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GuruFocus has detected 3 Warning Signs with WEC Energy Group Inc $WEC.
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WEC Energy Group Inc (NYSE:WEC)
Days Inventory
94.49 (As of Sep. 2016)

WEC Energy Group Inc's average inventory for the three months ended in Sep. 2016 was $574 Mil. WEC Energy Group Inc's cost of goods sold for the three months ended in Sep. 2016 was $555 Mil. Hence, WEC Energy Group Inc's days inventory for the three months ended in Sep. 2016 was 94.49.

WEC' s Days Inventory Range Over the Past 10 Years
Min: 52.34   Max: 142.59
Current: 79.8

52.34
142.59

During the past 13 years, WEC Energy Group Inc's highest Days Inventory was 142.59. The lowest was 52.34. And the median was 73.91.

WEC's Days Inventory is ranked lower than
86% of the 557 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 22.07 vs. WEC: 79.80 )

WEC Energy Group Inc's days inventory declined from Sep. 2015 (99.06) to Sep. 2016 (94.49).

Inventory can be measured by Days Sales of Inventory (DSI). WEC Energy Group Inc's days sales of inventory (DSI) for the three months ended in Sep. 2016 was 30.61.

Inventory turnover measures how fast the company turns over its inventory within a year. WEC Energy Group Inc's inventory turnover for the three months ended in Sep. 2016 was 0.97.

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. WEC Energy Group Inc's inventory to revenue ratio for the three months ended in Sep. 2016 was 0.34.


Definition

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

WEC Energy Group Inc'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
=( (400.6 + 687) / 2 ) / 2240.1*365
=543.8 / 2240.1*365
=88.61

WEC Energy Group Inc's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

Days Inventory (Q: Sep. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jun. 2016 ) + Inventory (Q: Sep. 2016 )) / 2 ) / COGS (Q: Sep. 2016 )*Days in Period
=( (494.5 + 654.3) / 2 ) / 554.7*365 / 4
=574.4 / 554.7*365 / 4
=94.49

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

WEC Energy Group Inc's Days Sales of Inventory for the three months ended in Sep. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=574.4/1712.5*365 / 4
=30.61

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

WEC Energy Group Inc's Inventory Turnover for the three months ended in Sep. 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.

WEC Energy Group Inc's Inventory to Revenue for the three months ended in Sep. 2016 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

WEC Energy Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysInventory 142.5952.3466.9074.6473.1782.4368.9358.9688.6187.87

WEC Energy Group Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysInventory 76.5667.9751.30110.1599.0694.0362.9686.6494.4976.00
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