ICP (IC Power) Change In Inventory: $-31.08 Mil (TTM As of Sep. 2016)

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What is IC Power Change In Inventory?

IC Power ICP Change In Inventory is $-31.08 Mil as of Sep. 2016.

IC Power's change in inventory for the quarter that ended in Sep. 2016 was $-0.64 Mil. It means IC Power's inventory increased by $0.64 Mil from Jun. 2016 to Sep. 2016 .

IC Power's change in inventory for the fiscal year that ended in Dec. 2015 was $4.36 Mil. It means IC Power's inventory declined by $4.36 Mil from Dec. 2014 to Dec. 2015 .

IC Power's Total Inventories for the quarter that ended in Sep. 2016 was $86.93 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IC Power's Days Inventory for the quarter that ended in Sep. 2016 was 19.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. IC Power's Inventory Turnover for the quarter that ended in Sep. 2016 was 4.61.

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. IC Power's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.17.

IC Power  (NYSE:ICP) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=86.6055/399.313*365 / 4
=19.79

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

IC Power's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=399.313 / 86.6055
=4.61

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.

IC Power's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=86.6055 / 502.08
=0.17

* 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.

IC Power Change In Inventory Related Terms

IC Power Change In Inventory Historical Data

* Premium members only.

The historical data trend for IC Power'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.

IC Power Change In Inventory Chart

IC Power Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Change In Inventory
-5.79 -2.08 12.42 4.36

IC Power Quarterly Data
Dec12 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.63 4.18 -2.51 -32.12 -0.64

IC Power 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.08 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-31.08 Mil mean?
IC Power (ICP) has a Change In Inventory of $-31.08 Mil as of Sep. 2016. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for IC Power and its competitors.
Is IC Power's Change In Inventory too high?
IC Power's current Change In Inventory is $-31.08 Mil.
How does IC Power's Change In Inventory compare to CETY and QPWR?
IC Power's Change In Inventory of $-31.08 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Utilities - Independent Power Producers company?
A good Change In Inventory depends on the Utilities - Independent Power Producers industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for IC Power and its competitors. IC Power's current Change In Inventory is $-31.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Power stock overvalued right now?
IC Power (ICP) has a current Change In Inventory of $-31.08 Mil. The current Change In Inventory is $-31.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For IC Power (ICP), the current Change In Inventory is $-31.08 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IC Power Business Description

IC Power Pte Ltd is a holding company incorporated under the laws of Singapore in May 2015. The Company through its subsidiaries owns, develops and operates power facilities located in power generation markets in Latin America, the Caribbean and Israel, utilizing a range of fuels, including natural gas, hydroelectric, HFO, diesel and wind. The Company has installed capacity of approximately 2,642 MW. The Company operates in geographical areas including Peru; Israel; Central America including Nicaragua, Guatemala, El Salvador & Panama; and other including Bolivia, Chile, Jamaica, Colombia & Dominican Republic. The Company owns, operates and develops power plants to generate and sell electricity to distribution companies and unregulated consumers under long-term PPAs and to the spot market. The Company Peru segment includes Kallpa I, Kallpa II, Kallpa III, Kallpa IV and Las Flores turbines. The Israel segment includes OPC plant. The Central America segment includes Corinto, Tipitapa Power, Amayo I, and Amayo II in Nicaragua; Puerto Quetzal plant in Guatemala; Nejapa plant in El Salvador, and Kanan plant in Panama. The Other segment includes Zongo Valley plants including Zongo, Tiquimani, Botijlaca, Cutichucho, Santa Rosa, Sainani, Chururaqui, Harca, Cahua, & Huaji; and Miguillas Valley plants including Miguillas, Angostura, Choquetanga, Carabuco, and El Alto-Kenko all in Bolivia; Central Cardones plant in Chile; Colmito plant in Colmito; CEPP I & CEPP II in Dominican Republic; JPPC plant in Jamaica; La Hocha, Purificación, and Entrerios plants in Colombia; Pedregal in Panama. The Company offers services to governments, local distribution companies, and/or non-regulated consumers, depending upon the operating company and the particular country of operation. Its customers include Edelnor S.A.A., Luz del Sur S.A.A., Hidrandina S.A., Edecañete S.A., Electro Sur Este S.A.A., Sociedad Eléctrica del Sur Oeste, S.A., Distribuidora de Electricidad del Norte S.A., Distribuidora de Electricidad del Sur S.A., Southern Perú Copper Corporation, Empresa de Distribución Eléctrica Chiriqui, S.A., Peruvian Investment Promotion Agency, Empresa de Distribución Eléctrica Metro Oeste S.A., and others. The Company's competitors include IEC, Dorad Energy Ltd., and other IPPs. The Company's business is subject to significant and diverse government regulation.