Enel Americas (XSGO:ENELAM) Inventory Turnover : 3.82 (As of Mar. 2024)

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What is Enel Americas 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. Enel Americas's Cost of Goods Sold for the three months ended in Mar. 2024 was CLP1,635,404 Mil. Enel Americas's Average Total Inventories for the quarter that ended in Mar. 2024 was CLP427,991 Mil. Enel Americas's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Enel Americas's Days Inventory for the three months ended in Mar. 2024 was 23.88.

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

Enel Americas Inventory Turnover Historical Data

The historical data trend for Enel Americas'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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Enel Americas Inventory Turnover Chart

Enel Americas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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24.15

17.44

20.93

15.24

14.70

Enel Americas 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															3.11	3.46	3.88	3.79	3.82

Enel Americas Inventory Turnover Calculation

Enel Americas'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 )
=	6682099.55	/ (	(474642.038	+	434633.069)	/	2 )
=	6682099.55	/	454637.5535
=	14.70

Enel Americas'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 )
=	1635403.709	/ (	(434633.069	+	421348.516)	/	2 )
=	1635403.709	/	427990.7925
=	3.82

Enel Americas (XSGO:ENELAM) 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.

Enel Americas'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
	=	427990.7925	/	1635403.709	*	365 / 4
	=	23.88

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.

Enel Americas'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 )
	=	427990.7925	/	2690731.279
	=	0.16

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.

Enel Americas Inventory Turnover Related Terms

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Enel Americas (XSGO:ENELAM) Business Description

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Address

Santa Rosa 76, Santiago, CHL, 1557

Website

https://www.enelamericas.com

Enel Americas has electricity generation, transmission, and distribution businesses in Argentina, Brazil, Colombia, Peru, Guatemala, Panama, and Costa Rica. As of December 31, 2021, company had 15,926 MW of net installed generation capacity and approximately 26.2 million distribution customers. The net installed generation capacity is comprised of 248 generation units, of which 42.3% are hydroelectric, 31.4% are thermal, 14.4% are wind, and 11.9% are solar power plants. As of and for the year ended December 31, 2021, company had consolidated assets of US$ 34,959 million and operating revenues of US$ 16,192 million.

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