Mississippi Power Co (Mississippi Power Co) Inventory Turnover : 0.29 (As of Jun. 2018)

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

What is Mississippi Power Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Mississippi Power Co's Cost of Goods Sold for the three months ended in Jun. 2018 was $105.00 Mil. Mississippi Power Co's Average Total Inventories for the quarter that ended in Jun. 2018 was $363.00 Mil. Mississippi Power Co's Inventory Turnover for the quarter that ended in Jun. 2018 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mississippi Power Co's Days Inventory for the three months ended in Jun. 2018 was 315.46.

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. Mississippi Power Co's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 1.22.

Mississippi Power Co Inventory Turnover Historical Data

The historical data trend for Mississippi Power Co's Inventory Turnover 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.

Mississippi Power Co Inventory Turnover Chart

Mississippi Power Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

Get a 7-Day Free Trial

2.92

3.85

2.67

2.12

3.54

Mississippi Power Co Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Inventory Turnover	Get a 7-Day Free Trial															0.96	1.95	1.57	1.19	0.29

Mississippi Power Co Inventory Turnover Calculation

Mississippi Power Co's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	420	/ (	(176	+	61)	/	2 )
=	420	/	118.5
=	3.54

Mississippi Power Co's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

	Inventory Turnover (Q: Jun. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2018 )	/ (	(Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )
=	105	/ (	(657	+	69)	/	2 )
=	105	/	363
=	0.29

Mississippi Power Co (OTCPK:MPRWP.PFD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Mississippi Power Co's Days Inventory for the three months ended in Jun. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2018 )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
	=	363	/	105	*	365 / 4
	=	315.46

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.

Mississippi Power Co's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2018 )	/	Revenue (Q: Jun. 2018 )
	=	363	/	297
	=	1.22

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Mississippi Power Co Inventory Turnover Related Terms

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

Mississippi Power Co (Mississippi Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mississippi Power Co (OTCPK:MPRWP.PFD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mississippipower.com

Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.

Mississippi Power Co (Mississippi Power Co) Headlines

No Headlines