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DTE Energy Holding Co (NYSE:DTE)
Days Inventory
68.07 (As of Sep. 2015)

DTE Energy Holding Co's average inventory for the three months ended in Sep. 2015 was $786 Mil. DTE Energy Holding Co's cost of goods sold for the three months ended in Sep. 2015 was $1,053 Mil. Hence, DTE Energy Holding Co's days inventory for the three months ended in Sep. 2015 was 68.07.

DTE' s Days Inventory Range Over the Past 10 Years
Min: 44.45   Max: 85.93
Current: 58.76

44.45
85.93

During the past 13 years, DTE Energy Holding Co's highest Days Inventory was 85.93. The lowest was 44.45. And the median was 68.03.

DTE's Days Inventory is ranked lower than
80% of the 549 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 23.25 vs. DTE: 58.76 )

DTE Energy Holding Co's days inventory increased from Sep. 2014 (57.57) to Sep. 2015 (68.07). It might indicate that DTE Energy Holding Co's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). DTE Energy Holding Co's days sales of inventory (DSI) for the three months ended in Sep. 2015 was 27.59.

Inventory turnover measures how fast the company turns over its inventory within a year. DTE Energy Holding Co's inventory turnover for the three months ended in Sep. 2015 was 1.34.

Inventory to revenue ratio 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 Holding Co's inventory to revenue ratio for the three months ended in Sep. 2015 was 0.30.


Definition

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

DTE Energy Holding Co's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2013 ) + Inventory (A: Dec. 2014 )) / 2 ) / COGS (A: Dec. 2014 )*Days in Period
=( (628 + 804) / 2 ) / 5879*365
=716 / 5879*365
=44.45

DTE Energy Holding Co's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jun. 2015 ) + Inventory (Q: Sep. 2015 )) / 2 ) / COGS (Q: Sep. 2015 )*Days in Period
=( (731 + 840) / 2 ) / 1053*365 / 4
=785.5 / 1053*365 / 4
=68.07

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

DTE Energy Holding Co's Days Sales of Inventory for the three months ended in Sep. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=785.5/2598*365 / 4
=27.59

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

DTE Energy Holding Co's Inventory Turnover for the three months ended in Sep. 2015 is calculated as

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 Holding Co's Inventory to Revenue for the three months ended in Sep. 2015 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

DTE Energy Holding Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysInventory 69.0782.8369.2649.6761.3466.9974.9785.9362.5144.45

DTE Energy Holding Co Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysInventory 56.6463.7954.9223.4639.3057.5754.8346.9066.0668.07
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