Brookfield Renewable (TSX:BEPC) Days Inventory : 8.64 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Brookfield Renewable Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brookfield Renewable's Average Total Inventories for the three months ended in Dec. 2023 was C$59 Mil. Brookfield Renewable's Cost of Goods Sold for the three months ended in Dec. 2023 was C$625 Mil. Hence, Brookfield Renewable's Days Inventory for the three months ended in Dec. 2023 was 8.64.

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

TSX:BEPC' s Days Inventory Range Over the Past 10 Years
Min: 5.73 Med: 10.33 Max: 12.83
Current: 7.47

During the past 7 years, Brookfield Renewable's highest Days Inventory was 12.83. The lowest was 5.73. And the median was 10.33.

TSX:BEPC's Days Inventory is ranked better than
84.83% of 323 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.07 vs TSX:BEPC: 7.47

Brookfield Renewable's Days Inventory increased from Dec. 2022 (5.84) to Dec. 2023 (8.64). It might indicate that Brookfield Renewable's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brookfield Renewable's Inventory Turnover for the three months ended in Dec. 2023 was 10.57.

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's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.

Brookfield Renewable Days Inventory Historical Data

The historical data trend for Brookfield Renewable'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 Days Inventory Chart

Brookfield Renewable Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

12.83

10.33

6.47

5.73

10.36

Brookfield Renewable 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															5.84	5.83	6.61	5.36	8.64

Competitive Comparison of Brookfield Renewable's Days Inventory

For the Utilities - Renewable subindustry, Brookfield Renewable'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's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

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

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

Brookfield Renewable Days Inventory Calculation

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

Brookfield Renewable'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
=	( (24.453	+	87.204)	/	2 )	/	1966.785	*	365
=	55.8285					/	1966.785	*	365
=	10.36

Brookfield Renewable'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
=	( (31.121	+	87.204)	/	2 )	/	625.186	*	365 / 4
=	59.1625					/	625.186	*	365 / 4
=	8.64

Brookfield Renewable (TSX:BEPC) 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's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	625.186	/	59.1625
	=	10.57

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's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	59.1625	/	1430.146
	=	0.04

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 Days Inventory Related Terms

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

Brookfield Renewable (TSX:BEPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Brookfield Renewable Corp (TSX:BEPC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BEPC:USA

Address

250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023

Website

https://www.brookfield.com

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.