GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Calpine Corp (NYSE:CPN) » Definitions » Total Inventories

Calpine (Calpine) Total Inventories : $498 Mil (As of Dec. 2017)


View and export this data going back to 2008. Start your Free Trial

What is Calpine Total Inventories?

Calpine's total inventories for the quarter that ended in Dec. 2017 was $498 Mil. Calpine's average total inventories from the quarter that ended in Sep. 2017 to the quarter that ended in Dec. 2017 was $454 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Calpine's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $-33.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Calpine's Days Inventory for the three months ended in Dec. 2017 was 24.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Calpine's Inventory Turnover for the quarter that ended in Dec. 2017 was 3.67.

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. Calpine's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.25.


Calpine Total Inventories Historical Data

The historical data trend for Calpine'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.

Calpine Total Inventories Chart

Calpine Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 406.00 454.00 475.00 581.00 498.00

Calpine Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 581.00 535.00 455.00 409.00 498.00

Calpine 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.


Calpine  (NYSE:CPN) 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.

Calpine's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 is

Net-Net Working Capital Per Share (Q: Dec. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(284+0.75 * 970+0.5 * 498-13386
-0-79)/360.516
=-33.85

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

Calpine's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=453.5/1664*365 / 4
=24.87

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

Calpine's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2017 ) / Average Total Inventories (Q: Dec. 2017 )
=1664 / 453.5
=3.67

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.

Calpine's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=453.5 / 1801
=0.25

* 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.


Calpine Total Inventories Related Terms

Thank you for viewing the detailed overview of Calpine's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Calpine (Calpine) Business Description

Traded in Other Exchanges
N/A
Address
Calpine is the largest natural gas power producer in the United States, with 3.0 GW of simple-cycle combustion turbines, 6.3 GW of combined-cycle cogeneration, and 15.8 GW of combined-cycle combustion turbines. It also owns 725 MW of geothermal generation in California geothermal generation and 4 MW of solar generation.
Executives
David C Merritt director CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
W. Thaddeus Miller officer: EVP, CLO and Secretary 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Jack A Fusco director C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809
Frank Cassidy director
Thad Hill director, officer: President & CEO 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Mosbacher Robert A Jr director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
W Benjamin Moreland director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Laurie Brlas director C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Denise M Oleary director MEDTRONIC INC, 710 MEDTRONIC PKWY, MS LC310, MINNEAPOLIS MN 55432-5604
San Francisco Partners Lp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Spo Advisory Corp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Sf Advisory Partners Lp 10 percent owner 591 REDWOOD HIGHWAY STE 3215, C/O SPO PARTNERS & CO, MILL VALLEY CA 94941
Spo Partners Ii Lp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
John H Scully 10 percent owner 591 REDWOOD HIGHWAY, SUITE 3215, MILL VALLEY CA 94941
Spo Advisory Partners Lp 10 percent owner 591 REDWOOD HIGHWAY, STE 3215, MILL VALLEY CA 94941

Calpine (Calpine) Headlines

From GuruFocus

Bunny Portfolio Hops Into a Wall

By John Dorfman John Dorfman 12-09-2015

David Einhorn Purchases Stake in Calpine

By Kyle Ferguson Kyle Ferguson 09-07-2016

David Einhorn Adds Calpine, Rite Aid, Amaya to Portfolio

By Sydnee Gatewood Sydnee Gatewood 08-16-2016

Robert Bruce Exits Calpine, Agenus

By Tiziano Frateschi Tiziano Frateschi 05-23-2018

If You Own Utility Stocks, Consider Selling the Overvalued Ones - Part 1

By Chuck Carnevale Chuck Carnevale 07-25-2012

Bill Nygren Comment on Calpine Corporation

By guruek guruek 07-13-2010

Weekly Insider Sells Highlight: CPN, INCY, GPK, CODE

By Jimmy Xiao gurujx 02-24-2014