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ATGFF (AltaGas) Change In Inventory : $123 Mil (TTM As of Dec. 2024)


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What is AltaGas Change In Inventory?

AltaGas's change in inventory for the quarter that ended in Dec. 2024 was $-2 Mil. It means AltaGas's inventory increased by $2 Mil from Sep. 2024 to Dec. 2024 .

AltaGas's change in inventory for the fiscal year that ended in Dec. 2024 was $116 Mil. It means AltaGas's inventory declined by $116 Mil from Dec. 2023 to Dec. 2024 .

AltaGas's Total Inventories for the quarter that ended in Dec. 2024 was $474 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AltaGas's Days Inventory for the quarter that ended in Dec. 2024 was 27.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. AltaGas's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.27.

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. AltaGas's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.22.


AltaGas Change In Inventory Historical Data

The historical data trend for AltaGas's Change In 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.

AltaGas Change In Inventory Chart

AltaGas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.98 -181.25 -238.50 180.38 115.81

AltaGas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In 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 -2.24 224.59 -109.45 10.34 -2.11

AltaGas Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $123 Mil.

* 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.


AltaGas  (OTCPK:ATGFF) Change In Inventory Explanation

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

AltaGas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=503.004/1645.96*365 / 4
=27.89

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

AltaGas's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

3. 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.

AltaGas's Inventory to Revenue for the quarter that ended in Dec. 2024 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.


AltaGas Change In Inventory Related Terms

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AltaGas Business Description

Address
707 - 5th Street S.W, Suite 1300, Calgary, AB, CAN, T2P 0Y3
AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through given segments: Midstream, Utilities, and Corporate/other. Midstream business consists of export facilities and locates processing, fractionation, and logistics infrastructure, as well as hydrocarbon storage in North America that connects North American producers from wellhead to offshore export and domestic markets. The utility business is offered through its regulated natural gas utilities - Washington Gas and SEMCO. The business generates revenue from customers in both Canada and the United States, with the majority coming from Canadian customers.

AltaGas Headlines

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