Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Change In Inventory : $0 Mil (TTM As of Sep. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig Change In Inventory?

Cia Energetica DE Minas Gerais - Cemig's change in inventory for the quarter that ended in Sep. 2023 was $0 Mil. It means Cia Energetica DE Minas Gerais - Cemig's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Cia Energetica DE Minas Gerais - Cemig's change in inventory for the fiscal year that ended in Dec. 2022 was $0 Mil. It means Cia Energetica DE Minas Gerais - Cemig's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Cia Energetica DE Minas Gerais - Cemig's Total Inventories for the quarter that ended in Sep. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cia Energetica DE Minas Gerais - Cemig's Days Inventory for the quarter that ended in Sep. 2023 was 0.00.

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

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. Cia Energetica DE Minas Gerais - Cemig's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Cia Energetica DE Minas Gerais - Cemig Change In Inventory Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig'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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Cia Energetica DE Minas Gerais - Cemig Change In Inventory Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

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Dec22

Change In Inventory

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Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
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Cia Energetica DE Minas Gerais - Cemig 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) Change In Inventory Explanation

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

Cia Energetica DE Minas Gerais - Cemig's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	1369.553	*	365 / 4
	=	0.00

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

Cia Energetica DE Minas Gerais - Cemig's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1369.553	/	0
	=	N/A

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.

Cia Energetica DE Minas Gerais - Cemig's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1908.727
	=	0.00

Cia Energetica DE Minas Gerais - Cemig Change In Inventory Related Terms

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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.