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NorthWestern Energy Group (NorthWestern Energy Group) Days Inventory

: 68.84 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). NorthWestern Energy Group's Average Total Inventories for the three months ended in Dec. 2023 was $117 Mil. NorthWestern Energy Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $155 Mil. Hence, NorthWestern Energy Group's Days Inventory for the three months ended in Dec. 2023 was 68.84.

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

NWE' s Days Inventory Range Over the Past 10 Years
Min: 36.27   Med: 45.97   Max: 69.05
Current: 61.64

During the past 13 years, NorthWestern Energy Group's highest Days Inventory was 69.05. The lowest was 36.27. And the median was 45.97.

NWE's Days Inventory is ranked worse than
80.86% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs NWE: 61.64

NorthWestern Energy Group's Days Inventory increased from Dec. 2022 (50.53) to Dec. 2023 (68.84). It might indicate that NorthWestern Energy Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NorthWestern Energy Group's Inventory Turnover for the three months ended in Dec. 2023 was 1.33.

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. NorthWestern Energy Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.


NorthWestern Energy Group Days Inventory Historical Data

The historical data trend for NorthWestern Energy Group'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.

NorthWestern Energy Group 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 36.27 41.19 40.78 48.08 63.20

NorthWestern Energy Group 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 50.53 41.20 74.59 72.73 68.84

Competitive Comparison

For the Utilities - Diversified subindustry, NorthWestern Energy Group'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.


NorthWestern Energy Group Days Inventory Distribution

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

* The bar in red indicates where NorthWestern Energy Group's Days Inventory falls into.



NorthWestern Energy Group Days Inventory Calculation

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

NorthWestern Energy Group'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
=( (107.359 + 114.539) / 2 ) / 640.786*365
=110.949 / 640.786*365
=63.20

NorthWestern Energy Group'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
=( (119.08 + 114.539) / 2 ) / 154.832*365 / 4
=116.8095 / 154.832*365 / 4
=68.84

* 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.


NorthWestern Energy Group  (NAS:NWE) 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.

NorthWestern Energy Group'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.

NorthWestern Energy Group'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.


NorthWestern Energy Group Days Inventory Related Terms

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


NorthWestern Energy Group (NorthWestern Energy Group) Business Description

Traded in Other Exchanges
Address
3010 West 69th Street, Sioux Falls, SD, USA, 57108
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric utility operations, which include the generation, purchase, transmission, and distribution of electricity, and Natural Gas utility operations, which include the production, purchase, transmission, storage, and distribution of natural gas. The company uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of retail electric utility revenue from commercial and residential sales.
Executives
Bleau Lafave officer: VP Asset Mgmt & Bus Dvlpmt 3010 W. 69TH STREET, SIOUX FALLS SD 57108
Sherina M. Edwards director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jan Robert Horsfall director
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Cynthia Fang officer: Vice President - Regulatory 208 N. MONTANA AVE., SUITE 200, HELENA MT 59601
Shannon Heim officer: Vice President and GC 208 N. MONTANA AVE., SUITE 200, HELENA MT 59601
Bobbi L Schroeppel officer: VP Cust. Care & Communications 125 S. DAKOTA AVENUE, SIOUX FALLS SD 57104
Brian B Bird officer: VP, CFO & Treasurer 125 S DAKOTA AVE, SIOUX FALLS SD 57104
Michael R Cashell officer: Vice President - Transmission 40 EAST BROADWAY STREET, BUTTE MT 59701
Robert C Rowe director, officer: President & CEO 3010 WEST 69TH STREET, SIOUX FALLS SD 57108
Jason Merkel officer: VP - Distribution 1313 NORTH LAST CHANCE GULCH, HELENA MT 59601
Kent T Larson director 3010 W. 69TH STREET, SIOUX FALLS SD 57108
Curtis T Pohl officer: Vice President - Distribution 125 S. DAKOTA AVENUE, SIOUX FALLS SD 57104
Anthony Thomas Clark director 3010 W 69TH STREET, SIOUX FALLS SD 57108
H. Grahame Heather officer: VP & General Counsel 209 N. MONTANA AVENUE, SUITE 205, HELENA MT 59601

NorthWestern Energy Group (NorthWestern Energy Group) Headlines