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Sempra Energy (NYSE:SRE)
Days Inventory
34.33 (As of Dec. 2015)

Sempra Energy's average inventory for the three months ended in Dec. 2015 was $357 Mil. Sempra Energy's cost of goods sold for the three months ended in Dec. 2015 was $949 Mil. Hence, Sempra Energy's days inventory for the three months ended in Dec. 2015 was 34.33.

SRE' s Days Inventory Range Over the Past 10 Years
Min: 16.55   Max: 37.29
Current: 31.72

16.55
37.29

During the past 13 years, Sempra Energy's highest Days Inventory was 37.29. The lowest was 16.55. And the median was 26.41.

SRE's Days Inventory is ranked lower than
60% of the 564 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 22.84 vs. SRE: 31.72 )

Sempra Energy's days inventory declined from Dec. 2014 (34.86) to Dec. 2015 (34.33).

Inventory can be measured by Days Sales of Inventory (DSI). Sempra Energy's days sales of inventory (DSI) for the three months ended in Dec. 2015 was 12.06.

Inventory turnover measures how fast the company turns over its inventory within a year. Sempra Energy's inventory turnover for the three months ended in Dec. 2015 was 2.66.

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. Sempra Energy's inventory to revenue ratio for the three months ended in Dec. 2015 was 0.13.


Definition

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

Sempra 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
=( (396 + 298) / 2 ) / 3753*365
=347 / 3753*365
=33.75

Sempra Energy's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2015 ) + Inventory (Q: Dec. 2015 )) / 2 ) / COGS (Q: Dec. 2015 )*Days in Period
=( (416 + 298) / 2 ) / 949*365 / 4
=357 / 949*365 / 4
=34.33

* 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).

Sempra Energy's Days Sales of Inventory for the three months ended in Dec. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=357/2701*365 / 4
=12.06

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

Sempra Energy's Inventory Turnover for the three months ended in Dec. 2015 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.

Sempra Energy's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

* 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.

Sempra Energy Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 22.0423.1416.5528.9621.9526.5937.2930.2626.2233.75

Sempra Energy Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysInventory 38.7731.7116.9118.6728.6234.8630.9427.9031.3734.33
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