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El Paso Electric Co (El Paso Electric Co) Total Inventories : $60.4 Mil (As of Mar. 2020)


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What is El Paso Electric Co Total Inventories?

El Paso Electric Co's total inventories for the quarter that ended in Mar. 2020 was $60.4 Mil. El Paso Electric Co's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Mar. 2020 was $60.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. El Paso Electric Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-62.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. El Paso Electric Co's Days Inventory for the three months ended in Mar. 2020 was 48.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. El Paso Electric Co's Inventory Turnover for the quarter that ended in Mar. 2020 was 1.89.

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. El Paso Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2020 was 0.38.


El Paso Electric Co Total Inventories Historical Data

The historical data trend for El Paso Electric 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.

El Paso Electric Co Total Inventories Chart

El Paso Electric Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.70 47.22 50.91 55.43 60.87

El Paso Electric Co Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 57.54 58.84 59.05 60.87 60.43

El Paso Electric 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.


El Paso Electric Co  (NYSE:EE) 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.

El Paso Electric Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 is

Net-Net Working Capital Per Share (Q: Mar. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(57.379+0.75 * 66.307+0.5 * 60.429-2680.024
-0-0)/40.6565
=-62.54

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

El Paso Electric Co's Days Inventory for the three months ended in Mar. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2020 )/Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=60.6505/114.328*365 / 4
=48.41

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

El Paso Electric Co's Inventory Turnover for the quarter that ended in Mar. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2020 ) / Average Total Inventories (Q: Mar. 2020 )
=114.328 / 60.6505
=1.89

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.

El Paso Electric Co's Inventory to Revenue for the quarter that ended in Mar. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=60.6505 / 158.563
=0.38

* 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.


El Paso Electric Co Total Inventories Related Terms

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El Paso Electric Co (El Paso Electric Co) Business Description

Traded in Other Exchanges
N/A
Address
100 North Stanton, Stanton Tower, El Paso, TX, USA, 79901
El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.
Executives
James W Cicconi director 208 S. AKARD ST., DALLAS TX 75202
Charles Yamarone director 123 W MILLS, EL PASO TX 79901
Eric B Siegel director 123 W MILLS, EL PASO TX 79901
Stephen Wertheimer director 123 W MILLS, EL PASO TX 79901
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Catherine A Allen director 5 SAN SEBASTIAN ROAD, SANTA FE NM 87505
William Stiller officer: SVP & Chief HRO 1601 W. LBJ FREEWAY, DALLAS TX 75234
Woody L Hunt director 4401 NORTH MESA, EL PASO TX 79902
Shockley Thomas V Iii director 602 CIMARRON HILLS TRAIL WEST, GEORGETOWN TX 78628
Michael K Parks director 123 W MILLS, EL PASO TX 79901
Steven P Busser officer: VP-TREASURER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kenneth Heitz director 123 W MILLS, EL PASO TX 79901
Edwards George W Jr director 123 W MILLS, EL PASO TX 79901
Redd Ershel C Jr officer: President and CEO C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Terry D Bassham officer: Exec VP & Chief Fin & Admin COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248

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