Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Inventory Turnover : 8.18 (As of Dec. 2023)

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What is Companhia Energetica de Brasilia - CEB Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Companhia Energetica de Brasilia - CEB's Cost of Goods Sold for the three months ended in Dec. 2023 was R$46.9 Mil. Companhia Energetica de Brasilia - CEB's Average Total Inventories for the quarter that ended in Dec. 2023 was R$5.7 Mil. Companhia Energetica de Brasilia - CEB's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Companhia Energetica de Brasilia - CEB's Days Inventory for the three months ended in Dec. 2023 was 11.16.

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. Companhia Energetica de Brasilia - CEB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Companhia Energetica de Brasilia - CEB Inventory Turnover Historical Data

The historical data trend for Companhia Energetica de Brasilia - CEB's Inventory Turnover 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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Companhia Energetica de Brasilia - CEB Inventory Turnover Chart

Companhia Energetica de Brasilia - CEB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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17.68

23.12

82.43

48.28

37.53

Companhia Energetica de Brasilia - CEB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															25.99	8.38	6.19	6.61	8.18

Companhia Energetica de Brasilia - CEB Inventory Turnover Calculation

Companhia Energetica de Brasilia - CEB's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	169.841	/ (	(2.808	+	6.244)	/	2 )
=	169.841	/	4.526
=	37.53

Companhia Energetica de Brasilia - CEB's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	46.922	/ (	(5.235	+	6.244)	/	2 )
=	46.922	/	5.7395
=	8.18

Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Companhia Energetica de Brasilia - CEB's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	5.7395	/	46.922	*	365 / 4
	=	11.16

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.

Companhia Energetica de Brasilia - CEB's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5.7395	/	91.598
	=	0.06

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Companhia Energetica de Brasilia - CEB Inventory Turnover Related Terms

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Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Companhia Energetica de Brasilia - CEB (BSP:CEBR6) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CEBR5:Brazil CEBR3:Brazil

Address

SIA Public Services Area, Lot C, Brasília, DF, BRA, 71215-902

Website

http://www.ceb.com.br

Companhia Energetica de Brasilia - CEB through its subsidiaries and holdings is engaged in generation, transmission, marketing and distribution of electricity as well as related services. It also constructs electric power stations and distribution network; and produces and distributes gas through pipelines.

Companhia Energetica de Brasilia - CEB (BSP:CEBR6) Headlines

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