Constellation Energy Corp (CEG)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,159,000 | 21,686,000 | 22,303,000 | 16,718,000 | 14,753,000 |
| Inventory | US$ in thousands | 1,600,000 | 1,500,000 | 1,505,000 | 1,288,000 | 1,211,000 |
| Inventory turnover | 3.85 | 14.46 | 14.82 | 12.98 | 12.18 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $6,159,000K ÷ $1,600,000K
= 3.85
The inventory turnover ratio for Constellation Energy Corp has shown a positive trend over the years, increasing from 12.18 in December 2020 to 14.46 in December 2023, indicating that the company is efficiently managing its inventory levels. However, there was a notable decrease in the ratio to 3.85 by December 2024, suggesting a potential inefficiency in inventory management or an abnormal change in sales or production processes during that period. It is important to further investigate the reasons behind this significant drop and address any underlying issues to maintain optimal inventory turnover levels in the future.
Peer comparison
Dec 31, 2024