Equatorial Energia (BSP:EQTL3) Inventory Turnover : 99.94 (As of Mar. 2024)

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What is Equatorial Energia Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Equatorial Energia's Cost of Goods Sold for the three months ended in Mar. 2024 was R$13,539 Mil. Equatorial Energia's Average Total Inventories for the quarter that ended in Mar. 2024 was R$135 Mil. Equatorial Energia's Inventory Turnover for the quarter that ended in Mar. 2024 was 99.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Equatorial Energia's Days Inventory for the three months ended in Mar. 2024 was 0.91.

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. Equatorial Energia's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Equatorial Energia Inventory Turnover Historical Data

The historical data trend for Equatorial Energia's Inventory Turnover 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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Equatorial Energia Inventory Turnover Chart

Equatorial Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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456.89

300.74

137.84

76.79

139.16

Equatorial Energia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															55.37	27.17	63.30	-71.34	99.94

Equatorial Energia Inventory Turnover Calculation

Equatorial Energia's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	28839.209	/ (	(278.86	+	135.608)	/	2 )
=	28839.209	/	207.234
=	139.16

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	13538.86	/ (	(135.608	+	135.328)	/	2 )
=	13538.86	/	135.468
=	99.94

Equatorial Energia (BSP:EQTL3) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Equatorial Energia's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	135.468	/	13538.86	*	365 / 4
	=	0.91

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	135.468	/	19391.402
	=	0.01

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Equatorial Energia Inventory Turnover Related Terms

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Equatorial Energia (BSP:EQTL3) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Equatorial Energia SA (BSP:EQTL3) » Definitions » Inventory Turnover

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EQUEY:USA

Address

Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680

Website

https://www.equatorialenergia.com.br

Equatorial Energia SA is primarily a holding company engaged in the ownership of other firms in the electric energy generation and distribution industries in Brazil. Collectively, Equatorial Energia's main subsidiaries are involved in electric energy distribution, telecommunications, data transmission, electric energy generation, and the operation and implementation of thermoelectric power plants in the country. The company's operating segments are Distribution, Transmission, Services, Trading, Central Administration, and Others. Revenue from the provision of construction services is significant for Equatorial Energia SA.

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