Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Inventory Turnover : 10.18 (As of Sep. 2023)

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What is Centrais Eletricas Brasileiras Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Centrais Eletricas Brasileiras's Cost of Goods Sold for the three months ended in Sep. 2023 was $955 Mil. Centrais Eletricas Brasileiras's Average Total Inventories for the quarter that ended in Sep. 2023 was $94 Mil. Centrais Eletricas Brasileiras's Inventory Turnover for the quarter that ended in Sep. 2023 was 10.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Centrais Eletricas Brasileiras's Days Inventory for the three months ended in Sep. 2023 was 8.97.

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. Centrais Eletricas Brasileiras's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.05.

Centrais Eletricas Brasileiras Inventory Turnover Historical Data

The historical data trend for Centrais Eletricas Brasileiras's Inventory Turnover 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.

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Centrais Eletricas Brasileiras Inventory Turnover Chart

Centrais Eletricas Brasileiras Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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5.53

6.94

1.49

1.76

2.85

Centrais Eletricas Brasileiras Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															10.08	-19.24	9.19	10.00	10.18

Centrais Eletricas Brasileiras Inventory Turnover Calculation

Centrais Eletricas Brasileiras's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	397.681	/ (	(197.257	+	81.845)	/	2 )
=	397.681	/	139.551
=	2.85

Centrais Eletricas Brasileiras's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	954.974	/ (	(96.001	+	91.696)	/	2 )
=	954.974	/	93.8485
=	10.18

Centrais Eletricas Brasileiras (NYSE:EBR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Centrais Eletricas Brasileiras's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	93.8485	/	954.974	*	365 / 4
	=	8.97

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.

Centrais Eletricas Brasileiras's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	93.8485	/	1778.085
	=	0.05

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Centrais Eletricas Brasileiras Inventory Turnover Related Terms

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

Centrais Eletricas Brasileiras (Centrais Eletricas Brasileiras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (NYSE:EBR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

EBR.B:USA XELTO:Spain XELTB:Spain L3XB:Germany ELET6:Brazil ELET5:Brazil ELET3:Brazil EBR:Argentina

Address

Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005

Website

https://www.eletrobras.com

Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

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