Excelerate Energy (Excelerate Energy) Change In Inventory

: $170 Mil (TTM As of Dec. 2023)

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Excelerate Energy's change in inventory for the quarter that ended in Dec. 2023 was $15 Mil. It means Excelerate Energy's inventory declined by $15 Mil from Sep. 2023 to Dec. 2023 .

Excelerate Energy's change in inventory for the fiscal year that ended in Dec. 2023 was $170 Mil. It means Excelerate Energy's inventory declined by $170 Mil from Dec. 2022 to Dec. 2023 .

Excelerate Energy's Total Inventories for the quarter that ended in Dec. 2023 was $3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Excelerate Energy's Days Inventory for the quarter that ended in Dec. 2023 was 6.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Excelerate Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.27.

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. Excelerate Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Excelerate Energy Change In Inventory Historical Data

The historical data trend for Excelerate Energy'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.

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Excelerate Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

35.14

-17.11

-82.67

-68.58

169.66

Excelerate Energy Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory											71.27	40.42	104.11	9.87	15.26

Excelerate Energy 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 $170 Mil.

Excelerate Energy (NYSE:EE) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	10.5745	/	150.926	*	365 / 4
	=	6.39

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	150.926	/	10.5745
	=	14.27

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.5745	/	240.064
	=	0.04

Excelerate Energy Change In Inventory Related Terms

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Excelerate Energy (Excelerate Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Excelerate Energy Inc (NYSE:EE) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

2445 Technology Forest Boulevard, Level 6, The Woodlands, TX, USA, 77381

Website

https://www.excelerateenergy.com

Excelerate Energy Inc is engaged in flexible LNG solutions, providing integrated services along the LNG value chain. The company offers a full range of flexible regasification services from FSRUs to infrastructure development, to LNG and natural gas supply.

Executives

David A. Liner	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD, THE WOODLANDS TX 77381
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Daniel H Bustos	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Michael Anthony Bent	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Excelerate Energy Holdings, Llc	10 percent owner	6733 S. YALE AVE., TULSA OK 74136
Excelerate Holdings, Llc	10 percent owner	6733 S. YALE AVE., TULSA OK 74136
Hood Alisa Newman	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Steven M Kobos	director, officer: President and CEO	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Henry G Kleemeier	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Paul T Hanrahan	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Calvin A Bancroft	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Dana A Armstrong	officer: See Remarks	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Robert Waldo	director	6733 S. YALE AVE., TULSA, OK 74136
Amy Thompson Broussard	officer: See Remarks	C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Don P. Millican	director	6733 S. YALE AVE., TULSA OK 74136