Edison International (Edison International) Days Inventory : 23.97 (As of Dec. 2023)

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What is Edison International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Edison International's Average Total Inventories for the three months ended in Dec. 2023 was $516 Mil. Edison International's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,964 Mil. Hence, Edison International's Days Inventory for the three months ended in Dec. 2023 was 23.97.

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

EIX' s Days Inventory Range Over the Past 10 Years
Min: 11.21 Med: 14.24 Max: 19.09
Current: 19.09

During the past 13 years, Edison International's highest Days Inventory was 19.09. The lowest was 11.21. And the median was 14.24.

EIX's Days Inventory is ranked better than
56.77% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.62 vs EIX: 19.09

Edison International's Days Inventory increased from Dec. 2022 (17.03) to Dec. 2023 (23.97). It might indicate that Edison International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Edison International's Inventory Turnover for the three months ended in Dec. 2023 was 3.81.

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. Edison International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.

Edison International Days Inventory Historical Data

The historical data trend for Edison International'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.

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Edison International Days Inventory Chart

Edison International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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15.01

16.43

16.39

14.70

18.98

Edison International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															17.03	18.50	19.32	16.15	23.97

Competitive Comparison of Edison International's Days Inventory

For the Utilities - Regulated Electric subindustry, Edison International'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.

Edison International's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Edison International's Days Inventory falls into.

Edison International Days Inventory Calculation

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

Edison International'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
=	( (474	+	527)	/	2 )	/	9624	*	365
=	500.5					/	9624	*	365
=	18.98

Edison International'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
=	( (505	+	527)	/	2 )	/	1964	*	365 / 4
=	516					/	1964	*	365 / 4
=	23.97

Edison International (NYSE:EIX) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1964	/	516
	=	3.81

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	516	/	3706
	=	0.14

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.

Edison International Days Inventory Related Terms

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

Edison International (Edison International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison International (NYSE:EIX) » Definitions » Days Inventory

Comparable Companies

WEC XEL DTE ED ETR FE PEG ES PPL AEE NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC BOM:532898

Traded in Other Exchanges

EIX1:Mexico EIX:Germany

Address

2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770

Website

https://www.edison.com

Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

Executives

Caroline Choi	officer: Senior Vice President	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan	officer: VP, CAO and Controller	1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
J Andrew Murphy	officer: Senior Vice President	211 CARNEGIE CENTER, PRINCETON NJ 08540
Chang Vanessa C L	director	P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess	officer: Vice President and Controller	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Natalie K Schilling	officer: SENIOR VICE PRESIDENT	2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Marcy L. Reed	director	84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson	officer: Executive Vice President, SCE	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Peter J. Taylor	director	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent	director	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith	director	6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell	officer: Executive Vice President, SCE	2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn	director	C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Ronald L Litzinger	officer: Chairman, Pres. & CEO of EMG	P.O. BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Timothy O'toole	director	55 BROADWAY, LONDON X0 SW1H OBD