Enbridge (TSX:ENB) Change In Inventory : C$0 Mil (TTM As of Sep. 2024)

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What is Enbridge Change In Inventory?

Enbridge's change in inventory for the quarter that ended in Sep. 2024 was C$0 Mil. It means Enbridge's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Enbridge's change in inventory for the fiscal year that ended in Dec. 2023 was C$763 Mil. It means Enbridge's inventory declined by C$763 Mil from Dec. 2022 to Dec. 2023 .

Enbridge's Total Inventories for the quarter that ended in Sep. 2024 was C$1,608 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enbridge's Days Inventory for the quarter that ended in Sep. 2024 was 13.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Enbridge's Inventory Turnover for the quarter that ended in Sep. 2024 was 6.99.

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. Enbridge's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.10.

Enbridge Change In Inventory Historical Data

The historical data trend for Enbridge'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.

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Enbridge Change In Inventory Chart

Enbridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-24.00

-254.00

-118.00

-599.00

763.00

Enbridge Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Enbridge 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

Enbridge (TSX:ENB) Change In Inventory Explanation

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

Enbridge's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1485	/	10383	*	365 / 4
	=	13.05

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

Enbridge's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10383	/	1485
	=	6.99

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.

Enbridge's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1485	/	14882
	=	0.10

Enbridge Change In Inventory Related Terms

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Enbridge Business Description

Industry

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Address

425 - 1st Street South West, Suite 200, Calgary, AB, CAN, T2P 3L8

Website

https://www.enbridge.com

Enbridge owns extensive midstream assets that transport hydrocarbons across the us and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.

Executives

Steven Walter Williams	Director
Colin Kenneth Gruending	Senior Officer
Teresa Smith Madden	Director
Susan Margaret Cunningham	Director
Jane Rowe	Director
Cynthia Lynn Hansen	Senior Officer
Dan Curtis Tutcher	Director
William Turner Yardley	Senior Officer
Matthew Allan Akman	Senior Officer
Vernon Dai-chung Yu	Senior Officer
Allen Carter Capps	Senior Officer
Byron Craig Neiles	Senior Officer
Robert Ross Rooney	Senior Officer
Marcel R. Coutu	Director
Bradley Francis Shamla	Senior Officer