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AQN (Algonquin Power & Utilities) Inventory-to-Revenue : 0.39 (As of Dec. 2024)


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What is Algonquin Power & Utilities Inventory-to-Revenue?

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. Algonquin Power & Utilities's Average Total Inventories for the quarter that ended in Dec. 2024 was $226 Mil. Algonquin Power & Utilities's Revenue for the three months ended in Dec. 2024 was $585 Mil. Algonquin Power & Utilities's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.39.

Algonquin Power & Utilities's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (0.40) to Sep. 2024 (0.39)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Algonquin Power & Utilities's Days Inventory for the three months ended in Dec. 2024 was 123.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Algonquin Power & Utilities's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.74.


Algonquin Power & Utilities Inventory-to-Revenue Historical Data

The historical data trend for Algonquin Power & Utilities's Inventory-to-Revenue 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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Algonquin Power & Utilities Inventory-to-Revenue Chart

Algonquin Power & Utilities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.07 0.09 0.10

Algonquin Power & Utilities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory-to-Revenue 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 0.40 0.31 0.39 0.40 0.39

Competitive Comparison of Algonquin Power & Utilities's Inventory-to-Revenue

For the Utilities - Diversified subindustry, Algonquin Power & Utilities's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Algonquin Power & Utilities's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Algonquin Power & Utilities's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Inventory-to-Revenue falls into.


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Algonquin Power & Utilities Inventory-to-Revenue Calculation

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.

Algonquin Power & Utilities's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (222.406 + 223.6) / 2 ) / 2319.538
=223.003 / 2319.538
=0.10

Algonquin Power & Utilities's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (227.546 + 223.6) / 2 ) / 584.828
=225.573 / 584.828
=0.39

* 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.


Algonquin Power & Utilities  (NYSE:AQN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Algonquin Power & Utilities's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=225.573/166.395*365 / 4
=123.70

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

Algonquin Power & Utilities's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=166.395 / 225.573
=0.74

* 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.


Algonquin Power & Utilities Inventory-to-Revenue Related Terms

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Algonquin Power & Utilities Business Description

Address
354 Davis Road, Suite 100, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units consisting of the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.