ICP (IC Power) Total Inventories: $86.93 Mil (As of Sep. 2016)


What is IC Power Total Inventories?

IC Power ICP Total Inventories is $86.93 Mil as of Sep. 2016.

IC Power's total inventories for the quarter that ended in Sep. 2016 was $86.93 Mil. IC Power's average total inventories from the quarter that ended in Jun. 2016 to the quarter that ended in Sep. 2016 was $86.61 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IC Power's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-46.68.

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 three months 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) 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.

IC Power's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 is

Net-Net Working Capital Per Share (Q: Sep. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(379.727+0.75 * 253.919+0.5 * 86.925-4133.685
-0-213.951)/80.000
=-46.68

2. 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 three months ended in Sep. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2016 )/Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=86.6055/399.313*365 / 4
=19.79

3. 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 (Q: Sep. 2016 ) / Average Total Inventories (Q: Sep. 2016 )
=399.313 / 86.6055
=4.61

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2016 ) / Revenue (Q: Sep. 2016 )
=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.

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.

IC Power Total Inventories Related Terms

IC Power Total Inventories Historical Data

* Premium members only.

The historical data trend for IC Power'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.

IC Power Total Inventories Chart

IC Power Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Total Inventories
0.00 28.57 55.34 50.35

IC Power Quarterly Data
Dec12 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 50.35 54.23 86.29 86.93

IC Power 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $86.93 Mil mean?
IC Power (ICP) has a Total Inventories of $86.93 Mil as of Sep. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for IC Power and its competitors.
Is IC Power's Total Inventories too high?
IC Power's current Total Inventories is $86.93 Mil.
How does IC Power's Total Inventories compare to CETY and QPWR?
IC Power's Total Inventories of $86.93 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 Total Inventories for an Utilities - Independent Power Producers company?
A good Total Inventories depends on the Utilities - Independent Power Producers industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for IC Power and its competitors. IC Power's current Total Inventories is $86.93 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 Total Inventories of $86.93 Mil. The current Total Inventories is $86.93 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For IC Power (ICP), the current Total Inventories is $86.93 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.