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Alpha Metallurgical Resources (Alpha Metallurgical Resources) Days Inventory : 32.17 (As of Dec. 2023)


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What is Alpha Metallurgical Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Metallurgical Resources's Average Total Inventories for the three months ended in Dec. 2023 was $252 Mil. Alpha Metallurgical Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $714 Mil. Hence, Alpha Metallurgical Resources's Days Inventory for the three months ended in Dec. 2023 was 32.17.

The historical rank and industry rank for Alpha Metallurgical Resources's Days Inventory or its related term are showing as below:

AMR' s Days Inventory Range Over the Past 10 Years
Min: 17.88   Med: 24.95   Max: 36.21
Current: 36.21

During the past 9 years, Alpha Metallurgical Resources's highest Days Inventory was 36.21. The lowest was 17.88. And the median was 24.95.

AMR's Days Inventory is ranked better than
85.69% of 573 companies
in the Steel industry
Industry Median: 85.66 vs AMR: 36.21

Alpha Metallurgical Resources's Days Inventory increased from Dec. 2022 (30.00) to Dec. 2023 (32.17). It might indicate that Alpha Metallurgical Resources's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alpha Metallurgical Resources's Inventory Turnover for the three months ended in Dec. 2023 was 2.84.

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. Alpha Metallurgical Resources's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Alpha Metallurgical Resources Days Inventory Historical Data

The historical data trend for Alpha Metallurgical Resources'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.

Alpha Metallurgical Resources Days Inventory Chart

Alpha Metallurgical Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 26.48 33.04 24.06 24.95 31.51

Alpha Metallurgical Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 30.00 37.35 39.66 41.29 32.17

Competitive Comparison of Alpha Metallurgical Resources's Days Inventory

For the Coking Coal subindustry, Alpha Metallurgical Resources'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.


Alpha Metallurgical Resources's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alpha Metallurgical Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alpha Metallurgical Resources's Days Inventory falls into.



Alpha Metallurgical Resources Days Inventory Calculation

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

Alpha Metallurgical Resources's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (200.574 + 231.344) / 2 ) / 2501.53*365
=215.959 / 2501.53*365
=31.51

Alpha Metallurgical Resources'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (271.805 + 231.344) / 2 ) / 713.582*365 / 4
=251.5745 / 713.582*365 / 4
=32.17

* 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.


Alpha Metallurgical Resources  (NYSE:AMR) 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.

Alpha Metallurgical Resources's Inventory Turnover for the three 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.

Alpha Metallurgical Resources's Inventory to Revenue for the three 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.


Alpha Metallurgical Resources Days Inventory Related Terms

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


Alpha Metallurgical Resources (Alpha Metallurgical Resources) Business Description

Traded in Other Exchanges
N/A
Address
340 Martin Luther King Jr. Boulevard, Bristol, TN, USA, 37620
Alpha Metallurgical Resources Inc is a Tennessee-based coal mining company with operations across Virginia and West Virginia. The company's portfolio of mining operations consists of underground mines, surface mines and coal preparation plants. It produces low-ash metallurgical coal, including High-Vol. A, Mid-Vol., High-Vol. B, and Low-Vol. coal, which is shipped to domestic and international coke and steel producers. The reportable segments of the company are Met. It extracts, processes and markets met and thermal coal from deep and surface mines for sale to steel and coke producers, industrial customers, and electric utilities.
Executives
David J. Stetson director C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Daniel E. Horn officer: Executive Vice President-Sales C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Jason E. Whitehead officer: Chief Operating Officer C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Roger Lee Nicholson officer: EVP, Gen. Counsel & Secretary C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Baker De Neufville Joanna director 340 MARTIN LUTHER KING JR BLVD, BRISTOL TN 37620
Michael Gorzynski director, other: See Remarks 595 MADISON AVE, FLOOR 29, NEW YORK NY 10022
Continental General Holdings Llc other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Mg Capital Management Ltd. other: See Remarks C/O CAMPBELLS LLP, FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Percy Rockdale Llc other: See Remarks 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Continental Insurance Group, Ltd. other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Continental General Insurance Co other: See Remarks 11001 LAKELINE BLVD., STE. 120, AUSTIN TX 78717
Joshua Todd Munsey officer: Chief Financial Officer 340 MARTIN LUTHER KING BOULEVARD, BRISTOL TN 37620
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Scott D. Vogel director 885 PARK AVENUE, NEW YORK NY 10075
Charles Andrew Eidson officer: Chief Financial Officer ONE ALPHA PLACE, P.O. BOX 16429, BRISTOL VA 24209

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