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Rede Energia Participacoes (BSP:REDE3) Change In Inventory : R$2 Mil (TTM As of Mar. 2024)


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What is Rede Energia Participacoes Change In Inventory?

Rede Energia Participacoes's change in inventory for the quarter that ended in Mar. 2024 was R$-0 Mil. It means Rede Energia Participacoes's inventory increased by R$0 Mil from Dec. 2023 to Mar. 2024 .

Rede Energia Participacoes's change in inventory for the fiscal year that ended in Dec. 2023 was R$3 Mil. It means Rede Energia Participacoes's inventory declined by R$3 Mil from Dec. 2022 to Dec. 2023 .

Rede Energia Participacoes's Total Inventories for the quarter that ended in Mar. 2024 was R$60 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rede Energia Participacoes's Days Inventory for the quarter that ended in Mar. 2024 was 1.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rede Energia Participacoes's Inventory Turnover for the quarter that ended in Mar. 2024 was 48.81.

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. Rede Energia Participacoes's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.


Rede Energia Participacoes Change In Inventory Historical Data

The historical data trend for Rede Energia Participacoes's Change In 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.

Rede Energia Participacoes Change In Inventory Chart

Rede Energia Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.98 6.65 -0.40 -8.93 2.99

Rede Energia Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In 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 0.60 -2.71 2.29 2.81 -0.43

Rede Energia Participacoes Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2 Mil.

* 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.


Rede Energia Participacoes  (BSP:REDE3) Change In Inventory Explanation

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

Rede Energia Participacoes's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=59.3125/2895.278*365 / 4
=1.87

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

Rede Energia Participacoes's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

3. 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.

Rede Energia Participacoes's Inventory to Revenue for the quarter that ended in Mar. 2024 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.


Rede Energia Participacoes Change In Inventory Related Terms

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Rede Energia Participacoes (BSP:REDE3) Business Description

Traded in Other Exchanges
N/A
Address
Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901
Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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