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.

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AltaGas Change In Inventory Chart

AltaGas Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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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															-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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1645.96	/	503.004
	=	3.27

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	503.004	/	2287.499
	=	0.22

AltaGas Change In Inventory Related Terms

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AltaGas Business Description

Industry

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ALA.PR.G.PFD:Canada ALA.PR.B.PFD:Canada ALA.PR.A.PFD:Canada ALA:Canada

Address

707 - 5th Street S.W, Suite 1300, Calgary, AB, CAN, T2P 0Y3

Website

https://www.altagas.ca

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.