AGL Energy (AGL Energy) Inventory Turnover : 12.39 (As of Dec. 2023)

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What is AGL Energy Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. AGL Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,936 Mil. AGL Energy's Average Total Inventories for the quarter that ended in Dec. 2023 was $237 Mil. AGL Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AGL Energy's Days Inventory for the six months ended in Dec. 2023 was 14.73.

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. AGL Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

AGL Energy Inventory Turnover Historical Data

The historical data trend for AGL Energy's Inventory Turnover 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.

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AGL Energy Inventory Turnover Chart

AGL Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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23.98

22.26

20.66

26.05

31.52

AGL Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															10.54	16.83	17.78	13.79	12.39

AGL Energy Inventory Turnover Calculation

AGL Energy's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	7747.651	/ (	(259.311	+	232.215)	/	2 )
=	7747.651	/	245.763
=	31.52

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2935.743	/ (	(232.215	+	241.633)	/	2 )
=	2935.743	/	236.924
=	12.39

AGL Energy (OTCPK:AGLXY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

AGL Energy's Days Inventory for the six 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
	=	236.924	/	2935.743	*	365 / 2
	=	14.73

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.

AGL Energy'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 )
	=	236.924	/	4019.411
	=	0.06

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

AGL Energy Inventory Turnover Related Terms

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AGL Energy (AGL Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AGL Energy Ltd (OTCPK:AGLXY) » Definitions » Inventory Turnover

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AGLNF:USA N9Z1:Germany AGL:Australia

Address

200 George Street, Level 24, Sydney, NSW, AUS, 2000

Website

https://www.agl.com.au

AGL Energy is one of Australia's largest retailers of electricity and gas. It services over 4 million retail electricity and gas accounts in Australian, or about one third of the market. Profit is dominated by energy generation, underpinned by its low-cost coal-fired generation fleet. Founded in 1837, it is the oldest company on the ASX. Generation capacity comprises a portfolio of renewable, peaking, intermediate, and base-load electricity generation plants.

AGL Energy (AGL Energy) Headlines

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