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Eversource Energy (NYSE:NU)
Days Inventory
42.05 (As of Mar. 2016)

Eversource Energy's average inventory for the three months ended in Mar. 2016 was $348 Mil. Eversource Energy's cost of goods sold for the three months ended in Mar. 2016 was $755 Mil. Hence, Eversource Energy's days inventory for the three months ended in Mar. 2016 was 42.05.

NU' s Days Inventory Range Over the Past 10 Years
Min: 14.99   Max: 56.92
Current: 42.74

14.99
56.92

During the past 13 years, Eversource Energy's highest Days Inventory was 56.92. The lowest was 14.99. And the median was 39.38.

NU's Days Inventory is ranked lower than
71% of the 568 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 22.25 vs. NU: 42.74 )

Eversource Energy's days inventory increased from Mar. 2015 (24.78) to Mar. 2016 (42.05). It might indicate that Eversource Energy's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Eversource Energy's days sales of inventory (DSI) for the three months ended in Mar. 2016 was 15.44.

Inventory turnover measures how fast the company turns over its inventory within a year. Eversource Energy's inventory turnover for the three months ended in Mar. 2016 was 2.17.

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. Eversource Energy's inventory to revenue ratio for the three months ended in Mar. 2016 was 0.17.


Definition

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

Eversource Energy's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (349.664 + 336.476) / 2 ) / 3086.905*365
=343.07 / 3086.905*365
=40.57

Eversource Energy's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2015 ) + Inventory (Q: Mar. 2016 )) / 2 ) / COGS (Q: Mar. 2016 )*Days in Period
=( (336.476 + 359.225) / 2 ) / 754.859*365 / 4
=347.8505 / 754.859*365 / 4
=42.05

* 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).

Eversource Energy's Days Sales of Inventory for the three months ended in Mar. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=347.8505/2055.635*365 / 4
=15.44

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

Eversource Energy's Inventory Turnover for the three months ended in Mar. 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.

Eversource Energy's Inventory to Revenue for the three months ended in Mar. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=347.8505 / 2055.635
=0.17

* 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.

Eversource Energy Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 14.9920.9631.1229.0147.9056.9239.3341.9739.4340.57

Eversource Energy Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysInventory 94.0424.7937.2739.1944.3924.7838.0338.4354.2642.05
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