OGE Energy (OGE Energy) Change In Inventory : $413 Mil (TTM As of Dec. 2023)

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What is OGE Energy Change In Inventory?

OGE Energy's change in inventory for the quarter that ended in Dec. 2023 was $16 Mil. It means OGE Energy's inventory declined by $16 Mil from Sep. 2023 to Dec. 2023 .

OGE Energy's change in inventory for the fiscal year that ended in Dec. 2023 was $413 Mil. It means OGE Energy's inventory declined by $413 Mil from Dec. 2022 to Dec. 2023 .

OGE Energy's Total Inventories for the quarter that ended in Dec. 2023 was $413 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OGE Energy's Days Inventory for the quarter that ended in Dec. 2023 was 110.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. OGE Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.

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. OGE Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

OGE Energy Change In Inventory Historical Data

The historical data trend for OGE Energy's Change In 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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OGE Energy Change In Inventory Chart

OGE Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-28.80

54.40

-183.90

-493.10

412.60

OGE Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-53.30	106.80	165.40	124.80	15.60

OGE Energy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $413 Mil.

OGE Energy (NYSE:OGE) Change In Inventory Explanation

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

OGE Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	383.5	/	316.7	*	365 / 4
	=	110.50

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

OGE Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	316.7	/	383.5
	=	0.83

3. 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.

OGE Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	383.5	/	566.7
	=	0.68

OGE Energy Change In Inventory Related Terms

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OGE Energy (OGE Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OGE Energy Corp (NYSE:OGE) » Definitions » Change In Inventory

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PNW IDA POR PNM MGEE EVRG HE LNT GNE VIA NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

OG5:Germany

Address

321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321

Website

https://www.ogeenergy.com

OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold is retail gas business in 1928 and no longer has any gas operations.

Executives

David L Hauser	director	704-731-1522, CHARLOTTE NC 28209-4674
Cathy R. Gates	director	C/O TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
David E Rainbolt	director	C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Whitfield Johnny W Jr	officer: VP Bus Intel, Supp Chain-OG&E	PO BOX 321, OKLAHOMA CITY OK 73101
Keith E Erickson	officer: VP Sales & Cust Oper (OG&E)	PO BOX 321, OKLAHOMA CITY OK 73101
Cristina F Mcquistion	officer: VP Process & Perf Improvement	P.O. BOX 321, OKLAHOMA CITY OK 73101
Patricia D Horn	officer: VP-Gov, Env; Corp Sec	PO BOX 321, OKLAHOMA CITY OK 73101
David A Parker	officer: VP- Tech, Data, Security-OG&E	PO BOX 321, OKLAHOMA CITY OK 73101
Kissam Luther C Iv	director	3801 BERESFORD ROAD, CHARLOTTE NC 28211
Christine Ostendorf Woodworth	officer: VP- Corp Com Brand & Marketing	C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
J. Michael Sanner	director	3701 STONEHURST, JONES OK 73049
Scott A Briggs	officer: VP- Human Resources-OG&E	PO BOX 321, OKLAHOMA CITY OK 73103
Robert J Burch	officer: VP- Utility Technical Services	PO BOX 321, OKLAHOMA CITY OK 73101
Matthew J Schuermann	officer: VP- Power Supply Ops-OG&E	PO BOX 321, OKLAHOMA CITY OK 73101
William Bryan Buckler	officer: Chief Financial Officer	C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73103