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The AES (BSP:A1ES34) Days Inventory : 22.91 (As of Sep. 2024)


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What is The AES Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The AES's Average Total Inventories for the three months ended in Sep. 2024 was R$3,569 Mil. The AES's Cost of Goods Sold for the three months ended in Sep. 2024 was R$14,216 Mil. Hence, The AES's Days Inventory for the three months ended in Sep. 2024 was 22.91.

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

BSP:A1ES34' s Days Inventory Range Over the Past 10 Years
Min: 19.24   Med: 26.13   Max: 31.73
Current: 25.49

During the past 13 years, The AES's highest Days Inventory was 31.73. The lowest was 19.24. And the median was 26.13.

BSP:A1ES34's Days Inventory is ranked worse than
53.85% of 455 companies
in the Utilities - Regulated industry
Industry Median: 23.52 vs BSP:A1ES34: 25.49

The AES's Days Inventory declined from Sep. 2023 (28.26) to Sep. 2024 (22.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. The AES's Inventory Turnover for the three months ended in Sep. 2024 was 3.98.

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. The AES's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.20.


The AES Days Inventory Historical Data

The historical data trend for The AES'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.

The AES Days Inventory Chart

The AES 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 24.04 22.25 22.16 30.92 33.06

The AES Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 28.26 27.96 24.78 23.91 22.91

Competitive Comparison of The AES's Days Inventory

For the Utilities - Diversified subindustry, The AES'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.


The AES's Days Inventory Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where The AES's Days Inventory falls into.



The AES Days Inventory Calculation

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

The AES'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
=( (5533.897 + 3488.658) / 2 ) / 49801.567*365
=4511.2775 / 49801.567*365
=33.06

The AES's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (3560.212 + 3577.419) / 2 ) / 14215.532*365 / 4
=3568.8155 / 14215.532*365 / 4
=22.91

* 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.


The AES  (BSP:A1ES34) 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.

The AES's Inventory Turnover for the three months ended in Sep. 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.

The AES's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3568.8155 / 18213.824
=0.20

* 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.


The AES Days Inventory Related Terms

Thank you for viewing the detailed overview of The AES's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


The AES Business Description

Traded in Other Exchanges
Address
4300 Wilson Boulevard, 11th Floor, Arlington, VA, USA, 22203
AES is a global power company that operates in 15 countries. Its generation portfolio as of year-end 2023 totals over 35 gigawatts, including renewable energy (53%), gas (27%), coal (18%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to more than 2.5 million customers.

The AES Headlines

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