The historical rank and industry rank for El Paso Electric Co's Days Inventory or its related term are showing as below:
EE's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 22.67 * Ranked among companies with meaningful Days Inventory only.
El Paso Electric Co's Days Inventory
increased
from Mar. 2019 (40.04) to Mar. 2020 (48.41).
It might indicate that El Paso Electric Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
El Paso Electric Co's Inventory Turnover for the
three
months ended in Mar. 2020 was 1.89.
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.
El Paso Electric Co's Inventory-to-Revenue for the
three
months ended in Mar. 2020 was 0.38.
El Paso Electric Co Days Inventory Historical Data
The historical data trend for El Paso Electric Co'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.
Competitive Comparison of El Paso Electric Co's Days Inventory
For the Utilities - Regulated Electric subindustry, El Paso Electric Co'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.
El Paso Electric Co's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, El Paso Electric Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where El Paso Electric Co's Days Inventory falls into.
El Paso Electric Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
El Paso Electric Co's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as
* 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.
El Paso Electric Co (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.
El Paso Electric Co's Inventory Turnover for the
three
months ended in Mar. 2020 is calculated as
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.
El Paso Electric Co's Inventory to Revenue for the
three
months ended in Mar. 2020 is calculated as
* 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.
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.
El Paso Electric Co Days Inventory Related Terms
Thank you for viewing the detailed overview of El Paso Electric Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
El Paso Electric Co (El Paso Electric Co) Business Description
El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.
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