Atlantic Power (Atlantic Power) Total Inventories : $17.0 Mil (As of Mar. 2021)

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What is Atlantic Power Total Inventories?

Atlantic Power's total inventories for the quarter that ended in Mar. 2021 was $17.0 Mil. Atlantic Power's average total inventories from the quarter that ended in Dec. 2020 to the quarter that ended in Mar. 2021 was $17.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Atlantic Power's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was $-8.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atlantic Power's Days Inventory for the three months ended in Mar. 2021 was 38.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlantic Power's Inventory Turnover for the quarter that ended in Mar. 2021 was 2.37.

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. Atlantic Power's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.25.

Atlantic Power Total Inventories Historical Data

The historical data trend for Atlantic Power'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.

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Atlantic Power Total Inventories Chart

Atlantic Power Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Inventories

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16.00

17.70

15.80

18.60

18.30

Atlantic Power Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Total Inventories	Get a 7-Day Free Trial															15.80	17.70	19.50	18.30	17.00

Atlantic Power 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.

Atlantic Power (NYSE:AT) 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.

Atlantic Power's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 is

	Net-Net Working Capital Per Share (Q: Mar. 2021 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(21.6	+	0.75 * 33.9	+	0.5 * 17	-	663.5
-	0	-	168.8)	/	89.7978
=	-8.65

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

Atlantic Power's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2021 )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
	=	17.65	/	41.8	*	365 / 4
	=	38.53

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

Atlantic Power's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2021 )	/	Average Total Inventories (Q: Mar. 2021 )
	=	41.8	/	17.65
	=	2.37

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.

Atlantic Power's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2021 )	/	Revenue (Q: Mar. 2021 )
	=	17.65	/	72
	=	0.25

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.

Atlantic Power Total Inventories Related Terms

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Atlantic Power (Atlantic Power) Business Description

Industry

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Address

3 Allied Drive, Suite 155, Dedham, MA, USA, 02026

Website

https://www.atlanticpower.com

Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.

Executives

Kevin Howell	director	2220 MONUMENT AVENUE, RICHMOND VA 23220
R Foster Duncan	director	139 E FOURTH ST, CINCINNATI OH 45202
Gilbert Samuel Palter	director	37 MISTY CRESCENT TORONTO A6 MSB IT2
Danielle S Mottor	director	870 WASHINGTON STREET HOLLISTON MA 01746
Terrence Ronan	officer: Chief Financial Officer	ONE FEDERAL STREET 30TH FLOOR BOSTON MA 02110
Joseph Cofelice	officer: EVP Commercial Development
Moore James J Jr	director, officer: Chief Executive Officer
Jeffrey S Levy	officer: SVP, General Counsel	769 WEBSTER STREET NEEDHAM MA 02492
Irving Russell Gerstein	director	200 CLARENDON STREET BOSTON MA 02116
Philip Daniel Rorabaugh	officer: SVP, Asset Management	27 ASPEN AVE AUBURNDALE MA 02466
Holli C. Ladhani	director	2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Teresa Ressel	director	ON SEMICONDUCTOR C/O V. PECORA (MD A700), 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
John Alexander Mcneil	director	200 CLARENDON STREET BOSTON MA 02116
Kenneth Michael Hartwick	director	200 CLARENDON STREET, BOSTON MA 02116
Paul Howard Rapisarda	officer: EVP Commercial	151 SE 15TH ROAD, APT 1802, MIAMI FL 33129