FirstEnergy (FirstEnergy) Change In Inventory : $-81 Mil (TTM As of Mar. 2024)

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What is FirstEnergy Change In Inventory?

FirstEnergy's change in inventory for the quarter that ended in Mar. 2024 was $-26 Mil. It means FirstEnergy's inventory increased by $26 Mil from Dec. 2023 to Mar. 2024 .

FirstEnergy's change in inventory for the fiscal year that ended in Dec. 2023 was $-91 Mil. It means FirstEnergy's inventory increased by $91 Mil from Dec. 2022 to Dec. 2023 .

FirstEnergy's Total Inventories for the quarter that ended in Mar. 2024 was $538 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FirstEnergy's Days Inventory for the quarter that ended in Mar. 2024 was 41.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. FirstEnergy's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.17.

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. FirstEnergy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

FirstEnergy Change In Inventory Historical Data

The historical data trend for FirstEnergy's Change In 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.

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FirstEnergy Change In Inventory Chart

FirstEnergy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-37.00

-32.00

57.00

-161.00

-91.00

FirstEnergy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-36.00	8.00	-32.00	-31.00	-26.00

FirstEnergy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-81 Mil.

FirstEnergy (NYSE:FE) Change In Inventory Explanation

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

FirstEnergy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	525	/	1141	*	365 / 4
	=	41.99

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

FirstEnergy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1141	/	525
	=	2.17

3. 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.

FirstEnergy's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	525	/	3287
	=	0.16

FirstEnergy Change In Inventory Related Terms

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FirstEnergy (FirstEnergy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FirstEnergy Corp (NYSE:FE) » Definitions » Change In Inventory

Comparable Companies

ETR DTE ES PPL AEE WEC CNP CMS EIX XEL NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

FE7:Germany

Address

76 South Main Street, Akron, OH, USA, 44308

Website

https://www.firstenergycorp.com

FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

Executives

Christine Walker	officer: VP, Human Resources	76 SOUTH MAIN STREET, AKRON OH 44308
Brian X Tierney	director, officer: President and CEO	76 S. MAIN ST., AKRON OH 44308
Jana T Croom	director	1205 KIMBALL BLVD., JASPER IN 47546
Sean Klimczak	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Paul J Kaleta	director	P O BOX 30150, RENO NV 89520
Lisa Winston Hicks	director	76 S. MAIN ST, AKRON OH 44308
Melvin D. Williams	director	76 SOUTH MAIN STREET, AKRON OH 44308
Jesse Lynn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Somerhalder John W Ii	director, officer: Vice Chair & Exec Director	76 SOUTH MAIN STREET, AKRON OH 44308
Hyun Park	officer: SVP & CLO	76 SOUTH MAIN STREET, AKRON OH 44308
Christopher D Pappas	director	C/O 76 SOUTH MAIN STREET, AKRON OH 44308
Leila L Vespoli	officer: Sr. Vice Pres & Gen. Counsel	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
James F Pearson	officer: Treasurer	76 SOUTH MAIN STREET, AKRON OH 44308
Leslie M Turner	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17036