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AGL Resources (AGL Resources) Days Inventory : 77.83 (As of Mar. 2016)


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What is AGL Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AGL Resources's Average Total Inventories for the three months ended in Mar. 2016 was $493 Mil. AGL Resources's Cost of Goods Sold for the three months ended in Mar. 2016 was $578 Mil. Hence, AGL Resources's Days Inventory for the three months ended in Mar. 2016 was 77.83.

The historical rank and industry rank for AGL Resources's Days Inventory or its related term are showing as below:

GAS's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 23.03
* Ranked among companies with meaningful Days Inventory only.

AGL Resources's Days Inventory increased from Mar. 2015 (49.68) to Mar. 2016 (77.83). It might indicate that AGL Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AGL Resources's Inventory Turnover for the three months ended in Mar. 2016 was 1.17.

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. AGL Resources's Inventory-to-Revenue for the three months ended in Mar. 2016 was 0.37.


AGL Resources Days Inventory Historical Data

The historical data trend for AGL Resources'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.

AGL Resources Days Inventory Chart

AGL Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231.08 147.65 106.20 90.69 151.66

AGL Resources Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 49.68 148.59 337.50 174.76 77.83

Competitive Comparison of AGL Resources's Days Inventory

For the Utilities - Regulated Gas subindustry, AGL Resources'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.


AGL Resources's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AGL Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where AGL Resources's Days Inventory falls into.



AGL Resources Days Inventory Calculation

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

AGL Resources's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (716 + 651) / 2 ) / 1645*365
=683.5 / 1645*365
=151.66

AGL Resources's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (651 + 335) / 2 ) / 578*365 / 4
=493 / 578*365 / 4
=77.83

* 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.


AGL Resources  (NYSE:GAS) 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.

AGL Resources's Inventory Turnover for the three months ended in Mar. 2016 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.

AGL Resources's Inventory to Revenue for the three months ended in Mar. 2016 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.


AGL Resources Days Inventory Related Terms

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


AGL Resources (AGL Resources) Business Description

Traded in Other Exchanges
N/A
Address
AGL Resources Inc was incorporated on November 27, 1995 under the laws of the State of Georgia. It is an energy services holding company. The Company is engaged in the distribution of natural gas in seven states; Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland through its seven natural gas distribution utilities. The Company's business segments are Distribution Operations, Retail Operations, Wholesale Services and Midstream Operations. The distribution operations segment includes seven natural gas local distribution utilities with a focus of providing safe and reliable delivery of natural gas. The retail operations segment serves natural gas commodity customers and service contracts. The wholesale services segment is engaged in asset management and optimization, storage, transportation, producer and peaking services and wholesale marketing of natural gas across the U.S. and Canada. Wholesale services utilizes a portfolio of natural gas storage assets, contracted supply from all of the main producing regions, as well as contracted storage and transportation capacity to provide these services to its customers. The midstream operations segment includes a number of businesses that are related and complementary to its primary business. The Company competes with electric utilities and fuel oil and propane providers serving the residential, commercial and industrial markets and natural gas facilities. The Company's business is subject to substantial regulation by federal, state and local regulatory authorities.
Executives
Bettina M Whyte director 9 W 57TH ST 34TH FLR, NEW YORK NY 10019
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Dean R Ohare director 15 MOUNTAIN VIEW ROAD, WARREN NJ 07059
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Brenda J Gaines director 1445 ROSS AVENUE, SUITE 1400, DALLAS TX 75202
James A Rubright director 3435 WOODHAVEN RD NW, ATLANTA GA 30305
Sandra N Bane director
Henry C Wolf director NORFOLK SOUTHERN CORP, THREE COMMERCIAL PLACE, NORFOLK VA 23510-9219
Andrew W Evans director, officer: President & CEO TEN PEACHTREE PLACE, LOC. 1466, ATLANTA GA 30309
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Bell Thomas D Jr director
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Arthur E Johnson director IKON OFFICE SOLUTIONS INC, 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Somerhalder John W Ii director, officer: Chairman and CEO 76 SOUTH MAIN STREET, AKRON OH 44308

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