Atlantic Power (Atlantic Power) Days Inventory : 38.53 (As of Mar. 2021)

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What is Atlantic Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlantic Power's Average Total Inventories for the three months ended in Mar. 2021 was $17.7 Mil. Atlantic Power's Cost of Goods Sold for the three months ended in Mar. 2021 was $41.8 Mil. Hence, Atlantic Power's Days Inventory for the three months ended in Mar. 2021 was 38.53.

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

AT's Days Inventory is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 30.295
* Ranked among companies with meaningful Days Inventory only.

Atlantic Power's Days Inventory declined from Mar. 2020 (38.95) to Mar. 2021 (38.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlantic Power's Inventory Turnover for the three months ended in Mar. 2021 was 2.37.

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. Atlantic Power's Inventory-to-Revenue for the three months ended in Mar. 2021 was 0.25.

Atlantic Power Days Inventory Historical Data

The historical data trend for Atlantic Power'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.

Atlantic Power Days Inventory Chart

Atlantic Power Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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23.57

31.69

38.67

42.05

41.98

Atlantic Power Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Inventory	Get a 7-Day Free Trial															38.95	42.11	43.86	38.24	38.53

Competitive Comparison of Atlantic Power's Days Inventory

For the Utilities - Independent Power Producers subindustry, Atlantic Power'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.

Atlantic Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Atlantic Power's Days Inventory distribution charts can be found below:

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

Atlantic Power Days Inventory Calculation

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

Atlantic Power's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (18.6	+	18.3)	/	2 )	/	160.4	*	365
=	18.45					/	160.4	*	365
=	41.98

Atlantic Power's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

	Days Inventory (Q: Mar. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (18.3	+	17)	/	2 )	/	41.8	*	365 / 4
=	17.65					/	41.8	*	365 / 4
=	38.53

Atlantic Power (NYSE:AT) 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.

Atlantic Power's Inventory Turnover for the three months ended in Mar. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.8	/	17.65
	=	2.37

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.

Atlantic Power's Inventory to Revenue for the three months ended in Mar. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.65	/	72
	=	0.25

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.

Atlantic Power Days Inventory Related Terms

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

Atlantic Power (Atlantic Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Atlantic Power Corp (NYSE:AT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Allied Drive, Suite 155, Dedham, MA, USA, 02026

Website

https://www.atlanticpower.com

Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.

Executives

Kevin Howell	director	2220 MONUMENT AVENUE, RICHMOND VA 23220
R Foster Duncan	director	139 E FOURTH ST, CINCINNATI OH 45202
Gilbert Samuel Palter	director	37 MISTY CRESCENT TORONTO A6 MSB IT2
Danielle S Mottor	director	870 WASHINGTON STREET HOLLISTON MA 01746
Terrence Ronan	officer: Chief Financial Officer	ONE FEDERAL STREET 30TH FLOOR BOSTON MA 02110
Joseph Cofelice	officer: EVP Commercial Development
Moore James J Jr	director, officer: Chief Executive Officer
Jeffrey S Levy	officer: SVP, General Counsel	769 WEBSTER STREET NEEDHAM MA 02492
Irving Russell Gerstein	director	200 CLARENDON STREET BOSTON MA 02116
Philip Daniel Rorabaugh	officer: SVP, Asset Management	27 ASPEN AVE AUBURNDALE MA 02466
Holli C. Ladhani	director	2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Teresa Ressel	director	ON SEMICONDUCTOR C/O V. PECORA (MD A700), 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
John Alexander Mcneil	director	200 CLARENDON STREET BOSTON MA 02116
Kenneth Michael Hartwick	director	200 CLARENDON STREET, BOSTON MA 02116
Paul Howard Rapisarda	officer: EVP Commercial	151 SE 15TH ROAD, APT 1802, MIAMI FL 33129