Empresa Electrica de Magallanes (XSGO:EDELMAG) Days Inventory : 40.75 (As of Dec. 2023)

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What is Empresa Electrica de Magallanes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Empresa Electrica de Magallanes's Average Total Inventories for the three months ended in Dec. 2023 was CLP3,678 Mil. Empresa Electrica de Magallanes's Cost of Goods Sold for the three months ended in Dec. 2023 was CLP8,235 Mil. Hence, Empresa Electrica de Magallanes's Days Inventory for the three months ended in Dec. 2023 was 40.75.

The historical rank and industry rank for Empresa Electrica de Magallanes's Days Inventory or its related term are showing as below:

XSGO:EDELMAG' s Days Inventory Range Over the Past 10 Years
Min: 4.86 Med: 9.99 Max: 37.22
Current: 36.2

During the past 13 years, Empresa Electrica de Magallanes's highest Days Inventory was 37.22. The lowest was 4.86. And the median was 9.99.

XSGO:EDELMAG's Days Inventory is ranked worse than
66.95% of 463 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs XSGO:EDELMAG: 36.20

Empresa Electrica de Magallanes's Days Inventory increased from Dec. 2022 (34.78) to Dec. 2023 (40.75). It might indicate that Empresa Electrica de Magallanes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Empresa Electrica de Magallanes's Inventory Turnover for the three months ended in Dec. 2023 was 2.24.

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. Empresa Electrica de Magallanes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.

Empresa Electrica de Magallanes Days Inventory Historical Data

The historical data trend for Empresa Electrica de Magallanes'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.

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Empresa Electrica de Magallanes Days Inventory Chart

Empresa Electrica de Magallanes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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7.69

21.20

31.82

34.85

37.22

Empresa Electrica de Magallanes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															34.78	34.81	33.18	38.06	40.75

Competitive Comparison of Empresa Electrica de Magallanes's Days Inventory

For the Utilities - Regulated Electric subindustry, Empresa Electrica de Magallanes'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.

Empresa Electrica de Magallanes's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Electrica de Magallanes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Empresa Electrica de Magallanes's Days Inventory falls into.

Empresa Electrica de Magallanes Days Inventory Calculation

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

Empresa Electrica de Magallanes'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
=	( (3357.705	+	3686.287)	/	2 )	/	34534.762	*	365
=	3521.996					/	34534.762	*	365
=	37.22

Empresa Electrica de Magallanes'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
=	( (3669.18	+	3686.287)	/	2 )	/	8234.827	*	365 / 4
=	3677.7335					/	8234.827	*	365 / 4
=	40.75

Empresa Electrica de Magallanes (XSGO:EDELMAG) 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.

Empresa Electrica de Magallanes's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8234.827	/	3677.7335
	=	2.24

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.

Empresa Electrica de Magallanes's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3677.7335	/	12688.104
	=	0.29

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.

Empresa Electrica de Magallanes Days Inventory Related Terms

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

Empresa Electrica de Magallanes (XSGO:EDELMAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Electrica de Magallanes SA (XSGO:EDELMAG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Croacia Numero 444, Punta Arenas, CHL, 621-2667

Website

http://www.edelmag.cl

Empresa Electrica de Magallanes SA is a Chile based firm. It is engaged in the generation, transmission, distribution and supply of electricity. The Company operates in the XII Region, with the provision of its services to the Magellan land and Chilean Antarctic, serving the communities of Punta Arenas.

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