Days Inventory is also known as Days Sales of Inventory (DSI). CPFL Energia's Average Total Inventories for the
three
months ended in Dec. 2023 was R$156 Mil. CPFL Energia's Cost of Goods Sold for the
three
months ended in Dec. 2023 was R$19,823 Mil.
Hence, CPFL Energia's Days Inventory for the
three
months ended in Dec. 2023 was 0.72.
The historical rank and industry rank for CPFL Energia's Days Inventory or its related term are showing as below:
BSP:CPFE3'
s Days Inventory Range Over the Past 10 Years
Min: 0.42 Med: 1.28 Max: 2.39
Current: 1.77
During the past 13 years, CPFL Energia's highest Days Inventory was 2.39. The lowest was 0.42. And the median was 1.28.
BSP:CPFE3's Days Inventory is ranked better than 89.89% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.62
vs BSP:CPFE3: 1.77
CPFL Energia's Days Inventory
declined
from Dec. 2022 (0.79) to Dec. 2023 (0.72).
Inventory Turnover measures how fast the company turns over its inventory within a year.
CPFL Energia's Inventory Turnover for the
three
months ended in Dec. 2023 was 126.98.
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.
CPFL Energia's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.01.
CPFL Energia Days Inventory Historical Data
The historical data trend for CPFL Energia'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 CPFL Energia's Days Inventory
For the Utilities - Regulated Electric subindustry, CPFL Energia'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.
CPFL Energia's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CPFL Energia's Days Inventory distribution charts can be found below:
* The bar in red indicates where CPFL Energia's Days Inventory falls into.
CPFL Energia Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CPFL Energia'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.
CPFL Energia (BSP:CPFE3) 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.
CPFL Energia's Inventory Turnover for the
three
months ended in Dec. 2023 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.
CPFL Energia's Inventory to Revenue for the
three
months 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.
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.
CPFL Energia Days Inventory Related Terms
Thank you for viewing the detailed overview of CPFL Energia's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.
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