GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alamos Gold Inc (NYSE:AGI) » Definitions » Days Inventory

Alamos Gold (Alamos Gold) Days Inventory : 137.61 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Alamos Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alamos Gold's Average Total Inventories for the three months ended in Mar. 2024 was $262 Mil. Alamos Gold's Cost of Goods Sold for the three months ended in Mar. 2024 was $174 Mil. Hence, Alamos Gold's Days Inventory for the three months ended in Mar. 2024 was 137.61.

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

AGI' s Days Inventory Range Over the Past 10 Years
Min: 61.96   Med: 109.09   Max: 146.7
Current: 146.7

During the past 13 years, Alamos Gold's highest Days Inventory was 146.70. The lowest was 61.96. And the median was 109.09.

AGI's Days Inventory is ranked worse than
74.81% of 659 companies
in the Metals & Mining industry
Industry Median: 88.57 vs AGI: 146.70

Alamos Gold's Days Inventory declined from Mar. 2023 (142.87) to Mar. 2024 (137.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alamos Gold's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.

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. Alamos Gold's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.94.


Alamos Gold Days Inventory Historical Data

The historical data trend for Alamos Gold'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.

Alamos Gold Days Inventory Chart

Alamos Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.99 105.70 118.74 129.84 144.64

Alamos Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 142.87 150.58 155.62 148.10 137.61

Competitive Comparison of Alamos Gold's Days Inventory

For the Gold subindustry, Alamos Gold'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.


Alamos Gold's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alamos Gold's Days Inventory falls into.



Alamos Gold Days Inventory Calculation

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

Alamos Gold'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
=( (234.2 + 271.2) / 2 ) / 637.7*365
=252.7 / 637.7*365
=144.64

Alamos Gold's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (271.2 + 252.4) / 2 ) / 173.6*365 / 4
=261.8 / 173.6*365 / 4
=137.61

* 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.


Alamos Gold  (NYSE:AGI) 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.

Alamos Gold's Inventory Turnover for the three months ended in Mar. 2024 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.

Alamos Gold's Inventory to Revenue for the three months ended in Mar. 2024 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.


Alamos Gold Days Inventory Related Terms

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


Alamos Gold (Alamos Gold) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3
Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from Young Davidson mines.