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Days Inventory is also known as Days Sales of Inventory (DSI). American Electric Power Co's Average Total Inventories for the three months ended in Jun. 2024 was $1,767 Mil. American Electric Power Co's Cost of Goods Sold for the three months ended in Jun. 2024 was $1,720 Mil. Hence, American Electric Power Co's Days Inventory for the three months ended in Jun. 2024 was 93.72.
The historical rank and industry rank for American Electric Power Co's Days Inventory or its related term are showing as below:
During the past 13 years, American Electric Power Co's highest Days Inventory was 84.10. The lowest was 48.63. And the median was 62.04.
American Electric Power Co's Days Inventory increased from Jun. 2023 (81.16) to Jun. 2024 (93.72). It might indicate that American Electric Power Co's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year. American Electric Power Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.97.
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. American Electric Power Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.39.
The historical data trend for American Electric Power Co'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.
American Electric Power Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 60.36 | 84.10 | 63.69 | 51.15 | 75.04 |
American Electric Power Co Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Days Inventory | Get a 7-Day Free Trial | 81.16 | 74.54 | 82.78 | 87.95 | 93.72 |
For the Utilities - Regulated Electric subindustry, American Electric Power Co'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.
For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where American Electric Power Co's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
American Electric Power Co'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 |
= | ( (1350.2 | + | 1879.5) | / | 2 ) | / | 7854.6 | * | 365 |
= | 1614.85 | / | 7854.6 | * | 365 | ||||
= | 75.04 |
American Electric Power Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:
Days Inventory (Q: Jun. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2024 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (1770.3 | + | 1763) | / | 2 ) | / | 1720 | * | 365 / 4 |
= | 1766.65 | / | 1720 | * | 365 / 4 | ||||
= | 93.72 |
* 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.
American Electric Power Co (NAS:AEP) 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.
American Electric Power Co's Inventory Turnover for the three months ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 1720 | / | 1766.65 | |
= | 0.97 |
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.
American Electric Power Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 1766.65 | / | 4579.2 | |
= | 0.39 |
* 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.
Thank you for viewing the detailed overview of American Electric Power Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Antonio P Smyth | officer: Executive Vice President | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Greg B Hall | officer: Executive Vice President | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Daniel G. Stoddard | director | 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060 |
Kate Sturgess | officer: Controller, CAO | 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770 |
David Matthew Feinberg | officer: Senior Vice President | C/O ALLEGHENY ENERGY, INC., 800 CABIN HILL DRIVE, GREENSBURG PA 15601 |
Christian T Beam | officer: Executive Vice President | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Nicholas K Akins | officer: Executive Vice President | AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Ann P Kelly | officer: Executive Vice President & CFO | 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406 |
Peggy Simmons | officer: Executive Vice President | 212 E 6TH ST, TULSA OK 74119 |
Raja Sundararajan | officer: Executive Vice President | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Donna James | director | ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215 |
Therace Risch | officer: Senior Vice President | 6501 LEGACY DRIVE, PLANO TX 75024 |
Charles E Zebula | officer: Executive Vice President | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Paul Iii Chodak | officer: Executive Vice President | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
Julia A Sloat | officer: Executive VP, CFO | 1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
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