Aluworks (XGHA:ALW) Change In Inventory : GHS3.38 Mil (TTM As of Dec. 2020)

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What is Aluworks Change In Inventory?

Aluworks's change in inventory for the quarter that ended in Dec. 2020 was GHS3.38 Mil. It means Aluworks's inventory declined by GHS3.38 Mil from Dec. 2019 to Dec. 2020 .

Aluworks's change in inventory for the fiscal year that ended in Dec. 2020 was GHS3.38 Mil. It means Aluworks's inventory declined by GHS3.38 Mil from Dec. 2019 to Dec. 2020 .

Aluworks's Total Inventories for the quarter that ended in Dec. 2020 was GHS12.19 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aluworks's Days Inventory for the quarter that ended in Dec. 2020 was 34.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluworks's Inventory Turnover for the quarter that ended in Dec. 2020 was 5.33.

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. Aluworks's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.20.

Aluworks Change In Inventory Historical Data

The historical data trend for Aluworks's Change In 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.

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Aluworks Change In Inventory Chart

Aluworks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

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-2.54

2.41

3.43

-2.42

3.38

Aluworks Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Change In Inventory	Get a 7-Day Free Trial			-2.54	2.41	3.43	-2.42	3.38

Aluworks Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2020 was GHS3.38 Mil.

Aluworks (XGHA:ALW) Change In Inventory Explanation

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

Aluworks's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	13.88	/	74.005	*	365 / 2
	=	34.23

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

Aluworks's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	74.005	/	13.88
	=	5.33

3. 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.

Aluworks's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.88	/	68.975
	=	0.20

Aluworks Change In Inventory Related Terms

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Aluworks (XGHA:ALW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluworks Ltd (XGHA:ALW) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA

Website

https://www.aluworks.com

Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.

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