SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'daysinventory' AVA (Avista) Days Inventory
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avista Corp (NYSE:AVA) » Definitions » Days Inventory

Avista (Avista) Days Inventory

: 63.31 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Avista's Average Total Inventories for the three months ended in Dec. 2023 was $153 Mil. Avista's Cost of Goods Sold for the three months ended in Dec. 2023 was $220 Mil. Hence, Avista's Days Inventory for the three months ended in Dec. 2023 was 63.31.

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

AVA' s Days Inventory Range Over the Past 10 Years
Min: 29.95   Med: 46.36   Max: 69.55
Current: 65.52

During the past 13 years, Avista's highest Days Inventory was 69.55. The lowest was 29.95. And the median was 46.36.

AVA's Days Inventory is ranked worse than
82.58% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs AVA: 65.52

Avista's Days Inventory increased from Dec. 2022 (43.25) to Dec. 2023 (63.31). It might indicate that Avista's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avista's Inventory Turnover for the three months ended in Dec. 2023 was 1.44.

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. Avista's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.


Avista Days Inventory Historical Data

The historical data trend for Avista'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.

Avista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.14 61.38 55.87 47.72 69.55

Avista Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 43.25 49.53 70.28 80.30 63.31

Competitive Comparison

For the Utilities - Diversified subindustry, Avista'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.


Avista Days Inventory Distribution

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

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



Avista Days Inventory Calculation

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

Avista's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (107.674 + 159.984) / 2 ) / 702.372*365
=133.829 / 702.372*365
=69.55

Avista's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (145.174 + 159.984) / 2 ) / 219.918*365 / 4
=152.579 / 219.918*365 / 4
=63.31

* 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.


Avista  (NYSE:AVA) 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.

Avista's Inventory Turnover for the three months ended in Dec. 2023 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.

Avista's Inventory to Revenue for the three months ended in Dec. 2023 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.


Avista Days Inventory Related Terms

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


Avista (Avista) Business Description

Traded in Other Exchanges
Address
1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
Executives
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
James M Kensok officer: Vice President & CIO 1411 E MISSION AVENUE, SPOKANE WA 99202
Scott L Morris officer: Sr. Vice President 1411 E MISSION AVE, SPOKANE WA 99202
David J Meyer officer: Sr. VP & General Counsel 1411 E MISSION AVE, SPOKANE WA 99202
Jason R Thackston officer: Vice President 1411 E MISSION AVENUE, SPOKANE WA 99202
Wayne O Manuel officer: Vice President 1411 E MISSION, SPOKANE WA 99202
Mark T Thies officer: Sr. Vice President & CFO 1411 E. MISSION AVENUE, SPOKANE WA 99202
Kevin B Jacobsen director, other: Incoming Board Member 1221 BROADWAY, OAKLAND CA 94612
Bryan Alden Cox officer: Vice President 1411 E MISSION AVENUE, SPOKANE WA 99202
Scott J Kinney officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Joshua D Diluciano officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Kevin J Christie officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Julie A. Bentz director, other: Incoming Board Member 1411 E MISSION AVE, SPOKANE WA 99202
Sena M Kwawu director, other: Incoming Board Member 1411 E MISSION AVENUE, SPOKANE WA 99202
Heidi B Stanley other: Director Nominee 1411 E MISSION AVE, SPOKANE WA 99220-3727