GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Archaea Energy Inc (NYSE:LFG) » Definitions » Total Inventories

Archaea Energy (Archaea Energy) Total Inventories : $19.1 Mil (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Archaea Energy Total Inventories?

Archaea Energy's total inventories for the quarter that ended in Sep. 2022 was $19.1 Mil. Archaea Energy's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $15.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Archaea Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-22.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Archaea Energy's Days Inventory for the three months ended in Sep. 2022 was 16.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Archaea Energy's Inventory Turnover for the quarter that ended in Sep. 2022 was 5.53.

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. Archaea Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.15.


Archaea Energy Total Inventories Historical Data

The historical data trend for Archaea Energy'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.

Archaea Energy Total Inventories Chart

Archaea Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Total Inventories
- - - 9.16

Archaea Energy Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.29 9.16 10.57 11.05 19.08

Archaea Energy 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.


Archaea Energy  (NYSE:LFG) 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.

Archaea Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

Net-Net Working Capital Per Share (Q: Sep. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(299.467+0.75 * 47.255+0.5 * 19.084-1242.495
-0-974.027)/81.5926
=-22.94

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

Archaea Energy's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=15.067/83.334*365 / 4
=16.50

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

Archaea Energy's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2022 ) / Average Total Inventories (Q: Sep. 2022 )
=83.334 / 15.067
=5.53

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.

Archaea Energy's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=15.067 / 102.271
=0.15

* 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.


Archaea Energy Total Inventories Related Terms

Thank you for viewing the detailed overview of Archaea Energy's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Archaea Energy (Archaea Energy) Business Description

Traded in Other Exchanges
N/A
Address
4444 Westheimer Road, Suite G450, Houston, TX, USA, 77027
Archaea Energy Inc is a renewable natural gas (RNG) producer in the U.S., with an RNG platform developing, constructing, and operating RNG facilities to capture waste emissions and convert them into low-carbon fuel.
Executives
Ares Management Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
United States Power Fund Iii, L.p. director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Edward P. Taibi officer: GC, EVP Strat Init & Gov Aff 35 EAST 62ND STREET, NEW YORK NY 10065
Brian F Mccarthy officer: Chief Investment Officer C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Aria Renewable Energy Systems Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director, 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Archaea Energy Llc 10 percent owner 500 TECHNOLOGY DRIVE, SECOND FLOOR, CANONSBURG PA 15317
Shalennial Fund I, L.p. 10 percent owner 102 EAST MAIN STREET, SECOND STORY, CARNEGIE PA 15106
Richard Walton officer: President C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Nicholas Stork director, officer: Chief Executive Officer C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Lindsay Ellis officer: General Counsel and Secretary C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Chad Bellah officer: Chief Accounting Officer C/O RICE ACQUISITION, 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Eif Us Power Iv, Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Eif Us Power Iii, Llc director, 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Scott Parkes director C/O ARES MANAGEMENT CORP., 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067

Archaea Energy (Archaea Energy) Headlines

From GuruFocus

Top 5 4th Quarter Trades of BRIGHTLINE CAPITAL MANAGEMENT, LLC

By GuruFocus Research GuruFocus Editor 02-04-2023