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Genie Energy (LTS:0IUS) Days Inventory : 8.72 (As of Sep. 2024)


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What is Genie Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Genie Energy's Average Total Inventories for the three months ended in Sep. 2024 was $7.1 Mil. Genie Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was $74.0 Mil. Hence, Genie Energy's Days Inventory for the three months ended in Sep. 2024 was 8.72.

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

LTS:0IUS' s Days Inventory Range Over the Past 10 Years
Min: 10.19   Med: 22.11   Max: 37.96
Current: 15.81

During the past 13 years, Genie Energy's highest Days Inventory was 37.96. The lowest was 10.19. And the median was 22.11.

LTS:0IUS's Days Inventory is ranked better than
62.33% of 454 companies
in the Utilities - Regulated industry
Industry Median: 23.48 vs LTS:0IUS: 15.81

Genie Energy's Days Inventory declined from Sep. 2023 (18.20) to Sep. 2024 (8.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Genie Energy's Inventory Turnover for the three months ended in Sep. 2024 was 10.46.

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. Genie Energy's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.06.


Genie Energy Days Inventory Historical Data

The historical data trend for Genie 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.

* Premium members only.

Genie Energy Days Inventory Chart

Genie Energy 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 20.83 23.39 27.30 37.96 19.58

Genie Energy 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 18.20 19.14 17.56 19.17 8.72

Competitive Comparison of Genie Energy's Days Inventory

For the Utilities - Regulated Electric subindustry, Genie 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.


Genie Energy's Days Inventory Distribution in the Utilities - Regulated Industry

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

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



Genie Energy Days Inventory Calculation

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

Genie Energy'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
=( (15.714 + 14.598) / 2 ) / 282.502*365
=15.156 / 282.502*365
=19.58

Genie Energy'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
=( (5.637 + 8.513) / 2 ) / 74.01*365 / 4
=7.075 / 74.01*365 / 4
=8.72

* 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.


Genie Energy  (LTS:0IUS) 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.

Genie Energy'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.

Genie Energy's Inventory to Revenue for the three months ended in Sep. 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.


Genie Energy Days Inventory Related Terms

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


Genie Energy Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.

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