Electricite de France (Electricite de France) Inventory Turnover : 3.93 (As of Dec. 2022)

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What is Electricite de France 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. Electricite de France's Cost of Goods Sold for the six months ended in Dec. 2022 was $71,088 Mil. Electricite de France's Average Total Inventories for the quarter that ended in Dec. 2022 was $18,067 Mil. Electricite de France's Inventory Turnover for the quarter that ended in Dec. 2022 was 3.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electricite de France's Days Inventory for the six months ended in Dec. 2022 was 46.38.

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. Electricite de France's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.22.

Electricite de France Inventory Turnover Historical Data

The historical data trend for Electricite de France'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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Electricite de France Inventory Turnover Chart

Electricite de France Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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2.03

2.15

2.04

2.43

6.60

Electricite de France Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Inventory Turnover	Get a 7-Day Free Trial															0.83	1.27	1.27	2.85	3.93

Electricite de France Inventory Turnover Calculation

Electricite de France'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 )
=	122187.5	/ (	(18301.695	+	18708.686)	/	2 )
=	122187.5	/	18505.1905
=	6.60

Electricite de France's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	71087.924	/ (	(17424.947	+	18708.686)	/	2 )
=	71087.924	/	18066.8165
=	3.93

Electricite de France (OTCPK:ECIFY) 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.

Electricite de France's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	18066.8165	/	71087.924	*	365 / 2
	=	46.38

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.

Electricite de France's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	18066.8165	/	81794.492
	=	0.22

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.

Electricite de France Inventory Turnover Related Terms

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Electricite de France (Electricite de France) Business Description

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Address

22-30, Avenue de Wagram, Paris, FRA, 75382

Website

http://www.edf.com

Electricite de France is one of the world's largest energy companies, controlling the French power grid along with a massive global generation fleet. Its French nuclear fleet comprises 58 plants. It operates the largest power supply business in France, which acts as a broker between generators and retail end users, is a major renewable developer, and holds stakes in other energy businesses globally, including a small but growing Chinese footprint. With the acquisition of Areva's nuclear reactor unit in 2017, EDF became an integrated nuclear developer.