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ALINPE.PFD (Altera Infrastructure LP) Total Inventories : $42.47 Mil (As of Jun. 2022)


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What is Altera Infrastructure LP Total Inventories?

Altera Infrastructure LP's total inventories for the quarter that ended in Jun. 2022 was $42.47 Mil. Altera Infrastructure LP's average total inventories from the quarter that ended in Mar. 2022 to the quarter that ended in Jun. 2022 was $37.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Altera Infrastructure LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altera Infrastructure LP's Days Inventory for the three months ended in Jun. 2022 was 14.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altera Infrastructure LP's Inventory Turnover for the quarter that ended in Jun. 2022 was 6.50.

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. Altera Infrastructure LP's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.13.


Altera Infrastructure LP Total Inventories Historical Data

The historical data trend for Altera Infrastructure LP's Total Inventories 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.

Altera Infrastructure LP Total Inventories Chart

Altera Infrastructure LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 20.25 18.58 16.31 26.60

Altera Infrastructure LP Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Total Inventories 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 20.97 20.08 26.60 31.78 42.47

Altera Infrastructure LP Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Altera Infrastructure LP  (NYSE:ALINpE.PFD) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Altera Infrastructure LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 is

Net-Net Working Capital Per Share (Q: Jun. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(195.081+0.75 * 127.305+0.5 * 42.472-3714.074
-0-19.741)/0
=N/A

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

Altera Infrastructure LP's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2022 )/Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=37.1235/241.232*365 / 4
=14.04

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

Altera Infrastructure LP's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2022 ) / Average Total Inventories (Q: Jun. 2022 )
=241.232 / 37.1235
=6.50

4. 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.

Altera Infrastructure LP's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=37.1235 / 296.234
=0.13

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Altera Infrastructure LP Total Inventories Related Terms

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Altera Infrastructure LP Business Description

Traded in Other Exchanges
N/A
Address
Altera House, Unit 3, Prospect Park, Arnhall Business Park, Westhill, Aberdeenshire, GBR, AB32 6FJ
Altera Infrastructure LP is a global energy infrastructure services provider focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil, and the East Coast of Canada. The company's assets comprise offshore assets, including floating production, storage, and offloading (FPSO) units, shuttle tankers (including five new builds), floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels, and a unit for maintenance and safety (UMS).