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Brookfield Renewable Partners LP (TSX:BEP.PR.I.PFD) Days Inventory : 11.38 (As of Dec. 2023)


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What is Brookfield Renewable Partners LP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brookfield Renewable Partners LP's Average Total Inventories for the three months ended in Dec. 2023 was C$102.20 Mil. Brookfield Renewable Partners LP's Cost of Goods Sold for the three months ended in Dec. 2023 was C$819.72 Mil. Hence, Brookfield Renewable Partners LP's Days Inventory for the three months ended in Dec. 2023 was 11.38.

The historical rank and industry rank for Brookfield Renewable Partners LP's Days Inventory or its related term are showing as below:

TSX:BEP.PR.I.PFD' s Days Inventory Range Over the Past 10 Years
Min: 7.62   Med: 10.06   Max: 14.5
Current: 10.58

During the past 13 years, Brookfield Renewable Partners LP's highest Days Inventory was 14.50. The lowest was 7.62. And the median was 10.06.

TSX:BEP.PR.I.PFD's Days Inventory is ranked better than
78.64% of 323 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.07 vs TSX:BEP.PR.I.PFD: 10.58

Brookfield Renewable Partners LP's Days Inventory declined from Dec. 2022 (16.98) to Dec. 2023 (11.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Brookfield Renewable Partners LP's Inventory Turnover for the three months ended in Dec. 2023 was 8.02.

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. Brookfield Renewable Partners LP's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Brookfield Renewable Partners LP Days Inventory Historical Data

The historical data trend for Brookfield Renewable Partners LP'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.

Brookfield Renewable Partners LP Days Inventory Chart

Brookfield Renewable Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.43 10.06 7.62 9.06 14.50

Brookfield Renewable Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.98 9.98 9.38 7.38 11.38

Competitive Comparison of Brookfield Renewable Partners LP's Days Inventory

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP'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.


Brookfield Renewable Partners LP's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Partners LP's Days Inventory falls into.



Brookfield Renewable Partners LP Days Inventory Calculation

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

Brookfield Renewable Partners LP'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
=( (57.057 + 148.918) / 2 ) / 2593.313*365
=102.9875 / 2593.313*365
=14.50

Brookfield Renewable Partners LP'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
=( (55.477 + 148.918) / 2 ) / 819.718*365 / 4
=102.1975 / 819.718*365 / 4
=11.38

* 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.


Brookfield Renewable Partners LP  (TSX:BEP.PR.I.PFD) 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.

Brookfield Renewable Partners LP'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.

Brookfield Renewable Partners LP'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.


Brookfield Renewable Partners LP Days Inventory Related Terms

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


Brookfield Renewable Partners LP (TSX:BEP.PR.I.PFD) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable Partners LP (TSX:BEP.PR.I.PFD) Headlines

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