Duke Energy (Duke Energy) Days Inventory

: 101.78 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Duke Energy's Average Total Inventories for the three months ended in Dec. 2023 was $4,205 Mil. Duke Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,770 Mil. Hence, Duke Energy's Days Inventory for the three months ended in Dec. 2023 was 101.78.

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

DUK' s Days Inventory Range Over the Past 10 Years
Min: 77.37 Med: 92.57 Max: 101.14
Current: 95.2

During the past 13 years, Duke Energy's highest Days Inventory was 101.14. The lowest was 77.37. And the median was 92.57.

DUK's Days Inventory is ranked worse than
90.32% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs DUK: 95.20

Duke Energy's Days Inventory increased from Dec. 2022 (75.22) to Dec. 2023 (101.78). It might indicate that Duke Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Duke Energy's Inventory Turnover for the three months ended in Dec. 2023 was 0.90.

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. Duke Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.58.

Duke Energy Days Inventory Historical Data

The historical data trend for Duke 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 85.26 [6] => 97.21 [7] => 90.48 [8] => 77.37 [9] => 93.92 )

Duke Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

85.26

97.21

90.48

77.37

93.92

Duke Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																75.22	85.28	104.04	92.44	101.78

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Duke 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.

Duke Energy Days Inventory Distribution

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

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

Duke Energy Days Inventory Calculation

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

Duke 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
=	( (3584	+	4292)	/	2 )	/	15304	*	365
=	3938					/	15304	*	365
=	93.92

Duke 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
=	( (4118	+	4292)	/	2 )	/	3770	*	365 / 4
=	4205					/	3770	*	365 / 4
=	101.78

Duke Energy (NYSE:DUK) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3770	/	4205
	=	0.90

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4205	/	7212
	=	0.58

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.

Duke Energy Days Inventory Related Terms

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

Duke Energy (Duke Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duke Energy Corp (NYSE:DUK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DUKpA.PFD:USA D2MN:Germany D2MN:Germany D2MN:Germany DUKB34:Brazil

Address

550 South Tryon Street, Charlotte, NC, USA, 28202-1803

Website

https://www.duke-energy.com

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.

Executives

Kodwo Ghartey-tagoe	officer: EVP & Chief Legal Officer	550 S. TRYON STREET, CHARLOTTE NC 28202
E Marie Mckee	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Louis E. Renjel	officer: SVP, External Affairs & Comm	550 S. TRYON STREET, CHARLOTTE NC 28202
Gillespie Thomas Preston Jr.	officer: EVP-Chf Gen Off-Entrp Op Excel	526 S. CHURCH ST., CHARLOTTE NC 28202
Steven K Young	officer: Sr. VP & Controller	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dhiaa M. Jamil	officer: Grp Exec & Chief Nuclear Offic	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ronald R Reising	officer: SVP & Chief HR Officer	526 SOUTH CHURCH STREET, EC03T, CHARLOTTE NC 28202
Craver Theodore F Jr	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Julia S Janson	officer: Sr. VP & Corporate Secretary	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert Alexander Glenn	officer: SVP & CEO DEF & Midwest	550 S. TRYON STREET, CHARLOTTE NC 28202
Derrick Burks	director	C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Idalene Fay Kesner	director	101 OAKLEY STREET, EVANSVILLE IN 47710
Cynthia S. Lee	officer: VP, Chf Acct Off & Controller	550 S. TRYON STREET, CHARLOTTE NC 28202
Caroline Dorsa	director	BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Michael J. Pacilio	director	550 S. TRYON STREET, CHARLOTTE NC 28202