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Altera Infrastructure LP (Altera Infrastructure LP) Days Inventory : 14.04 (As of Jun. 2022)


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What is Altera Infrastructure LP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Altera Infrastructure LP's Average Total Inventories for the three months ended in Jun. 2022 was $37.12 Mil. Altera Infrastructure LP's Cost of Goods Sold for the three months ended in Jun. 2022 was $241.23 Mil. Hence, Altera Infrastructure LP's Days Inventory for the three months ended in Jun. 2022 was 14.04.

The historical rank and industry rank for Altera Infrastructure LP's Days Inventory or its related term are showing as below:

ALINpB.PFD' s Days Inventory Range Over the Past 10 Years
Min: 7.08   Med: 7.27   Max: 10.88
Current: 10.88

During the past 13 years, Altera Infrastructure LP's highest Days Inventory was 10.88. The lowest was 7.08. And the median was 7.27.

ALINpB.PFD's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.29 vs ALINpB.PFD: 10.88

Altera Infrastructure LP's Days Inventory increased from Jun. 2021 (7.72) to Jun. 2022 (14.04). It might indicate that Altera Infrastructure LP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altera Infrastructure LP's Inventory Turnover for the three months 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 three months ended in Jun. 2022 was 0.13.


Altera Infrastructure LP Days Inventory Historical Data

The historical data trend for Altera Infrastructure LP's Days Inventory 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 Days Inventory Chart

Altera Infrastructure LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.29 7.34 6.74 8.09

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
Days Inventory 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 7.72 7.96 8.81 11.53 14.04

Competitive Comparison of Altera Infrastructure LP's Days Inventory

For the Oil & Gas Midstream subindustry, Altera Infrastructure LP's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altera Infrastructure LP's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altera Infrastructure LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Altera Infrastructure LP's Days Inventory falls into.



Altera Infrastructure LP Days Inventory Calculation

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 fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (16.308 + 26.601) / 2 ) / 967.7*365
=21.4545 / 967.7*365
=8.09

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

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (31.775 + 42.472) / 2 ) / 241.232*365 / 4
=37.1235 / 241.232*365 / 4
=14.04

* 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.


Altera Infrastructure LP  (NYSE:ALINpB.PFD) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

2. 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 three months ended in Jun. 2022 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Altera Infrastructure LP Days Inventory Related Terms

Thank you for viewing the detailed overview of Altera Infrastructure LP's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Altera Infrastructure LP (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).
Executives
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc 10 percent owner 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd 10 percent owner PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036