Consolidated Edison (FRA:EDC) Change In Inventory : €-10 Mil (TTM As of Mar. 2024)

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What is Consolidated Edison Change In Inventory?

Consolidated Edison's change in inventory for the quarter that ended in Mar. 2024 was €25 Mil. It means Consolidated Edison's inventory declined by €25 Mil from Dec. 2023 to Mar. 2024 .

Consolidated Edison's change in inventory for the fiscal year that ended in Dec. 2023 was €35 Mil. It means Consolidated Edison's inventory declined by €35 Mil from Dec. 2022 to Dec. 2023 .

Consolidated Edison's Total Inventories for the quarter that ended in Mar. 2024 was €407 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Consolidated Edison's Days Inventory for the quarter that ended in Mar. 2024 was 21.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Consolidated Edison's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.16.

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. Consolidated Edison's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Consolidated Edison Change In Inventory Historical Data

The historical data trend for Consolidated Edison's Change In Inventory 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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Consolidated Edison Change In Inventory Chart

Consolidated Edison Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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5.40

-3.29

-72.57

-104.78

34.85

Consolidated Edison Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															70.98	-1.85	-19.68	-13.76	24.84

Consolidated Edison Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10 Mil.

Consolidated Edison (FRA:EDC) Change In Inventory Explanation

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

Consolidated Edison's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	418.3565	/	1740.64	*	365 / 4
	=	21.93

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

Consolidated Edison's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1740.64	/	418.3565
	=	4.16

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.

Consolidated Edison's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	418.3565	/	3937.6
	=	0.11

Consolidated Edison Change In Inventory Related Terms

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Consolidated Edison (FRA:EDC) Business Description

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ED:USA

Address

4 Irving Place, Room 700, New York, NY, USA, 10003

Website

https://www.conedison.com

Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.