Altus Power (FRA:8770) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Altus Power 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. Altus Power's Cost of Goods Sold for the three months ended in Mar. 2024 was €10.0 Mil. Altus Power's Average Total Inventories for the quarter that ended in Mar. 2024 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altus Power's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Altus Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Altus Power Inventory Turnover Historical Data

The historical data trend for Altus Power'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.

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Altus Power Inventory Turnover Chart

Altus Power Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Altus Power Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Altus Power Inventory Turnover Calculation

Altus Power's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	27.177	/ (	(0	+	0)	/	1 )
=	27.177	/	0
=	N/A

Altus Power's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	10.046	/ (	(0	+	0)	/	1 )
=	10.046	/	0
=	N/A

Altus Power (FRA:8770) 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.

Altus Power's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	10.046	*	365 / 4
	=	0.00

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.

Altus Power's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	37.406
	=	0.00

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.

Altus Power Inventory Turnover Related Terms

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Altus Power (FRA:8770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altus Power Inc (FRA:8770) » Definitions » Inventory Turnover

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Traded in Other Exchanges

AMPS:USA 8770:Germany

Address

2200 Atlantic Street, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.altuspower.com

Altus Power Inc is a renewable energy generation company focused on the commercial and industrial, public sector, and community solar customers. It operates as a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic and energy storage systems, as well as electric vehicle charging facilities.

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