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DTE Energy Co (FRA:DGY) Change In Inventory : €-221 Mil (TTM As of Mar. 2024)


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What is DTE Energy Co Change In Inventory?

DTE Energy Co's change in inventory for the quarter that ended in Mar. 2024 was €6 Mil. It means DTE Energy Co's inventory declined by €6 Mil from Dec. 2023 to Mar. 2024 .

DTE Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was €-101 Mil. It means DTE Energy Co's inventory increased by €101 Mil from Dec. 2022 to Dec. 2023 .

DTE Energy Co's Total Inventories for the quarter that ended in Mar. 2024 was €965 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DTE Energy Co's Days Inventory for the quarter that ended in Mar. 2024 was 43.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. DTE Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.08.

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. DTE Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

DTE Energy Co Change In Inventory Historical Data

The historical data trend for DTE 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.

DTE Energy Co Change In Inventory Chart

DTE 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 53.10 36.99 -135.41 -92.51 -100.87

DTE 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 124.22 -121.84 -160.23 55.02 6.44

DTE 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 €-221 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.

DTE Energy Co  (FRA:DGY) Change In Inventory Explanation

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

DTE 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
=965.799/2004.68*365 / 4
=43.96

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

DTE Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2004.68 / 965.799
=2.08

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.

DTE Energy Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=965.799 / 2980.8
=0.32

* 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.

DTE Energy Co Change In Inventory Related Terms

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DTE Energy Co (FRA:DGY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » DTE Energy Co (FRA:DGY) » Definitions » Change In Inventory
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ETR FE ES PPL AEE WEC EIX CNP CMS XEL NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG
Traded in Other Exchanges
DTE:USA DGY:Germany
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
Website
https://www.dteenergy.com
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

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