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GEV (GE Vernova) Days Inventory : 87.00 (As of Dec. 2024)


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What is GE Vernova Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GE Vernova's Average Total Inventories for the three months ended in Dec. 2024 was $8,042 Mil. GE Vernova's Cost of Goods Sold for the three months ended in Dec. 2024 was $8,435 Mil. Hence, GE Vernova's Days Inventory for the three months ended in Dec. 2024 was 87.00.

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

GEV' s Days Inventory Range Over the Past 10 Years
Min: 89.55   Med: 93.99   Max: 98.99
Current: 98.99

During the past 4 years, GE Vernova's highest Days Inventory was 98.99. The lowest was 89.55. And the median was 93.99.

GEV's Days Inventory is ranked worse than
79.64% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 32.15 vs GEV: 98.99

GE Vernova's Days Inventory increased from Dec. 2023 (78.74) to Dec. 2024 (87.00). It might indicate that GE Vernova's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. GE Vernova's Inventory Turnover for the three months ended in Dec. 2024 was 1.05.

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. GE Vernova's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.76.


GE Vernova Days Inventory Historical Data

The historical data trend for GE Vernova'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.

GE Vernova Days Inventory Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Inventory
- 93.99 89.55 94.99

GE Vernova Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only 78.74 111.50 111.14 95.73 87.00

Competitive Comparison of GE Vernova's Days Inventory

For the Utilities - Renewable subindustry, GE Vernova'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.


GE Vernova's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GE Vernova's Days Inventory distribution charts can be found below:

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


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GE Vernova Days Inventory Calculation

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

GE Vernova's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (7199 + 7818) / 2 ) / 28850*365
=7508.5 / 28850*365
=94.99

GE Vernova's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (8266 + 7818) / 2 ) / 8435*365 / 4
=8042 / 8435*365 / 4
=87.00

* 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.


GE Vernova  (NYSE:GEV) 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.

GE Vernova's Inventory Turnover for the three months ended in Dec. 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.

GE Vernova's Inventory to Revenue for the three months ended in Dec. 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.


GE Vernova Days Inventory Related Terms

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


GE Vernova Business Description

Traded in Other Exchanges
Address
58 Charles Street, Cambridge, MA, USA, 02141
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.