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WEC Energy Group Days Inventory

: 37.17 (As of Jun. 2021)
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WEC Energy Group's Total Inventories for the three months ended in Jun. 2021 was $403 Mil. WEC Energy Group's Cost of Goods Sold for the three months ended in Jun. 2021 was $990 Mil. Hence, WEC Energy Group's Days Inventory for the three months ended in Jun. 2021 was 37.17.

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

NYSE:WEC' s Days Inventory Range Over the Past 10 Years
Min: 34.84   Med: 43.13   Max: 50.26
Current: 34.84

34.84
50.26

During the past 13 years, WEC Energy Group's highest Days Inventory was 50.26. The lowest was 34.84. And the median was 43.13.

NYSE:WEC's Days Inventory is ranked higher than
99% of the 99 Companies
in the Utilities - Regulated industry.

( Industry Median: 31.85 vs. NYSE:WEC: 34.84 )

WEC Energy Group's Days Inventory declined from Jun. 2020 (42.70) to Jun. 2021 (37.17).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. WEC Energy Group's Inventory Turnover for the three months ended in Jun. 2021 was 2.46.

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. WEC Energy Group's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.24.


WEC Energy Group Days Inventory Historical Data

The historical data trend for WEC 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.

WEC Energy Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.27 42.14 38.39 41.20 45.23

WEC Energy Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 42.70 48.40 39.83 23.06 37.17

Competitive Comparison

For the Utilities - Regulated Electric subindustry, WEC 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.

   

WEC Energy Group Days Inventory Distribution

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

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



WEC Energy Group Days Inventory Calculation

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

WEC Energy Group's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (549.8 + 528.6) / 2 ) / 4351.7*365
=539.2 / 4351.7*365
=45.23

WEC Energy Group's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (353.5 + 452.7) / 2 ) / 989.7*365 / 4
=403.1 / 989.7*365 / 4
=37.17

* 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.


WEC Energy Group  (NYSE:WEC) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

WEC Energy Group's Days Sales of Inventory for the three months ended in Jun. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=403.1/1676.2*365 / 4
=21.94

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

WEC Energy Group's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

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.

WEC Energy Group's Inventory to Revenue for the three months ended in Jun. 2021 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.


WEC Energy Group Days Inventory Related Terms

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


WEC Energy Group Business Description

WEC Energy Group logo
Industry
Utilities » Utilities - Regulated NAICS : 221118 SIC : 4931
Traded in Other Exchanges
Address
231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in its Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 51% electric generation and distribution, 34% gas distribution, 13% electric transmission, and 2% unregulated renewable generation.
Executives
Reese Anthony officer: Vice President and Treasurer 231 WEST MICHIGAN STREET MILWAUKEE WI 53203
Matthews Charles R officer: President & CEO - PGL/NSG 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Kuester Frederick D officer: Sr. Executive Vice Pres. 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Lauber Scott J officer: Sr. EVP and COO 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Liu Xia officer: EVP and CFO ONE ENERGY PLACE PENSACOLA FL 32520
Guc William J officer: Vice President & Controller 130 EAST RANDOLPH DRIVE CHICAGO IL 60601
Green Maria C director C/O INGERSOLL-RAND COMPANY 800-E BEATY STREET DAVIDSON NC 28036
Kelsey Margaret C officer: Executive VP & General Counsel PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KELSEY MARGARET C a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Krueger Daniel officer: EVP WEC Infrastructure 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Metcalfe Tom officer: Pres. WI Utilities 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Garvin Robert M officer: Exec Vice President - Ext Affs 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Klappa Gale E director, officer: Executive Chairman 231 W. MICHIGAN STREET MILWAUKEE WI 53203
Cunningham Danny L director C/O ACTUANT CORPORATION N86 W12500 WESTBROOK CROSSING MENOMONEE FALLS WI 53051
Stanek Mary Ellen director 14730 WEST JUNEAU BOULEVARD ELM GROVE WI 53122
Culver Curt S director 250 E KILBOURN AVE MILWAUKEE WI 53202

WEC Energy Group Headlines

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