GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SSE PLC (OTCPK:SSEZY) » Definitions » Days Inventory

SSE (SSEZY) Days Inventory : 17.52 (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is SSE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SSE's Average Total Inventories for the six months ended in Sep. 2023 was $392 Mil. SSE's Cost of Goods Sold for the six months ended in Sep. 2023 was $4,083 Mil. Hence, SSE's Days Inventory for the six months ended in Sep. 2023 was 17.52.

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

SSEZY' s Days Inventory Range Over the Past 10 Years
Min: 3.46   Med: 7.07   Max: 21.25
Current: 14.15

During the past 13 years, SSE's highest Days Inventory was 21.25. The lowest was 3.46. And the median was 7.07.

SSEZY's Days Inventory is ranked better than
63.44% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs SSEZY: 14.15

SSE's Days Inventory increased from Sep. 2022 (12.09) to Sep. 2023 (17.52). It might indicate that SSE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SSE's Inventory Turnover for the six months ended in Sep. 2023 was 10.42.

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. SSE's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.07.


SSE Days Inventory Historical Data

The historical data trend for SSE'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.

SSE Days Inventory Chart

SSE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.45 15.92 17.22 21.77 9.87

SSE Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days 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 53.36 21.70 12.09 12.07 17.52

Competitive Comparison of SSE's Days Inventory

For the Utilities - Diversified subindustry, SSE'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.


SSE's Days Inventory Distribution in the Utilities - Regulated Industry

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

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



SSE Days Inventory Calculation

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

SSE's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (351.252 + 479.248) / 2 ) / 15352.428*365
=415.25 / 15352.428*365
=9.87

SSE's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (479.248 + 304.455) / 2 ) / 4082.55*365 / 2
=391.8515 / 4082.55*365 / 2
=17.52

* 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.


SSE  (OTCPK:SSEZY) 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.

SSE's Inventory Turnover for the six months ended in Sep. 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.

SSE's Inventory to Revenue for the six months ended in Sep. 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.


SSE Days Inventory Related Terms

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


SSE (SSEZY) Business Description

Traded in Other Exchanges
Address
200 Dunkeld Road, Inveralmond House, Perth, Perthshire, GBR, PH1 3AQ
SSE is an energy holding company based in the United Kingdom. The bulk of SSE's profit comes from the company's 10.8 GW of power generation and its electricity transmission and distribution networks . The firm is also involved in smaller related businesses such as gas storage and energy services.

SSE (SSEZY) Headlines

From GuruFocus

Elliott: SSE Has 30% Upside

By The City Letter 12-07-2021

SSE PLC's Dividend Analysis

By GuruFocus Research 01-10-2024