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Wisconsin Electric Power Co (Wisconsin Electric Power Co) Total Inventories : $288.20 Mil (As of Mar. 2024)


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What is Wisconsin Electric Power Co Total Inventories?

Wisconsin Electric Power Co's total inventories for the quarter that ended in Mar. 2024 was $288.20 Mil. Wisconsin Electric Power Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $299.40 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wisconsin Electric Power Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wisconsin Electric Power Co's Days Inventory for the three months ended in Mar. 2024 was 46.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wisconsin Electric Power Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.98.

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. Wisconsin Electric Power Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.


Wisconsin Electric Power Co Total Inventories Historical Data

The historical data trend for Wisconsin Electric Power Co'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.

Wisconsin Electric Power Co Total Inventories Chart

Wisconsin Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.80 219.50 246.40 292.90 310.60

Wisconsin Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 238.80 255.50 275.10 310.60 288.20

Wisconsin Electric Power Co 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.


Wisconsin Electric Power Co  (OTCPK:WELPP.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.

Wisconsin Electric Power Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.9+0.75 * 676.6+0.5 * 288.2-10688.4
-30.4-0)/0
=N/A

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

Wisconsin Electric Power Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=299.4/593.8*365 / 4
=46.01

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

Wisconsin Electric Power Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=593.8 / 299.4
=1.98

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.

Wisconsin Electric Power Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=299.4 / 1038.8
=0.29

* 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.


Wisconsin Electric Power Co Total Inventories Related Terms

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Wisconsin Electric Power Co (Wisconsin Electric Power Co) Business Description

Traded in Other Exchanges
Address
231 West Michigan Street, P.O. Box 2046, Milwaukee, WI, USA, 53201
Wisconsin Electric Power Co is an electric utility company. The business activity of the group is functioned through electric and natural gas utility operations. Its electric utility operations are engaged in the generation, distribution, and sale of electricity in southeastern, east central, and northern Wisconsin and the Upper Peninsula of Michigan. The electric utility operations also include steam operations which produce, distribute, and sell steam to space heating and processing customers in metropolitan Milwaukee, Wisconsin. Its natural gas utility operations are engaged in the purchase, distribution, and sale of natural gas to retail customers and the transportation natural gas in three service areas within southeastern, east central, and northern Wisconsin.
Executives
Paul J Spicer director 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
William Mastoris director 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Xia Liu director, officer: EVP and CFO ONE ENERGY PLACE, PENSACOLA FL 32520
Anthony Reese officer: Vice President and Treasurer 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Margaret C Kelsey officer: EVP and Gen Counsel
Gale E Klappa director, officer: CEO and Chairman of the Board 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe officer: Exec. VP - Generation 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
James A. Schubilske officer: Vice President & Treasurer 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
William J Guc officer: Vice President & Controller 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Scott J Lauber officer: Vice President and Treasurer 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Joan M Shafer officer: Exec VP-HR & Org Effectiveness 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Henry W Knueppel director 200 STATE STREET, BELOIT WI 53511
James Patrick Keyes officer: Executive VP & CFO 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Susan H. Martin officer: Executive VP & General Counsel 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Mary Ellen Stanek director 14730 WEST JUNEAU BOULEVARD, ELM GROVE WI 53122

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