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Aluminium Bahrain BSC (BAH:ALBH) Days Inventory : 119.03 (As of Mar. 2024)


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What is Aluminium Bahrain BSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aluminium Bahrain BSC's Average Total Inventories for the three months ended in Mar. 2024 was BHD362 Mil. Aluminium Bahrain BSC's Cost of Goods Sold for the three months ended in Mar. 2024 was BHD277 Mil. Hence, Aluminium Bahrain BSC's Days Inventory for the three months ended in Mar. 2024 was 119.03.

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

BAH:ALBH' s Days Inventory Range Over the Past 10 Years
Min: 80.53   Med: 94   Max: 112.04
Current: 112.04

During the past 13 years, Aluminium Bahrain BSC's highest Days Inventory was 112.04. The lowest was 80.53. And the median was 94.00.

BAH:ALBH's Days Inventory is ranked worse than
62.44% of 663 companies
in the Metals & Mining industry
Industry Median: 88.57 vs BAH:ALBH: 112.04

Aluminium Bahrain BSC's Days Inventory declined from Mar. 2023 (124.85) to Mar. 2024 (119.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aluminium Bahrain BSC's Inventory Turnover for the three months ended in Mar. 2024 was 0.77.

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 Bahrain BSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.08.


Aluminium Bahrain BSC Days Inventory Historical Data

The historical data trend for Aluminium Bahrain BSC'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 Bahrain BSC Days Inventory Chart

Aluminium Bahrain BSC 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 94.71 91.34 98.21 93.29 100.28

Aluminium Bahrain BSC 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 124.85 124.00 108.69 104.29 119.03

Competitive Comparison of Aluminium Bahrain BSC's Days Inventory

For the Aluminum subindustry, Aluminium Bahrain BSC'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 Bahrain BSC's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aluminium Bahrain BSC's Days Inventory falls into.



Aluminium Bahrain BSC Days Inventory Calculation

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

Aluminium Bahrain BSC'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
=( (359.276 + 349.797) / 2 ) / 1290.417*365
=354.5365 / 1290.417*365
=100.28

Aluminium Bahrain BSC'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
=( (349.797 + 373.657) / 2 ) / 277.31*365 / 4
=361.727 / 277.31*365 / 4
=119.03

* 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 Bahrain BSC  (BAH:ALBH) 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 Bahrain BSC'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.

Aluminium Bahrain BSC'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.


Aluminium Bahrain BSC Days Inventory Related Terms

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


Aluminium Bahrain BSC (BAH:ALBH) Business Description

Traded in Other Exchanges
Address
94 Road, King Hamad Highway, Building 150, Block 951, P.O. Box 570, Askar, BHR
Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke.

Aluminium Bahrain BSC (BAH:ALBH) Headlines

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