ITC Holdings (ITC Holdings) Inventory-to-Revenue : 0.09 (As of Jun. 2016)

View and export this data going back to 2005. Start your Free Trial

What is ITC Holdings Inventory-to-Revenue?

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. ITC Holdings's Average Total Inventories for the quarter that ended in Jun. 2016 was $28 Mil. ITC Holdings's Revenue for the three months ended in Jun. 2016 was $298 Mil. ITC Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.09.

ITC Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2016 declined from Mar. 2016 (0.10) to Mar. 2016 (0.09)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. ITC Holdings's Inventory Turnover for the quarter that ended in Jun. 2016 was 0.00.

ITC Holdings Inventory-to-Revenue Historical Data

The historical data trend for ITC Holdings's Inventory-to-Revenue 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.

ITC Holdings Inventory-to-Revenue Chart

ITC Holdings Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Inventory-to-Revenue

Get a 7-Day Free Trial

0.05

0.04

0.03

ITC Holdings Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Inventory-to-Revenue	Get a 7-Day Free Trial															0.11	0.11	0.12	0.10	0.09

Competitive Comparison of ITC Holdings's Inventory-to-Revenue

For the Utilities - Regulated Electric subindustry, ITC Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

ITC Holdings's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ITC Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ITC Holdings's Inventory-to-Revenue falls into.

ITC Holdings Inventory-to-Revenue Calculation

ITC Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2015 is calculated as

	Inventory-to-Revenue (A: Dec. 2015 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Revenue (A: Dec. 2015 )
=	( (30.892	+	25.777)	/	2 )	/	1044.768
=	28.3345					/	1044.768
=	0.03

ITC Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2016 is calculated as

	Inventory-to-Revenue (Q: Jun. 2016 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Revenue (Q: Jun. 2016 )
=	( (27.577	+	27.852)	/	2 )	/	298.044
=	27.7145					/	298.044
=	0.09

ITC Holdings (NYSE:ITC) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

ITC Holdings's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2016 )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
	=	27.7145	/	0	*	365 / 4
	=

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

ITC Holdings's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2016 )	/	Average Total Inventories (Q: Jun. 2016 )
	=	0	/	27.7145
	=	0.00

ITC Holdings Inventory-to-Revenue Related Terms

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

ITC Holdings (ITC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ITC Holdings Corp (NYSE:ITC) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.itc-holdings.com

ITC Holdings Corp was incorporated in 2002 in the State of Michigan for the purpose of acquiring ITC Transmission. The Company, along with its subsidiaries, is engaged in transmission of electricity in the United States. Through its operating subsidiaries, ITCTransmission, METC, ITC Midwest and ITC Great Plains, it operates high-voltage systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma that transmit electricity from generating stations to local distribution facilities connected to its systems. The Company operates, maintains and invests in transmission infrastructure in order to enhance system integrity and reliability, reduces transmission constraints and allows new generating resources to interconnect to its transmission systems. Its Regulated Operating Subsidiaries are independent electric transmission utilities, with rates regulated by the FERC and established on a cost-of-service model. The Company's Regulated Operating Subsidiaries earns revenues through tariff rates charged for the use of their electric transmission systems by its customers, which include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. The Company's operations are subject to federal, state and local environmental laws and regulations, which impose limitations on the discharge of pollutants into the environment, establish standards for the management, treatment, storage, transportation and disposal of hazardous materials and of solid and hazardous wastes, and impose obligations to investigate and remediate contamination in certain circumstances.

Executives

Edward G Jepsen	director	C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492
Rejji P Hayes	officer: EVP & CFO	ONE ENERGY PLAZA, JACKSON MI 49201
Thomas G Stephens	director	777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925
Dave R Lopez	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Lee C Stewart	director	PO BOX 816, SHARON CT 06069
Chris Franklin	director	762 W.LANCASTER AVE, BRYN MAWR PA 19010
Cameron M Bready	officer: EVP & Chief Financial Officer	3550 LENOX RD, ATLANTA GA 30326
Watts J C Jr	director