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Societatea Energetica Electrica (BSE:EL) Days Inventory : 6.89 (As of Jun. 2024)


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What is Societatea Energetica Electrica Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Societatea Energetica Electrica's Average Total Inventories for the three months ended in Jun. 2024 was lei112 Mil. Societatea Energetica Electrica's Cost of Goods Sold for the three months ended in Jun. 2024 was lei1,481 Mil. Hence, Societatea Energetica Electrica's Days Inventory for the three months ended in Jun. 2024 was 6.89.

The historical rank and industry rank for Societatea Energetica Electrica's Days Inventory or its related term are showing as below:

BSE:EL' s Days Inventory Range Over the Past 10 Years
Min: 1.93   Med: 3.57   Max: 6.6
Current: 6.6

During the past 13 years, Societatea Energetica Electrica's highest Days Inventory was 6.60. The lowest was 1.93. And the median was 3.57.

BSE:EL's Days Inventory is ranked better than
81.57% of 445 companies
in the Utilities - Regulated industry
Industry Median: 24.02 vs BSE:EL: 6.60

Societatea Energetica Electrica's Days Inventory increased from Mar. 2023 (3.22) to Jun. 2024 (6.89). It might indicate that Societatea Energetica Electrica's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Societatea Energetica Electrica's Inventory Turnover for the three months ended in Jun. 2024 was 13.25.

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. Societatea Energetica Electrica's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.06.


Societatea Energetica Electrica Days Inventory Historical Data

The historical data trend for Societatea Energetica Electrica's Days 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.

Societatea Energetica Electrica Days Inventory Chart

Societatea Energetica Electrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 5.57 4.13 3.03 4.11

Societatea Energetica Electrica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
Days 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 3.22 3.76 4.74 4.44 6.89

Competitive Comparison of Societatea Energetica Electrica's Days Inventory

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Societatea Energetica Electrica's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Days Inventory distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Days Inventory falls into.


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Societatea Energetica Electrica Days Inventory Calculation

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

Societatea Energetica Electrica's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (113.972 + 115.66) / 2 ) / 10192.768*365
=114.816 / 10192.768*365
=4.11

Societatea Energetica Electrica's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (115.66 + 107.929) / 2 ) / 1481.213*365 / 4
=111.7945 / 1481.213*365 / 4
=6.89

* 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.


Societatea Energetica Electrica  (BSE:EL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Societatea Energetica Electrica's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

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.

Societatea Energetica Electrica's Inventory to Revenue for the three months ended in Jun. 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Societatea Energetica Electrica Days Inventory Related Terms

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Societatea Energetica Electrica Business Description

Traded in Other Exchanges
Address
No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.