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Northland Power (TSX:NPI.PR.B.PFD) Days Inventory : 0.00 (As of Sep. 2024)


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What is Northland Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northland Power's Average Total Inventories for the three months ended in Sep. 2024 was C$0.00 Mil. Northland Power's Cost of Goods Sold for the three months ended in Sep. 2024 was C$46.01 Mil. Hence, Northland Power's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

During the past 13 years, Northland Power's highest Days Inventory was 75.47. The lowest was 17.91. And the median was 47.92.

TSX:NPI.PR.B.PFD's Days Inventory is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 33.95
* Ranked among companies with meaningful Days Inventory only.

Northland Power's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

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

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. Northland Power's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Northland Power Days Inventory Historical Data

The historical data trend for Northland Power'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.

Northland Power Days Inventory Chart

Northland Power 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 61.99 41.18 51.93 54.25 75.47

Northland Power 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 - - - - -

Competitive Comparison of Northland Power's Days Inventory

For the Utilities - Renewable subindustry, Northland Power'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.


Northland Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where Northland Power's Days Inventory falls into.



Northland Power Days Inventory Calculation

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

Northland Power'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
=( (43.783 + 0) / 1 ) / 211.738*365
=43.783 / 211.738*365
=75.47

Northland Power'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
=( (0 + 0) / 1 ) / 46.014*365 / 4
=0 / 46.014*365 / 4
=0.00

* 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.


Northland Power  (TSX:NPI.PR.B.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.

Northland Power'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.

Northland Power'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.


Northland Power Days Inventory Related Terms

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


Northland Power Business Description

Address
30 Street Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.

Northland Power Headlines

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