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CenterPoint Energy (BSP:C1NP34) Change In Inventory : R$842 Mil (TTM As of Dec. 2023)


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What is CenterPoint Energy Change In Inventory?

CenterPoint Energy's change in inventory for the quarter that ended in Dec. 2023 was R$510 Mil. It means CenterPoint Energy's inventory declined by R$510 Mil from Sep. 2023 to Dec. 2023 .

CenterPoint Energy's change in inventory for the fiscal year that ended in Dec. 2023 was R$818 Mil. It means CenterPoint Energy's inventory declined by R$818 Mil from Dec. 2022 to Dec. 2023 .

CenterPoint Energy's Total Inventories for the quarter that ended in Dec. 2023 was R$3,773 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CenterPoint Energy's Days Inventory for the quarter that ended in Dec. 2023 was 52.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. CenterPoint Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.73.

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. CenterPoint Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

CenterPoint Energy Change In Inventory Historical Data

The historical data trend for CenterPoint Energy'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.

* Premium members only.

CenterPoint Energy Change In Inventory Chart

CenterPoint Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -213.43 46.30 -791.69 -1,358.56 818.27

CenterPoint Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial 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 -183.59 494.82 228.12 -390.16 509.58

CenterPoint Energy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$842 Mil.

* 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.

CenterPoint Energy  (BSP:C1NP34) Change In Inventory Explanation

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

CenterPoint Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3886.5965/6722.526*365 / 4
=52.76

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

CenterPoint Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=6722.526 / 3886.5965
=1.73

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.

CenterPoint Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3886.5965 / 10691.364
=0.36

* 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.

CenterPoint Energy Change In Inventory Related Terms

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CenterPoint Energy (BSP:C1NP34) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CenterPoint Energy Inc (BSP:C1NP34) » Definitions » Change In Inventory
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Address
1111 Louisiana, Houston, TX, USA, 77002
Website
https://www.centerpointenergy.com
CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers.

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