Southern Co (STU:SOT) Change In Inventory : €-425 Mil (TTM As of Mar. 2024)

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What is Southern Co Change In Inventory?

Southern Co's change in inventory for the quarter that ended in Mar. 2024 was €101 Mil. It means Southern Co's inventory declined by €101 Mil from Dec. 2023 to Mar. 2024 .

Southern Co's change in inventory for the fiscal year that ended in Dec. 2023 was €-555 Mil. It means Southern Co's inventory increased by €555 Mil from Dec. 2022 to Dec. 2023 .

Southern Co's Total Inventories for the quarter that ended in Mar. 2024 was €3,007 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Co's Days Inventory for the quarter that ended in Mar. 2024 was 88.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

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. Southern Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Southern Co Change In Inventory Historical Data

The historical data trend for Southern Co'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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Southern Co Change In Inventory Chart

Southern Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-15.30

-129.05

-262.85

-119.89

-554.79

Southern Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-31.76	-109.84	-92.76	-323.70	101.20

Southern Co Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-425 Mil.

Southern Co (STU:SOT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3040.172	/	3129.84	*	365 / 4
	=	88.64

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

Southern Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3129.84	/	3040.172
	=	1.03

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.

Southern Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3040.172	/	6114.32
	=	0.50

Southern Co Change In Inventory Related Terms

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Southern Co (STU:SOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southern Co (STU:SOT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SO:USA 1SO:Italy SOT:Germany T1SO34:Brazil

Address

30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308

Website

https://www.southerncompany.com

Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.

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