GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ameren Corp (NYSE:AEE) » Definitions » Days Inventory

Ameren (Ameren) Days Inventory

: 78.57 (As of Dec. 2023)
View and export this data going back to 1998. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Ameren's Average Total Inventories for the three months ended in Dec. 2023 was $747 Mil. Ameren's Cost of Goods Sold for the three months ended in Dec. 2023 was $867 Mil. Hence, Ameren's Days Inventory for the three months ended in Dec. 2023 was 78.57.

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

AEE' s Days Inventory Range Over the Past 10 Years
Min: 49.8   Med: 56.38   Max: 63.37
Current: 63.37

During the past 13 years, Ameren's highest Days Inventory was 63.37. The lowest was 49.80. And the median was 56.38.

AEE's Days Inventory is ranked worse than
81.72% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs AEE: 63.37

Ameren's Days Inventory increased from Dec. 2022 (47.01) to Dec. 2023 (78.57). It might indicate that Ameren's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ameren's Inventory Turnover for the three months ended in Dec. 2023 was 1.16.

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. Ameren's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.46.


Ameren Days Inventory Historical Data

The historical data trend for Ameren'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.

Ameren 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 56.30 63.09 59.69 49.80 63.35

Ameren 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 47.01 46.82 62.95 72.17 78.57

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Ameren'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.


Ameren Days Inventory Distribution

For the Utilities - Regulated industry and Utilities sector, Ameren's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ameren's Days Inventory falls into.



Ameren Days Inventory Calculation

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

Ameren'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
=( (667 + 733) / 2 ) / 4033*365
=700 / 4033*365
=63.35

Ameren'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
=( (760 + 733) / 2 ) / 867*365 / 4
=746.5 / 867*365 / 4
=78.57

* 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.


Ameren  (NYSE:AEE) 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.

Ameren'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.

Ameren'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.


Ameren Days Inventory Related Terms

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


Ameren (Ameren) Business Description

Traded in Other Exchanges
Address
1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves more than 2.4 million electricity customers and more than 900,000 natural gas customers.
Executives
Rafael Flores director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Michael L Moehn other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Fadi M Diya officer: SVP & CNO of Subsidiary 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Chonda J Nwamu other: SVP & Deputy General Counsel 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Mark C Lindgren officer: VP & Chief HR Officer of Sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST. LOUIS MO 63166-6149
Warner L Baxter officer: EVP and CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gwendolyn G Mizell other: Chief Sustain & Diversity 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Leonard P Singh other: Chrmn and Pres-Elect of sub 1901 CHOUTEAU AVENUE, PO BOX 66149, ST LOUIS MO 63166-6149
Mark C Birk other: Vice President of Subsidiary 1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Martin J Lyons officer: Executive VP & CFO 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Richard J Mark other: Vice President of Subsidiary 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Shawn E Schukar other: Chmn & President of Subsidiary 1901 CHOUTEAU AVENUE, MC-1310, ST. LOUIS MO 63103
Theresa A Shaw officer: SVP, Finance and CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Bruce A Steinke officer: SVP, Finance & CAO 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Mackay Leo S. Jr. director C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666

Ameren (Ameren) Headlines

From GuruFocus

Q4 2018 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Ameren Corp Earnings Call - Tentative Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2020 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Ameren Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024