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Capital Power (TSX:CPX.PR.K.PFD) Days Inventory : 53.38 (As of Dec. 2023)


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What is Capital Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Capital Power's Average Total Inventories for the three months ended in Dec. 2023 was C$327.00 Mil. Capital Power's Cost of Goods Sold for the three months ended in Dec. 2023 was C$559.00 Mil. Hence, Capital Power's Days Inventory for the three months ended in Dec. 2023 was 53.38.

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

TSX:CPX.PR.K.PFD' s Days Inventory Range Over the Past 10 Years
Min: 46.43   Med: 106.93   Max: 175.95
Current: 51.57

During the past 13 years, Capital Power's highest Days Inventory was 175.95. The lowest was 46.43. And the median was 106.93.

TSX:CPX.PR.K.PFD's Days Inventory is ranked worse than
64.09% of 323 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.07 vs TSX:CPX.PR.K.PFD: 51.57

Capital Power's Days Inventory increased from Dec. 2022 (26.65) to Dec. 2023 (53.38). It might indicate that Capital Power's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Capital Power's Inventory Turnover for the three months ended in Dec. 2023 was 1.71.

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. Capital Power's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.38.


Capital Power Days Inventory Historical Data

The historical data trend for Capital 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.

Capital Power Days Inventory Chart

Capital Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.95 132.19 119.57 53.08 46.43

Capital Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.65 42.45 58.56 59.07 53.38

Competitive Comparison of Capital Power's Days Inventory

For the Utilities - Independent Power Producers subindustry, Capital 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.


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

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

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



Capital Power Days Inventory Calculation

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

Capital Power's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (242 + 309) / 2 ) / 2166*365
=275.5 / 2166*365
=46.43

Capital Power's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (345 + 309) / 2 ) / 559*365 / 4
=327 / 559*365 / 4
=53.38

* 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.


Capital Power  (TSX:CPX.PR.K.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.

Capital Power's Inventory Turnover for the three months ended in Dec. 2023 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.

Capital Power's Inventory to Revenue 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.


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.


Capital Power Days Inventory Related Terms

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


Capital Power (TSX:CPX.PR.K.PFD) Business Description

Address
10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (TSX:CPX.PR.K.PFD) Headlines

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