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Aluminium du Maroc (CAS:ALM) Days Inventory : 159.80 (As of Dec. 2023)


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What is Aluminium du Maroc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aluminium du Maroc's Average Total Inventories for the six months ended in Dec. 2023 was MAD380 Mil. Aluminium du Maroc's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD434 Mil. Hence, Aluminium du Maroc's Days Inventory for the six months ended in Dec. 2023 was 159.80.

The historical rank and industry rank for Aluminium du Maroc's Days Inventory or its related term are showing as below:

CAS:ALM' s Days Inventory Range Over the Past 10 Years
Min: 94.03   Med: 107.6   Max: 167.02
Current: 161.68

During the past 12 years, Aluminium du Maroc's highest Days Inventory was 167.02. The lowest was 94.03. And the median was 107.60.

CAS:ALM's Days Inventory is ranked worse than
78.4% of 662 companies
in the Metals & Mining industry
Industry Median: 88.535 vs CAS:ALM: 161.68

Aluminium du Maroc's Days Inventory declined from Dec. 2022 (211.24) to Dec. 2023 (159.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluminium du Maroc's Inventory Turnover for the six months ended in Dec. 2023 was 1.14.

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. Aluminium du Maroc's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.63.


Aluminium du Maroc Days Inventory Historical Data

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Days Inventory Chart

Aluminium du Maroc 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 94.49 124.31 110.84 166.89 167.02

Aluminium du Maroc Semi-Annual Data
Dec13 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 108.76 185.70 211.24 158.32 159.80

Competitive Comparison of Aluminium du Maroc's Days Inventory

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aluminium du Maroc's Days Inventory falls into.



Aluminium du Maroc Days Inventory Calculation

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

Aluminium du Maroc'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
=( (488.9 + 371.06) / 2 ) / 939.66*365
=429.98 / 939.66*365
=167.02

Aluminium du Maroc'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
=( (388.695 + 371.06) / 2 ) / 433.836*365 / 2
=379.8775 / 433.836*365 / 2
=159.80

* 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.


Aluminium du Maroc  (CAS:ALM) 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.

Aluminium du Maroc'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.

Aluminium du Maroc'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.


Aluminium du Maroc Days Inventory Related Terms

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


Aluminium du Maroc (CAS:ALM) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.

Aluminium du Maroc (CAS:ALM) Headlines

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