PPL (PPL) Days Inventory

: 36.71 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). PPL's Average Total Inventories for the three months ended in Dec. 2023 was $497 Mil. PPL's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,234 Mil. Hence, PPL's Days Inventory for the three months ended in Dec. 2023 was 36.71.

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

PPL' s Days Inventory Range Over the Past 10 Years
Min: 27.84 Med: 37.55 Max: 52.78
Current: 33.98

During the past 13 years, PPL's highest Days Inventory was 52.78. The lowest was 27.84. And the median was 37.55.

PPL's Days Inventory is ranked worse than
64.95% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs PPL: 33.98

PPL's Days Inventory increased from Dec. 2022 (25.58) to Dec. 2023 (36.71). It might indicate that PPL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PPL's Inventory Turnover for the three months ended in Dec. 2023 was 2.49.

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. PPL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.24.

PPL Days Inventory Historical Data

The historical data trend for PPL'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.

PPL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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39.40

43.08

37.09

27.84

34.35

PPL 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															25.58	26.78	37.12	36.82	36.71

Competitive Comparison

For the Utilities - Regulated Electric subindustry, PPL'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.

PPL Days Inventory Distribution

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

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

PPL Days Inventory Calculation

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

PPL'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
=	( (443	+	505)	/	2 )	/	5036	*	365
=	474					/	5036	*	365
=	34.35

PPL'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
=	( (488	+	505)	/	2 )	/	1234	*	365 / 4
=	496.5					/	1234	*	365 / 4
=	36.71

PPL (NYSE:PPL) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1234	/	496.5
	=	2.49

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	496.5	/	2031
	=	0.24

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.

PPL Days Inventory Related Terms

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

PPL (PPL) Business Description

Industry

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

Comparable Companies

AEE ES FE ETR CNP CMS DTE WEC AGR EIX NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

PP9:Germany PP9:Germany

Address

Two North Ninth Street, Allentown, PA, USA, 18101-1179

Website

https://www.pplweb.com

PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.

Executives

Tadd J Henninger	officer: Vice President and Treasurer	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Crockett John R Iii	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
David J Bonenberger	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Linda G Sullivan	director	P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Francis X Sullivan	officer: EVP and COO	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Bergstein Joseph P Jr	officer: VP-IR and Treasurer	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Vincent Sorgi	officer: Vice President and Controller	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Stephanie R Raymond	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Gregory N Dudkin	officer: President of a PPL Subsidiary	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Angela K Gosman	officer: SVP and CHRO	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Heather B Redman	director	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Wendy E Stark	officer: SVP, GC and Corp Sec	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Joanne H Raphael	officer: SVP, GC & Corp Sec	TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Art P Beattie	director	600 NORTH 18TH STREET, BIRMINGHAM AL 35291
William H Spence	officer: Executive VP and COO	UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066