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Clean Energy Fuels (Clean Energy Fuels) Total Inventories : $45.3 Mil (As of Dec. 2023)


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What is Clean Energy Fuels Total Inventories?

Clean Energy Fuels's total inventories for the quarter that ended in Dec. 2023 was $45.3 Mil. Clean Energy Fuels's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $42.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Clean Energy Fuels's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Clean Energy Fuels's Days Inventory for the three months ended in Dec. 2023 was 44.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clean Energy Fuels's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.06.

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. Clean Energy Fuels's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.


Clean Energy Fuels Total Inventories Historical Data

The historical data trend for Clean Energy Fuels's Total Inventories 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.

Clean Energy Fuels Total Inventories Chart

Clean Energy Fuels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.87 28.10 31.30 37.14 45.34

Clean Energy Fuels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 37.14 38.05 38.52 40.47 45.34

Clean Energy Fuels Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Clean Energy Fuels  (NAS:CLNE) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Clean Energy Fuels's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(263.13+0.75 * 98.426+0.5 * 45.335-525.811
-0-6.877)/223.027
=-0.78

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

Clean Energy Fuels's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=42.9035/88.475*365 / 4
=44.25

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

Clean Energy Fuels's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=88.475 / 42.9035
=2.06

4. 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.

Clean Energy Fuels's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=42.9035 / 106.857
=0.40

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Clean Energy Fuels Total Inventories Related Terms

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Clean Energy Fuels (Clean Energy Fuels) Business Description

Traded in Other Exchanges
Address
4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.
Executives
Mathieu Soulas director 4675 MACARTHUR CT, STE 800, NEWPORT BEACH CA 92660
Parker Anders Weil director 262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430
Mitchell W Pratt officer: Sr. VP, Eng., Opp & Public Aff C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Barclay Corbus officer: Sr. VP, Strategic Development C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Andrew J Littlefair director, officer: President and CEO C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Lorraine Paskett director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Karine Boissy-rousseau director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Laurent Rene Wolffsheim director C/O SUNPOWER CORPORATION, 77 RIO ROBLES, SAN JOSE CA 95134
Robert M. Vreeland officer: Chief Financial Officer C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Total Marketing Services S.a. 10 percent owner 24 COURS MICHELET DEFENSE 10, PUTEAUX I0 92800
Thomas Maurisse director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Kenneth M Socha director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Miller James C Iii director C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Vincent C Taormina director C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660

Clean Energy Fuels (Clean Energy Fuels) Headlines

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