XKLS:9326 ASX:ABX ASX:VYS BOM:541152 BOM:526747 SGX:5FX BOM:532906 ASX:ASQ
Traded in Other Exchanges
N/A
Address
Website
http://www.styal.com.cn/
Sanmenxia Tianyuan Aluminum Co. is mainly engaged in aluminum and aluminum alloy ingots production and sales, as well as import business concerning reasearch required materials and equipments.

Sanmenxia Tianyuan Aluminum Co (HKSE:08253) Headlines

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