Days Inventory is also known as Days Sales of Inventory (DSI). Xcel Energy's Average Total Inventories for the
three
months ended in Mar. 2024 was $667 Mil. Xcel Energy's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $2,044 Mil.
Hence, Xcel Energy's Days Inventory for the
three
months ended in Mar. 2024 was 29.78.
The historical rank and industry rank for Xcel Energy's Days Inventory or its related term are showing as below:
XEL'
s Days Inventory Range Over the Past 10 Years
Min: 26.04 Med: 29.92 Max: 33.59
Current: 30.8
During the past 13 years, Xcel Energy's highest Days Inventory was 33.59. The lowest was 26.04. And the median was 29.92.
XEL's Days Inventory is ranked worse than 62.55% of 462
companies
in the Utilities - Regulated industry
Industry Median: 22.91
vs XEL: 30.80
Xcel Energy's Days Inventory
increased
from Mar. 2023 (24.06) to Mar. 2024 (29.78).
It might indicate that Xcel Energy's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Xcel Energy's Inventory Turnover for the
three
months ended in Mar. 2024 was 3.06.
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.
Xcel Energy's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.18.
Xcel Energy Days Inventory Historical Data
The historical data trend for Xcel 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.
Competitive Comparison of Xcel Energy's Days Inventory
For the Utilities - Regulated Electric subindustry, Xcel 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.
Xcel Energy's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Xcel Energy's Days Inventory distribution charts can be found below:
* The bar in red indicates where Xcel Energy's Days Inventory falls into.
Xcel Energy Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Xcel Energy's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Xcel Energy (NAS:XEL) 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.
Xcel Energy'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.
Xcel Energy'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.
Xcel Energy Days Inventory Related Terms
Thank you for viewing the detailed overview of Xcel Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.
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