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 Average Total Inventories for the quarter that ended in Dec. 2023 was $462 Mil. Consolidated Edison's Revenue for the
three
months ended in Dec. 2023 was $3,444 Mil.
Consolidated Edison's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.
Consolidated Edison's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.12) to Sep. 2023 (0.13)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
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
three
months ended in Dec. 2023 was 24.71.
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 Dec. 2023 was 3.69.
Consolidated Edison Inventory-to-Revenue Historical Data
The historical data trend for Consolidated Edison's Inventory-to-Revenue 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.
Competitive Comparison of Consolidated Edison's Inventory-to-Revenue
For the Utilities - Regulated Electric subindustry, Consolidated Edison's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Consolidated Edison's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Consolidated Edison's Inventory-to-Revenue falls into.
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 fiscal year that 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
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
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.
Consolidated Edison Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Consolidated Edison's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Consolidated Edison (Consolidated Edison) Business Description
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.
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