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Clean Energy Fuels (Clean Energy Fuels) Days Inventory

: 44.25 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Clean Energy Fuels's Average Total Inventories for the three months ended in Dec. 2023 was $42.9 Mil. Clean Energy Fuels's Cost of Goods Sold for the three months ended in Dec. 2023 was $88.5 Mil. Hence, Clean Energy Fuels's Days Inventory for the three months ended in Dec. 2023 was 44.25.

The historical rank and industry rank for Clean Energy Fuels's Days Inventory or its related term are showing as below:

CLNE' s Days Inventory Range Over the Past 10 Years
Min: 34.11   Med: 38.26   Max: 48.4
Current: 37.41

During the past 13 years, Clean Energy Fuels's highest Days Inventory was 48.40. The lowest was 34.11. And the median was 38.26.

CLNE's Days Inventory is ranked worse than
55.83% of 729 companies
in the Oil & Gas industry
Industry Median: 31.63 vs CLNE: 37.41

Clean Energy Fuels's Days Inventory increased from Dec. 2022 (34.60) to Dec. 2023 (44.25). It might indicate that Clean Energy Fuels's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clean Energy Fuels's Inventory Turnover for the three months ended in Dec. 2023 was 2.06.

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. Clean Energy Fuels's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.40.


Clean Energy Fuels Days Inventory Historical Data

The historical data trend for Clean Energy Fuels's Days 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.

* Premium members only.

Clean Energy Fuels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.22 45.39 41.57 34.47 38.67

Clean Energy Fuels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.60 24.87 46.54 41.04 44.25

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clean Energy Fuels Days Inventory Distribution

For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clean Energy Fuels's Days Inventory falls into.



Clean Energy Fuels Days Inventory Calculation

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

Clean Energy Fuels's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (37.144 + 45.335) / 2 ) / 389.294*365
=41.2395 / 389.294*365
=38.67

Clean Energy Fuels's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (40.472 + 45.335) / 2 ) / 88.475*365 / 4
=42.9035 / 88.475*365 / 4
=44.25

* 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.


Clean Energy Fuels  (NAS:CLNE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Clean Energy Fuels's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Clean Energy Fuels's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Clean Energy Fuels Days Inventory Related Terms

Thank you for viewing the detailed overview of Clean Energy Fuels's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Clean Energy Fuels (Clean Energy Fuels) Business Description

Traded in Other Exchanges
Address
4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.
Executives
Mathieu Soulas director 4675 MACARTHUR CT, STE 800, NEWPORT BEACH CA 92660
Parker Anders Weil director 262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430
Mitchell W Pratt officer: Sr. VP, Eng., Opp & Public Aff C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Barclay Corbus officer: Sr. VP, Strategic Development C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Andrew J Littlefair director, officer: President and CEO C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Lorraine Paskett director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Karine Boissy-rousseau director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Laurent Rene Wolffsheim director C/O SUNPOWER CORPORATION, 77 RIO ROBLES, SAN JOSE CA 95134
Robert M. Vreeland officer: Chief Financial Officer C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Total Marketing Services S.a. 10 percent owner 24 COURS MICHELET DEFENSE 10, PUTEAUX I0 92800
Thomas Maurisse director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Kenneth M Socha director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Miller James C Iii director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Vincent C Taormina director C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660

Clean Energy Fuels (Clean Energy Fuels) Headlines

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