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CNAUF.PFD (Canadian Utilities) Days Inventory : 20.47 (As of Sep. 2024)


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What is Canadian Utilities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Canadian Utilities's Average Total Inventories for the three months ended in Sep. 2024 was $38.91 Mil. Canadian Utilities's Cost of Goods Sold for the three months ended in Sep. 2024 was $173.48 Mil. Hence, Canadian Utilities's Days Inventory for the three months ended in Sep. 2024 was 20.47.

The historical rank and industry rank for Canadian Utilities's Days Inventory or its related term are showing as below:

CNAUF.PFD' s Days Inventory Range Over the Past 10 Years
Min: 6.25   Med: 10.14   Max: 22.92
Current: 18.75

During the past 13 years, Canadian Utilities's highest Days Inventory was 22.92. The lowest was 6.25. And the median was 10.14.

CNAUF.PFD's Days Inventory is ranked better than
58.24% of 455 companies
in the Utilities - Regulated industry
Industry Median: 23.52 vs CNAUF.PFD: 18.75

Canadian Utilities's Days Inventory increased from Sep. 2023 (19.40) to Sep. 2024 (20.47). It might indicate that Canadian Utilities's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Utilities's Inventory Turnover for the three months ended in Sep. 2024 was 4.46.

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. Canadian Utilities's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.07.


Canadian Utilities Days Inventory Historical Data

The historical data trend for Canadian Utilities's Days 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.

Canadian Utilities Days Inventory Chart

Canadian Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.89 10.86 7.81 6.43 13.07

Canadian Utilities Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days 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 19.40 18.47 17.53 19.88 20.47

Competitive Comparison of Canadian Utilities's Days Inventory

For the Utilities - Diversified subindustry, Canadian Utilities's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Utilities's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Days Inventory distribution charts can be found below:

* The bar in red indicates where Canadian Utilities's Days Inventory falls into.



Canadian Utilities Days Inventory Calculation

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

Canadian Utilities's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (17.667 + 47.704) / 2 ) / 913.088*365
=32.6855 / 913.088*365
=13.07

Canadian Utilities's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (37.213 + 40.602) / 2 ) / 173.482*365 / 4
=38.9075 / 173.482*365 / 4
=20.47

* 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.


Canadian Utilities  (OTCPK:CNAUF.PFD) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Canadian Utilities's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

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.

Canadian Utilities's Inventory to Revenue for the three months ended in Sep. 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Canadian Utilities Days Inventory Related Terms

Thank you for viewing the detailed overview of Canadian Utilities's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Utilities Business Description

Address
5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in Atco Energy systems and its Energy Infrastructure operating segment to ATCO EnPower. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.