Alconix (TSE:3036) Days Inventory : 108.10 (As of Dec. 2023)

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What is Alconix Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alconix's Average Total Inventories for the three months ended in Dec. 2023 was 円49,040 Mil. Alconix's Cost of Goods Sold for the three months ended in Dec. 2023 was 円41,396 Mil. Hence, Alconix's Days Inventory for the three months ended in Dec. 2023 was 108.10.

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

TSE:3036' s Days Inventory Range Over the Past 10 Years
Min: 34.34 Med: 44.41 Max: 118.88
Current: 118.88

During the past 13 years, Alconix's highest Days Inventory was 118.88. The lowest was 34.34. And the median was 44.41.

TSE:3036's Days Inventory is ranked worse than
66.97% of 663 companies
in the Metals & Mining industry
Industry Median: 88.57 vs TSE:3036: 118.88

Alconix's Days Inventory declined from Dec. 2022 (113.45) to Dec. 2023 (108.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alconix's Inventory Turnover for the three months ended in Dec. 2023 was 0.84.

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. Alconix's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.04.

Alconix Days Inventory Historical Data

The historical data trend for Alconix'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.

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Alconix Days Inventory Chart

Alconix Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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47.65

48.66

97.78

110.82

118.43

Alconix 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															119.07	124.83	127.78	108.10	116.99

Competitive Comparison of Alconix's Days Inventory

For the Other Industrial Metals & Mining subindustry, Alconix'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.

Alconix's Days Inventory Distribution in the Metals & Mining Industry

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

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

Alconix Days Inventory Calculation

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

Alconix's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (49402	+	49222)	/	2 )	/	151980	*	365
=	49312					/	151980	*	365
=	118.43

Alconix'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
=	( (49264	+	48815)	/	2 )	/	41396	*	365 / 4
=	49039.5					/	41396	*	365 / 4
=	108.10

Alconix (TSE:3036) 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.

Alconix's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41396	/	49039.5
	=	0.84

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.

Alconix's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	49039.5	/	47089
	=	1.04

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.

Alconix Days Inventory Related Terms

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

Alconix (TSE:3036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alconix Corp (TSE:3036) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

Y08:Germany

Address

2-11-1 Nagatacho, Chiyoda-ku, Sanno Park Tower,12th Floor, Chiyoda-ku, Tokyo, JPN, 100-6112

Website

http://www.alconix.com

Alconix Corp is a Japan based company engaged in providing industrial metals and minerals. Its portfolio comprises of Aluminum, Copper, Nickel, Titanium, Tungsten, Molybdenum and other rare metal and Rare earth related products. The company also imports and exports non-ferrous metal products. It has a business presence in Japan and other countries.

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