Switch to:
GuruFocus has detected 6 Warning Signs with Entergy Corp $ETR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Entergy Corp (NYSE:ETR)
Days Inventory
105.83 (As of Dec. 2016)

Entergy Corp's average inventory for the three months ended in Dec. 2016 was $993 Mil. Entergy Corp's cost of goods sold for the three months ended in Dec. 2016 was $856 Mil. Hence, Entergy Corp's days inventory for the three months ended in Dec. 2016 was 105.83.

ETR' s Days Inventory Range Over the Past 10 Years
Min: 54.93   Max: 119.23
Current: 119.23

54.93
119.23

During the past 13 years, Entergy Corp's highest Days Inventory was 119.23. The lowest was 54.93. And the median was 92.53.

ETR's Days Inventory is ranked lower than
91% of the 491 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 23.18 vs. ETR: 119.23 )

Entergy Corp's days inventory declined from Dec. 2015 (116.04) to Dec. 2016 (105.83).

Inventory can be measured by Days Sales of Inventory (DSI). Entergy Corp's days sales of inventory (DSI) for the three months ended in Dec. 2016 was 34.20.

Inventory turnover measures how fast the company turns over its inventory within a year. Entergy Corp's inventory turnover for the three months ended in Dec. 2016 was 0.86.

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. Entergy Corp's inventory to revenue ratio for the three months ended in Dec. 2016 was 0.37.


Definition

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

Entergy Corp's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2015 ) + Inventory (A: Dec. 2016 )) / 2 ) / COGS (A: Dec. 2016 )*Days in Period
=( (1091.167 + 878.123) / 2 ) / 3238.405*365
=984.645 / 3238.405*365
=110.98

Entergy Corp's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2016 ) + Inventory (Q: Dec. 2016 )) / 2 ) / COGS (Q: Dec. 2016 )*Days in Period
=( (1107.179 + 878.123) / 2 ) / 855.93*365 / 4
=992.651 / 855.93*365 / 4
=105.83

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Entergy Corp's Days Sales of Inventory for the three months ended in Dec. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=992.651/2648.527*365 / 4
=34.20

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

Entergy Corp's Inventory Turnover for the three months ended in Dec. 2016 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.

Entergy Corp's Inventory to Revenue for the three months ended in Dec. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=992.651 / 2648.527
=0.37

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Entergy Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysInventory 63.0054.9393.1886.3191.87115.5097.1685.1998.74110.98

Entergy Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysInventory 72.5496.71100.36112.0781.44116.04122.17150.42113.42105.83
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK