Great Plains Energy (Great Plains Energy) Inventory Turnover : 1.30 (As of Mar. 2018)

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What is Great Plains 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. Great Plains Energy's Cost of Goods Sold for the three months ended in Mar. 2018 was $359.90 Mil. Great Plains Energy's Average Total Inventories for the quarter that ended in Mar. 2018 was $275.85 Mil. Great Plains Energy's Inventory Turnover for the quarter that ended in Mar. 2018 was 1.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Great Plains Energy's Days Inventory for the three months ended in Mar. 2018 was 69.94.

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. Great Plains Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.47.

Great Plains Energy Inventory Turnover Historical Data

The historical data trend for Great Plains 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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Great Plains Energy Inventory Turnover Chart

Great Plains Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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5.85

6.44

5.50

5.26

5.39

Great Plains Energy Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Inventory Turnover	Get a 7-Day Free Trial															1.19	1.38	1.53	1.38	1.30

Great Plains Energy Inventory Turnover Calculation

Great Plains Energy's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	1468.5	/ (	(271	+	274.4)	/	2 )
=	1468.5	/	272.7
=	5.39

Great Plains Energy's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

	Inventory Turnover (Q: Mar. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )
=	359.9	/ (	(274.4	+	277.3)	/	2 )
=	359.9	/	275.85
=	1.30

Great Plains Energy (NYSE:GXPPRACL.PFD) 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.

Great Plains Energy's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2018 )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
	=	275.85	/	359.9	*	365 / 4
	=	69.94

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.

Great Plains Energy's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2018 )	/	Revenue (Q: Mar. 2018 )
	=	275.85	/	583.9
	=	0.47

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.

Great Plains Energy Inventory Turnover Related Terms

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Great Plains Energy (Great Plains Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Great Plains Energy Inc (NYSE:GXPPRACL.PFD) » Definitions » Inventory Turnover

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Address

Website

http://www.greatplainsenergy.com

Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

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