GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Enterprise Group Inc (LTS:0KS2) » Definitions » Days Inventory

Public Service Enterprise Group (LTS:0KS2) Days Inventory : 49.83 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Public Service Enterprise Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Public Service Enterprise Group's Average Total Inventories for the three months ended in Mar. 2024 was $972 Mil. Public Service Enterprise Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,780 Mil. Hence, Public Service Enterprise Group's Days Inventory for the three months ended in Mar. 2024 was 49.83.

The historical rank and industry rank for Public Service Enterprise Group's Days Inventory or its related term are showing as below:

LTS:0KS2' s Days Inventory Range Over the Past 10 Years
Min: 43.22   Med: 52.78   Max: 58.44
Current: 51.31

During the past 13 years, Public Service Enterprise Group's highest Days Inventory was 58.44. The lowest was 43.22. And the median was 52.78.

LTS:0KS2's Days Inventory is ranked worse than
77.39% of 460 companies
in the Utilities - Regulated industry
Industry Median: 23.485 vs LTS:0KS2: 51.31

Public Service Enterprise Group's Days Inventory increased from Mar. 2023 (41.88) to Mar. 2024 (49.83). It might indicate that Public Service Enterprise Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Public Service Enterprise Group's Inventory Turnover for the three months ended in Mar. 2024 was 1.83.

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. Public Service Enterprise Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.35.


Public Service Enterprise Group Days Inventory Historical Data

The historical data trend for Public Service Enterprise Group'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.

Public Service Enterprise Group Days Inventory Chart

Public Service Enterprise Group 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 50.64 52.49 44.02 43.22 56.46

Public Service Enterprise Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.88 52.80 51.02 56.34 49.83

Competitive Comparison of Public Service Enterprise Group's Days Inventory

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group'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.


Public Service Enterprise Group's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Public Service Enterprise Group's Days Inventory falls into.



Public Service Enterprise Group Days Inventory Calculation

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

Public Service Enterprise Group'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
=( (960 + 1023) / 2 ) / 6410*365
=991.5 / 6410*365
=56.46

Public Service Enterprise Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1023 + 921) / 2 ) / 1780*365 / 4
=972 / 1780*365 / 4
=49.83

* 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.


Public Service Enterprise Group  (LTS:0KS2) 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.

Public Service Enterprise Group's Inventory Turnover for the three months ended in Mar. 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.

Public Service Enterprise Group's Inventory to Revenue for the three months ended in Mar. 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.


Public Service Enterprise Group Days Inventory Related Terms

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


Public Service Enterprise Group (LTS:0KS2) Business Description

Traded in Other Exchanges
Address
80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.2 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.

Public Service Enterprise Group (LTS:0KS2) Headlines

No Headlines