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Alabama Power Co (Alabama Power Co) Days Inventory : 61.02 (As of Jun. 2022)


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What is Alabama Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alabama Power Co's Average Total Inventories for the three months ended in Jun. 2022 was $707.50 Mil. Alabama Power Co's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,058.00 Mil. Hence, Alabama Power Co's Days Inventory for the three months ended in Jun. 2022 was 61.02.

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

ALBMP.PFD's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 23.41
* Ranked among companies with meaningful Days Inventory only.

Alabama Power Co's Days Inventory declined from Jun. 2021 (90.35) to Jun. 2022 (61.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alabama Power Co's Inventory Turnover for the three months ended in Jun. 2022 was 1.50.

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. Alabama Power Co's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.37.


Alabama Power Co Days Inventory Historical Data

The historical data trend for Alabama Power Co'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.

Alabama Power Co Days Inventory Chart

Alabama Power Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.84 71.29 77.19 94.45 81.35

Alabama Power Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 90.35 74.63 67.64 76.11 61.02

Competitive Comparison of Alabama Power Co's Days Inventory

For the Utilities - Regulated Electric subindustry, Alabama Power Co'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.


Alabama Power Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alabama Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alabama Power Co's Days Inventory falls into.



Alabama Power Co Days Inventory Calculation

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

Alabama Power Co's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (781 + 707) / 2 ) / 3338*365
=744 / 3338*365
=81.35

Alabama Power Co's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (686 + 729) / 2 ) / 1058*365 / 4
=707.5 / 1058*365 / 4
=61.02

* 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.


Alabama Power Co  (OTCPK:ALBMP.PFD) 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.

Alabama Power Co's Inventory Turnover for the three months ended in Jun. 2022 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.

Alabama Power Co's Inventory to Revenue for the three months ended in Jun. 2022 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.


Alabama Power Co Days Inventory Related Terms

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


Alabama Power Co (Alabama Power Co) Business Description

Traded in Other Exchanges
N/A
Address
600 North 18th Street, Birmingham, AL, USA, 35291
Alabama Power Co operates in the utility sector. The company supplies electricity and stellar service to homes, businesses and industries in the southern two-thirds of Alabama.

Alabama Power Co (Alabama Power Co) Headlines

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