Origin Energy (Origin Energy) Inventory Turnover : 30.55 (As of Dec. 2023)

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What is Origin Energy Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Origin Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was $4,126 Mil. Origin Energy's Average Total Inventories for the quarter that ended in Dec. 2023 was $135 Mil. Origin Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 30.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Origin Energy's Days Inventory for the six months ended in Dec. 2023 was 5.97.

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. Origin Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Origin Energy Inventory Turnover Historical Data

The historical data trend for Origin Energy's Inventory Turnover 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.

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Origin Energy Inventory Turnover Chart

Origin Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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69.60

71.11

78.62

87.81

78.19

Origin Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															46.17	46.85	28.24	21.95	30.55

Origin Energy Inventory Turnover Calculation

Origin Energy's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	9722.819	/ (	(127.899	+	120.805)	/	2 )
=	9722.819	/	124.352
=	78.19

Origin Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	4125.837	/ (	(120.805	+	149.264)	/	2 )
=	4125.837	/	135.0345
=	30.55

Origin Energy (OTCPK:OGFGY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Origin Energy's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	135.0345	/	4125.837	*	365 / 2
	=	5.97

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.

Origin Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	135.0345	/	5352.075
	=	0.03

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Origin Energy Inventory Turnover Related Terms

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Origin Energy (Origin Energy) Business Description

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OGFGF:USA ORL:Germany ORG:Australia

Address

100 Barangaroo Avenue, Level 32, Tower 1, Barangaroo, Sydney, NSW, AUS, 2000

Website

https://www.originenergy.com.au

Origin Energy is a major vertically integrated Australian energy utility. Its energy retailing business is the largest in Australia, with about 4 million customers and a 33% market share. Its portfolio of base-load, intermediate, and peaking electricity plants is one of the largest in the national electricity market, with a capacity of 6,000 megawatts. Origin also operates and owns 27.5% of Australia Pacific LNG, which owns large coal seam gas fields and LNG export facilities in Queensland.

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