Excelerate Energy (Excelerate Energy) Days Inventory : 6.39 (As of Dec. 2023)

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What is Excelerate Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Excelerate Energy's Average Total Inventories for the three months ended in Dec. 2023 was $11 Mil. Excelerate Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $151 Mil. Hence, Excelerate Energy's Days Inventory for the three months ended in Dec. 2023 was 6.39.

The historical rank and industry rank for Excelerate Energy's Days Inventory or its related term are showing as below:

EE' s Days Inventory Range Over the Past 10 Years
Min: 8.22 Med: 33.47 Max: 43.16
Current: 34.71

During the past 5 years, Excelerate Energy's highest Days Inventory was 43.16. The lowest was 8.22. And the median was 33.47.

EE's Days Inventory is ranked worse than
53.15% of 730 companies
in the Oil & Gas industry
Industry Median: 31.555 vs EE: 34.71

Excelerate Energy's Days Inventory declined from Dec. 2022 (54.51) to Dec. 2023 (6.39).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Excelerate Energy's Inventory Turnover for the three months 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 three months ended in Dec. 2023 was 0.04.

Excelerate Energy Days Inventory Historical Data

The historical data trend for Excelerate Energy's Days 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.

Excelerate Energy Days Inventory Chart

Excelerate Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

8.22

33.47

39.86

24.03

43.16

Excelerate Energy Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										54.51	122.40	22.40	13.60	6.39

Competitive Comparison of Excelerate Energy's Days Inventory

For the Oil & Gas Midstream subindustry, Excelerate Energy's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Excelerate Energy's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Excelerate Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Excelerate Energy's Days Inventory falls into.

Excelerate Energy Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (173.603	+	2.946)	/	2 )	/	746.559	*	365
=	88.2745					/	746.559	*	365
=	43.16

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

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18.203	+	2.946)	/	2 )	/	150.926	*	365 / 4
=	10.5745					/	150.926	*	365 / 4
=	6.39

Excelerate Energy (NYSE:EE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

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

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.

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

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

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.

Excelerate Energy Days Inventory Related Terms

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

Excelerate Energy (Excelerate Energy) Business Description

Industry

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

Comparable Companies

OSG GPP BROG NGL SMLP BPT MMLP CWPE DLNG TNP TSX:ENB EPD WMB ET LNG OKE KMI MPLX TSX:TRP CQP

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