AES Andes (XSGO:AESANDES) Total Inventories

: CLP165,208 Mil (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

AES Andes's total inventories for the quarter that ended in Dec. 2023 was CLP165,208 Mil. AES Andes's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was CLP186,181 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AES Andes's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was CLP-330.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AES Andes's Days Inventory for the three months ended in Dec. 2023 was 40.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. AES Andes's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.25.

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. AES Andes's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

AES Andes Total Inventories Historical Data

The historical data trend for AES Andes's Total Inventories 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.

AES Andes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

107,803.85

100,799.86

199,298.13

459,546.53

165,207.53

AES Andes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																459,546.53	318,657.17	226,676.03	207,153.99	165,207.53

AES Andes Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

AES Andes (XSGO:AESANDES) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

AES Andes's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(199577.318	+	0.75 * 483152.502	+	0.5 * 165207.531	-	3380052.744
-	0	-	697478.309)	/	10376.6
=	-330.84

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

AES Andes's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	186180.7595	/	418367.392	*	365 / 4
	=	40.61

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

AES Andes's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	418367.392	/	186180.7595
	=	2.25

4. 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.

AES Andes's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	186180.7595	/	533492.909
	=	0.35

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

AES Andes Total Inventories Related Terms

Thank you for viewing the detailed overview of AES Andes's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

AES Andes (XSGO:AESANDES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Andes SA (XSGO:AESANDES) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Avenida Rosario Norte 532, Floors 18-20, Los Condes, Santiago, CHL

Website

https://www.aesandes.com

AES Andes SA is an electric utility company involved in the generation and supply of electricity in South America. It owns and operates a portfolio of hydroelectric, coal-fired, diesel-fueled, cogeneration, and natural gas power generation facilities. Most of the energy produced by the company comes from its sites utilizing thermal fuel sources. The company primarily generates revenue from contracted energy and capacity sales. Sales made on the spot market also represent a substantial revenue stream. The company's primary customers are the multiple interconnected energy markets in Chile and Colombia, such as the Central Interconnected System (SIC) and the Great North Interconnected System (SING).

AES Andes (XSGO:AESANDES) Headlines

No Headlines