CMS (CMS Energy) Days Inventory: 39.50 (As of Mar. 2026) — 31% Below Median


CMS CMS Energy Corp CMS
75 GF Score
Price $78.81
GF Value $76.06
Valuation Fairly Valued
! 11 Warning Signs
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What is CMS Energy Days Inventory?

CMS Energy CMS +2.22% 75 Days Inventory is 39.50 as of Mar. 2026, which is 31% below its 10-year median of 56.96. GuruFocus rates CMS with a GF Score™ of 75/100 and a GF Value™ of $76.06 (Fairly Valued). The stock has 11 warning signs investors should review. Among 450 Utilities - Regulated companies, CMS Energy ranks worse than 74% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). CMS Energy's Average Total Inventories for the three months ended in Mar. 2026 was $717 Mil. CMS Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,655 Mil. Hence, CMS Energy's Days Inventory for the three months ended in Mar. 2026 was 39.50.

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

CMS' s Days Inventory Range Over the Past 10 Years
Min: 48.47   Med: 56.96   Max: 81.53
Current: 50.83

During the past 13 years, CMS Energy's highest Days Inventory was 81.53. The lowest was 48.47. And the median was 56.96.

CMS's Days Inventory is ranked worse than
74% of 450 companies
in the Utilities - Regulated industry
Industry Median: 22.535 vs CMS: 50.83

CMS Energy's Days Inventory declined from Mar. 2025 (43.87) to Mar. 2026 (39.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. CMS Energy's Inventory Turnover for the three months ended in Mar. 2026 was 2.31.

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. CMS Energy's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.26.


CMS Energy  (NYSE:CMS) 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.

CMS Energy's Inventory Turnover for the three months ended in Mar. 2026 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.

CMS Energy's Inventory to Revenue for the three months ended in Mar. 2026 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.


CMS Energy Days Inventory Related Terms


CMS Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for CMS Energy'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.

CMS Energy Days Inventory Chart

CMS Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.47 55.81 81.53 72.35 57.02

CMS Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 43.87 53.42 65.31 58.51 39.50

CMS vs ES, EVRG, LNT: Days Inventory Comparison

For the Utilities - Regulated Electric subindustry, CMS Energy'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.


CMS Energy Days Inventory vs Utilities - Regulated Industry

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

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


CMS
75GF Score
CMS Energy Corp CMS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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CMS Energy Days Inventory Calculation

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

CMS Energy's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (769 + 791) / 2 ) / 4993*365
=780 / 4993*365
=57.02

CMS Energy's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (791 + 642) / 2 ) / 1655*365 / 4
=716.5 / 1655*365 / 4
=39.50

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 39.50 mean?
CMS Energy (CMS) has a Days Inventory of 39.50 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CMS Energy and its competitors. This is 31% below median its historical median of 56.96. Over the past decade, CMS Energy's Days Inventory has ranged from 48.47 to 81.53. According to the industry distribution chart, CMS Energy ranks #333 out of 450 companies in the Utilities - Regulated industry, placing it in the top 74%.
Is CMS Energy's Days Inventory too high?
CMS Energy's current Days Inventory of 39.50 is 31% below median its 10-year median of 56.96. Over the past 10 years, this metric has ranged from a low of 48.47 to a high of 81.53. The Utilities - Regulated industry median Days Inventory is 22.54. CMS Energy's value of 39.50 is 75.3% above this industry median. Based on the distribution chart, CMS Energy ranks #333 out of 450 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CMS Energy has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Days Inventory compare to ES and EVRG?
According to the Utilities - Regulated industry distribution chart, CMS Energy ranks #333 out of 450 companies for Days Inventory. This places CMS Energy in the lower half of its industry. The industry median Days Inventory is 22.54. CMS Energy's value of 39.50 is 75.3% above this benchmark. Historically, CMS Energy's own Days Inventory has ranged from 48.47 to 81.53 over the past decade. While the company's 10-year median is 56.96 vs. the industry median of 22.54, CMS Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.54, based on 450 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMS Energy's current Days Inventory of 39.50 is 75.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CMS Energy and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMS Energy's current Days Inventory is 39.50, which is 31% below median its own 10-year median of 56.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $76.06, compared to a current price of $78.81 — trading 3.6% above its estimated fair value. The current Days Inventory is 39.50, which is 31% below median its 10-year median of 56.96 and 75.3% above the Utilities - Regulated industry median of 22.54. CMS Energy's overall GF Score™ is 75/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For CMS Energy (CMS), the current Days Inventory is 39.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMS Energy (CMS) Overvalued in 2026?

Based on GuruFocus' analysis, CMS Energy stock appears to be overvalued. The current stock price of $78.81 is trading 3.6% above its estimated GF Value™ of $76.06. GuruFocus considers CMS Energy to be Fairly Valued.

Key valuation signals for CMS:

  • Days Inventory: 39.50 (31% below median its 10-year median of 56.96)
  • GF Value™: $76.06 vs. price of $78.81 (3.6% above fair value)
  • GF Score™: 75/100 with 11 warning signs
  • Industry Position: 75.3% above the Utilities - Regulated median (#333 of 450)

No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMS Energy Business Description

Address One Energy Plaza, Jackson, MI, USA, 49201
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
75GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$78.81
Price
$76.06
GF Value