E.ON SE (E.ON SE) Inventory Turnover

: 8.05 (As of Dec. 2023)

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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. E.ON SE's Cost of Goods Sold for the three months ended in Dec. 2023 was $18,973 Mil. E.ON SE's Average Total Inventories for the quarter that ended in Dec. 2023 was $2,358 Mil. E.ON SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. E.ON SE's Days Inventory for the three months ended in Dec. 2023 was 11.34.

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. E.ON SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

E.ON SE Inventory Turnover Historical Data

The historical data trend for E.ON SE'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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E.ON SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

31.83

40.82

68.16

64.66

30.78

E.ON SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover																3.13	11.24	5.71	4.90	8.05

E.ON SE Inventory Turnover Calculation

E.ON SE'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 )
=	68500.545	/ (	(2334.746	+	2115.594)	/	2 )
=	68500.545	/	2225.17
=	30.78

E.ON SE'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 )
=	18972.737	/ (	(2599.787	+	2115.594)	/	2 )
=	18972.737	/	2357.6905
=	8.05

E.ON SE (OTCPK:EONGY) 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.

E.ON SE'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
	=	2357.6905	/	18972.737	*	365 / 4
	=	11.34

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.

E.ON SE'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 )
	=	2357.6905	/	26655.398
	=	0.09

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.

E.ON SE Inventory Turnover Related Terms

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E.ON SE (E.ON SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » E.ON SE (OTCPK:EONGY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ENAKF:USA EOAN:Romania EOAN:Italy EON:Hungary EOANd:UK 0MPP:UK EOAN:Germany EOAN:Czech Republic EOAN:Austria

Address

Brusseler Platz 1, Essen, NW, DEU, 45131

Website

https://www.eon.com

Since completing the transformative deal with RWE in 2019, E.On has two core businesses: energy networks and retail supply. Its pro forma retail supply serves around 48 million customers primarily in Germany, the United Kingdom, Eastern Europe, the Netherlands, Belgium, and Sweden. Its pro forma networks business operates in Germany, Sweden, Eastern Europe, and Turkey.

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