Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Inventory Turnover : 4.54 (As of Jun. 2016)

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What is Baltimore Gas & Electric Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Baltimore Gas & Electric Co's Cost of Goods Sold for the three months ended in Jun. 2016 was $261.00 Mil. Baltimore Gas & Electric Co's Average Total Inventories for the quarter that ended in Jun. 2016 was $57.50 Mil. Baltimore Gas & Electric Co's Inventory Turnover for the quarter that ended in Jun. 2016 was 4.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baltimore Gas & Electric Co's Days Inventory for the three months ended in Jun. 2016 was 20.10.

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. Baltimore Gas & Electric Co's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.08.

Baltimore Gas & Electric Co Inventory Turnover Historical Data

The historical data trend for Baltimore Gas & Electric Co's Inventory Turnover 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.

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Baltimore Gas & Electric Co Inventory Turnover Chart

Baltimore Gas & Electric Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Inventory Turnover

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22.89

14.41

17.44

16.87

16.73

Baltimore Gas & Electric Co Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Inventory Turnover	Get a 7-Day Free Trial															4.23	4.41	3.67	6.17	4.54

Baltimore Gas & Electric Co Inventory Turnover Calculation

Baltimore Gas & Electric Co's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Inventory Turnover (A: Dec. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2015 )	/ (	(Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )
=	1305	/ (	(87	+	69)	/	2 )
=	1305	/	78
=	16.73

Baltimore Gas & Electric Co's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

	Inventory Turnover (Q: Jun. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2016 )	/ (	(Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )
=	261	/ (	(52	+	63)	/	2 )
=	261	/	57.5
=	4.54

Baltimore Gas & Electric Co (OTCPK:BGLEH.PFD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Baltimore Gas & Electric Co's Days Inventory for the three months ended in Jun. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2016 )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
	=	57.5	/	261	*	365 / 4
	=	20.10

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.

Baltimore Gas & Electric Co's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2016 )	/	Revenue (Q: Jun. 2016 )
	=	57.5	/	680
	=	0.08

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Baltimore Gas & Electric Co Inventory Turnover Related Terms

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Baltimore Gas & Electric Co (Baltimore Gas & Electric Co) Business Description

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Baltimore Gas and Electric Company is a Maryland Corporation. It is an electric transmission and distribution utility company and a gas distribution utility company with a service territory that covers the City of Baltimore and all or part of ten counties in central Maryland. It is regulated by the Maryland PSC and Federal Energy Regulatory Commission (FERC) with respect to rates and other aspects of its business. The Company's electric service territory includes an area of approximately 2,300 square miles. There are no municipal or cooperative wholesale customers within BGE's service territory. The Company's gas service territory includes an area of approximately 800 square miles. The Company's electric and gas revenues come from many customers -residential, commercial, and industrial.

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