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Avista (Avista) Total Inventories : $160 Mil (As of Dec. 2023)


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What is Avista Total Inventories?

Avista's total inventories for the quarter that ended in Dec. 2023 was $160 Mil. Avista's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $153 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Avista's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-63.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avista's Days Inventory for the three months ended in Dec. 2023 was 63.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avista's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.29.


Avista Total Inventories Historical Data

The historical data trend for Avista'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.

* Premium members only.

Avista Total Inventories Chart

Avista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.58 67.45 84.73 107.67 159.98

Avista Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 107.67 101.78 115.81 145.17 159.98

Avista 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.


Avista  (NYSE:AVA) 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.

Avista's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(35.003+0.75 * 216.744+0.5 * 159.984-5217.154
-0-0)/78.0746
=-63.27

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

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

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

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=219.918 / 152.579
=1.44

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=152.579 / 517.36
=0.29

* 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

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.


Avista Total Inventories Related Terms

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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