DTE Energy Co (DTE Energy Co) Change In Inventory

: $-110 Mil (TTM As of Dec. 2023)

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DTE Energy Co's change in inventory for the quarter that ended in Dec. 2023 was $60 Mil. It means DTE Energy Co's inventory declined by $60 Mil from Sep. 2023 to Dec. 2023 .

DTE Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-110 Mil. It means DTE Energy Co's inventory increased by $110 Mil from Dec. 2022 to Dec. 2023 .

DTE Energy Co's Total Inventories for the quarter that ended in Dec. 2023 was $1,054 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DTE Energy Co's Days Inventory for the quarter that ended in Dec. 2023 was 45.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. DTE Energy Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.01.

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. DTE Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

DTE Energy Co Change In Inventory Historical Data

The historical data trend for DTE Energy Co's Change In Inventory 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.

DTE Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

59.00

45.00

-153.00

-98.00

-110.00

DTE Energy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																106.00	133.00	-132.00	-171.00	60.00

DTE Energy Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-110 Mil.

DTE Energy Co (NYSE:DTE) Change In Inventory Explanation

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

DTE Energy Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1082	/	2178	*	365 / 4
	=	45.33

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2178	/	1082
	=	2.01

3. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1082	/	3394
	=	0.32

DTE Energy Co Change In Inventory Related Terms

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DTE Energy Co (DTE Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » DTE Energy Co (NYSE:DTE) » Definitions » Change In Inventory

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Traded in Other Exchanges

DGY:Germany DGY:Germany

Address

One Energy Plaza, Detroit, MI, USA, 48226-1279

Website

https://www.dteenergy.com

DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

Executives

Joann Chavez	officer: Sr VP & Chief Legal Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Lisa A. Muschong	officer: Corporate Secretary	ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick	officer: Chief Accounting Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Robert A. Richard	officer: Executive Vice President	ONE ENERGY PLAZA, DETROIT MI 48226
Joi M. Harris	officer: Pres. & COO - DTE Gas Company	ONE ENERGY PLAZA, DETROIT MI 48226
Trevor F Lauer	officer: President and COO-DTE Electric	ONE ENERGY PLAZA, DETROIT MI 48226
Gerard M Anderson	director, officer: Chairman and CEO	ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
David A Thomas	director	ONE ENERGY PLAZA, DETROIT MI 48226
Mark C. Rolling	officer: VP Controller & CAO	ONE ENERGY PLAZA, DETROIT MI 48226
David E Meador	officer: Vice Chairman and CAO	ONE ENERGY PLAZA, DETROIT MI 48226
Matthew T. Paul	officer: President & COO DTE Gas Co.	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Peter B Oleksiak	officer: Sr. Vice President and CFO	ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers	officer: President and COO - DTE Gas	ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow	director	235 EAST MAIN STREET, MIDLAND MI 48640