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 Average Total Inventories for the quarter that ended in Dec. 2023 was $3,250 Mil. Southern Co's Revenue for the
three
months ended in Dec. 2023 was $6,045 Mil.
Southern Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.
Southern Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.44) to Sep. 2023 (0.54)
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.
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
three
months ended in Dec. 2023 was 83.37.
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 Dec. 2023 was 1.09.
Southern Co Inventory-to-Revenue Historical Data
The historical data trend for Southern Co'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.
Competitive Comparison of Southern Co's Inventory-to-Revenue
For the Utilities - Regulated Electric subindustry, Southern Co'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.
Southern Co's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southern Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Southern Co's Inventory-to-Revenue falls into.
Southern Co Inventory-to-Revenue Calculation
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 fiscal year that ended in Dec. 2023 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.
Southern Co (NYSE:SO) 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:
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.
More Related Terms:
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
three
months ended in Dec. 2023 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.
Southern Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Southern Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
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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