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Consumers Energy Co (Consumers Energy Co) Change In Inventory : $55.00 Mil (TTM As of Mar. 2024)


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What is Consumers Energy Co Change In Inventory?

Consumers Energy Co's change in inventory for the quarter that ended in Mar. 2024 was $258.00 Mil. It means Consumers Energy Co's inventory declined by $258.00 Mil from Dec. 2023 to Mar. 2024 .

Consumers Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was $186.00 Mil. It means Consumers Energy Co's inventory declined by $186.00 Mil from Dec. 2022 to Dec. 2023 .

Consumers Energy Co's Total Inventories for the quarter that ended in Mar. 2024 was $664.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Consumers Energy Co's Days Inventory for the quarter that ended in Mar. 2024 was 61.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Consumers Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.48.

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. Consumers Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.38.


Consumers Energy Co Change In Inventory Historical Data

The historical data trend for Consumers Energy Co'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.

Consumers Energy Co Change In Inventory Chart

Consumers Energy Co 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 44.00 28.00 -90.00 -447.00 186.00

Consumers Energy Co 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 389.00 -153.00 -172.00 122.00 258.00

Consumers Energy Co 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 $55.00 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.


Consumers Energy Co  (NYSE:CMSpB.PFD) Change In Inventory Explanation

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

Consumers Energy Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=794/1177*365 / 4
=61.56

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

Consumers Energy Co'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.

Consumers Energy Co'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.


Consumers Energy Co Change In Inventory Related Terms

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Consumers Energy Co (Consumers Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
One Energy Plaza, Jackson, MI, USA, 49201
Consumers Energy Co operates as an electric and gas utility in Michigan. The business activity of the group is functioned through three segments namely Electric Utility, Gas Utility, and Enterprises, its non-utility operations and investments. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity. The Gas Utility segment is comprised of the purchase, transmission, storage, distribution, and sale of natural gas. The group primarily serves residential, commercial, and industrial customers. Geographically, it operates through the region of Michigan, US.
Executives
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Tonya L Berry officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Scott B Mcintosh officer: VP, Controller, CAO ONE ENERGY PLAZA, JACKSON MI 49201
Leeroy Jr Wells officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Ronald J Tanski director NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Shaun M Johnson officer: SVP and General Counsel ONE ENERGY PLAZA, JACKSON MI 49201
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Brandon J. Hofmeister officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Rejji P Hayes officer: EVP/CFO ONE ENERGY PLAZA, JACKSON MI 49201
Jean-francois Brossoit officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Catherine A Hendrian officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Dhenuvakonda Rao Venkat officer: Senior Vice President ONE ENERGY PLAZA, JACKSON MI 49201
Brian F Rich officer: SVP and CIO ONE ENERGY PLAZA, JACKSON MI 49201
John G Sznewajs director 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Garrick J Rochow officer: Vice President ONE ENERGY PLAZA, JACKSON MI 49201

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