Constellation Energy (Constellation Energy) Days Inventory

: 24.51 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Constellation Energy's Average Total Inventories for the three months ended in Dec. 2023 was $1,461 Mil. Constellation Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,440 Mil. Hence, Constellation Energy's Days Inventory for the three months ended in Dec. 2023 was 24.51.

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

CEG' s Days Inventory Range Over the Past 10 Years
Min: 22.85 Med: 27.28 Max: 30.59
Current: 24.1

During the past 6 years, Constellation Energy's highest Days Inventory was 30.59. The lowest was 22.85. And the median was 27.28.

CEG's Days Inventory is ranked better than
57.14% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.02 vs CEG: 24.10

Constellation Energy's Days Inventory increased from Dec. 2022 (19.12) to Dec. 2023 (24.51). It might indicate that Constellation Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Constellation Energy's Inventory Turnover for the three months ended in Dec. 2023 was 3.72.

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. Constellation Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.

Constellation Energy Days Inventory Historical Data

The historical data trend for Constellation 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.

Constellation Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

29.58

30.59

27.28

22.85

25.29

Constellation Energy Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory												19.12	18.15	28.55	27.15	24.51

Competitive Comparison

For the Utilities - Renewable subindustry, Constellation 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.

Constellation Energy Days Inventory Distribution

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

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

Constellation Energy Days Inventory Calculation

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

Constellation 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
=	( (1505	+	1500)	/	2 )	/	21686	*	365
=	1502.5					/	21686	*	365
=	25.29

Constellation Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1422	+	1500)	/	2 )	/	5440	*	365 / 4
=	1461					/	5440	*	365 / 4
=	24.51

Constellation Energy (NAS:CEG) 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.

Constellation Energy's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5440	/	1461
	=	3.72

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.

Constellation Energy's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1461	/	5796
	=	0.25

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.

Constellation Energy Days Inventory Related Terms

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

Constellation Energy (Constellation Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Constellation Energy Corp (NAS:CEG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CEG:Mexico E7S:Germany E7S:Germany

Address

1310 Point Street, Baltimore, MD, USA, 21231

Website

https://www.constellation.com

Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

Executives

Charles L. Harrington	director	5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Laurie Brlas	director	C/O ALBEMARLE CORPORATION, 4250 CONGRESS ST STE 900, CHARLOTTE NC 28209
Julie Holzrichter	director	20 S. WACKER DRIVE, CHICAGO IL 60606
John M Richardson	director	10 S. DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Bradley M Halverson	director	100 N.E. ADAMS STREET, PEORIA IL 61629
Dhiaa M. Jamil	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert J Lawless	director	C/O CARPENTER TECHNOLOGY CORP, 1047 NORTH PARK ROAD, WYOMISSING PA 19610
De Balmann Yves C	director	360 MADISON AVE 20TH FL, C/O BREGAL INVESTMENTS, NEW YORK NY 10017
Khandpur K Ashish	director	3M COMPANY LEGAL AFFAIRS, 3M CENTER, ST PAUL MN 55144-1000
Nneka Louise Rimmer	director	18 LOVETON CIRCLE, SPARKS MD 21152
Michael Koehler	officer: EVP & Chief Admin Officer	1310 POINT STREET, BALTIMORE MD 21231
Matthew N Bauer	officer: SVP & Controller	1310 POINT STREET, BALTIMORE MD 21231
Kathleen Barron	officer: EVP & Chief Strategy Officer	1310 POINT STREET, BALTIMORE MD 21231
David O. Dardis	officer: EVP & General Counsel	1310 POINT STREET, BALTIMORE MD 21231
Daniel L. Eggers	officer: EVP & CFO	1310 POINT STREET, BALTIMORE MD 21231