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The Connecticut Light & Power Co (The Connecticut Light & Power Co) Days Inventory : 9.93 (As of Dec. 2019)


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What is The Connecticut Light & Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Connecticut Light & Power Co's Average Total Inventories for the three months ended in Dec. 2019 was $51.45 Mil. The Connecticut Light & Power Co's Cost of Goods Sold for the three months ended in Dec. 2019 was $472.92 Mil. Hence, The Connecticut Light & Power Co's Days Inventory for the three months ended in Dec. 2019 was 9.93.

The historical rank and industry rank for The Connecticut Light & Power Co's Days Inventory or its related term are showing as below:

CNLHN.PFD's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 23.485
* Ranked among companies with meaningful Days Inventory only.

The Connecticut Light & Power Co's Days Inventory declined from Dec. 2018 (10.42) to Dec. 2019 (9.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Connecticut Light & Power Co's Inventory Turnover for the three months ended in Dec. 2019 was 9.19.

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. The Connecticut Light & Power Co's Inventory-to-Revenue for the three months ended in Dec. 2019 was 0.07.


The Connecticut Light & Power Co Days Inventory Historical Data

The historical data trend for The Connecticut Light & 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.

* Premium members only.

The Connecticut Light & Power Co Days Inventory Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.54 12.31 12.80 10.59 10.00

The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.42 9.79 12.89 11.29 9.93

Competitive Comparison of The Connecticut Light & Power Co's Days Inventory

For the Utilities - Regulated Electric subindustry, The Connecticut Light & 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.


The Connecticut Light & Power Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Connecticut Light & Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Connecticut Light & Power Co's Days Inventory falls into.



The Connecticut Light & Power Co Days Inventory Calculation

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

The Connecticut Light & Power Co's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (44.529 + 50.7) / 2 ) / 1737.369*365
=47.6145 / 1737.369*365
=10.00

The Connecticut Light & Power Co's Days Inventory for the quarter that ended in Dec. 2019 is calculated as:

Days Inventory (Q: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count ) / Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=( (52.209 + 50.7) / 2 ) / 472.915*365 / 4
=51.4545 / 472.915*365 / 4
=9.93

* 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.


The Connecticut Light & Power Co  (OTCPK:CNLHN.PFD) 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.

The Connecticut Light & Power Co's Inventory Turnover for the three months ended in Dec. 2019 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.

The Connecticut Light & Power Co's Inventory to Revenue for the three months ended in Dec. 2019 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.


The Connecticut Light & Power Co Days Inventory Related Terms

Thank you for viewing the detailed overview of The Connecticut Light & Power Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


The Connecticut Light & Power Co (The Connecticut Light & Power Co) Business Description

Traded in Other Exchanges
N/A
Address
107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial and industrial customers in parts of Connecticut. Its business consists of purchase, delivery, and sale of electricity to customers.

The Connecticut Light & Power Co (The Connecticut Light & Power Co) Headlines

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