EDP - Energias de Portugal (EDP - Energias de Portugal) Inventory Turnover : 3.03 (As of Dec. 2023)

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What is EDP - Energias de Portugal 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. EDP - Energias de Portugal's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,667 Mil. EDP - Energias de Portugal's Average Total Inventories for the quarter that ended in Dec. 2023 was $879 Mil. EDP - Energias de Portugal's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EDP - Energias de Portugal's Days Inventory for the three months ended in Dec. 2023 was 30.08.

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. EDP - Energias de Portugal's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

EDP - Energias de Portugal Inventory Turnover Historical Data

The historical data trend for EDP - Energias de Portugal'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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EDP - Energias de Portugal Inventory Turnover Chart

EDP - Energias de Portugal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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27.87

24.87

20.26

15.34

10.25

EDP - Energias de Portugal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.58	2.27	2.38	3.01	3.03

EDP - Energias de Portugal Inventory Turnover Calculation

EDP - Energias de Portugal's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	11320.896	/ (	(1330.826	+	878.351)	/	2 )
=	11320.896	/	1104.5885
=	10.25

EDP - Energias de Portugal's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2666.538	/ (	(879.674	+	878.351)	/	2 )
=	2666.538	/	879.0125
=	3.03

EDP - Energias de Portugal (OTCPK:EDPFY) 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.

EDP - Energias de Portugal's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	879.0125	/	2666.538	*	365 / 4
	=	30.08

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.

EDP - Energias de Portugal's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	879.0125	/	4301.028
	=	0.20

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.

EDP - Energias de Portugal Inventory Turnover Related Terms

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EDP - Energias de Portugal (EDP - Energias de Portugal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EDP - Energias de Portugal SA (OTCPK:EDPFY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ELCPF:USA EDP:Portugal EDPu:UK 0OF7:UK EDP:Germany

Address

Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300

Website

https://www.edp.com

EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the U.S. EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil that it aims to delist by end-2023.

EDP - Energias de Portugal (EDP - Energias de Portugal) Headlines

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