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Enel SpA (Enel SpA) Days Inventory

: 104.03 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Enel SpA's Average Total Inventories for the three months ended in Dec. 2023 was $4,760 Mil. Enel SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,176 Mil. Hence, Enel SpA's Days Inventory for the three months ended in Dec. 2023 was 104.03.

The historical rank and industry rank for Enel SpA's Days Inventory or its related term are showing as below:

ENLAY' s Days Inventory Range Over the Past 10 Years
Min: 12.64   Med: 19.5   Max: 27.27
Current: 26.53

During the past 13 years, Enel SpA's highest Days Inventory was 27.27. The lowest was 12.64. And the median was 19.50.

ENLAY's Days Inventory is ranked worse than
56.34% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.43 vs ENLAY: 26.53

Enel SpA's Days Inventory increased from Dec. 2022 (37.83) to Dec. 2023 (104.03). It might indicate that Enel SpA'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. Enel SpA's Inventory Turnover for the three months ended in Dec. 2023 was 0.88.

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 SpA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.17.


Enel SpA Days Inventory Historical Data

The historical data trend for Enel SpA'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.

Enel SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.98 20.22 15.89 12.96 26.86

Enel SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 37.83 19.38 41.64 15.25 104.03

Competitive Comparison

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA Days Inventory Distribution

For the Utilities - Regulated industry and Utilities sector, Enel SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Enel SpA's Days Inventory falls into.



Enel SpA Days Inventory Calculation

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

Enel SpA'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
=( (5140.89 + 4678.299) / 2 ) / 66727.372*365
=4909.5945 / 66727.372*365
=26.86

Enel SpA's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4842.049 + 4678.299) / 2 ) / 4175.573*365 / 4
=4760.174 / 4175.573*365 / 4
=104.03

* 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.


Enel SpA  (OTCPK:ENLAY) 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.

Enel SpA'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.

Enel SpA'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.


Enel SpA Days Inventory Related Terms

Thank you for viewing the detailed overview of Enel SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Enel SpA (Enel SpA) Business Description

Address
Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 50% of the company's EBITDA is derived from its regulated networks. Taking into account power sold through power purchase agreements in Latin America, around 70% of EBITDA is quasi-regulated. Enel is a giant in global power generation with 86 gigawatts of capacity, of which 39 GW is renewables, including a large share of hydro.

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