Constellation Energy Corp (CEG)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 14,619,000 | 17,669,000 | 17,735,000 | 18,462,000 | 20,788,000 | 23,328,000 | 24,292,000 | 24,709,000 | 22,303,000 | 20,422,000 | 17,222,000 | 15,862,000 | 16,718,000 | 15,120,000 | 15,900,000 | 15,610,000 | 13,958,000 | 14,393,000 | 14,828,000 | 15,255,000 |
| Inventory | US$ in thousands | 1,600,000 | 1,472,000 | 1,442,000 | 1,385,000 | 1,500,000 | 1,422,000 | 1,387,000 | 1,344,000 | 1,505,000 | 1,464,000 | 1,383,000 | 1,211,000 | 1,288,000 | 1,238,000 | 1,190,000 | 1,148,000 | 1,211,000 | 1,209,000 | 1,295,000 | 1,224,000 |
| Inventory turnover | 9.14 | 12.00 | 12.30 | 13.33 | 13.86 | 16.41 | 17.51 | 18.38 | 14.82 | 13.95 | 12.45 | 13.10 | 12.98 | 12.21 | 13.36 | 13.60 | 11.53 | 11.90 | 11.45 | 12.46 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $14,619,000K ÷ $1,600,000K
= 9.14
Constellation Energy Corp's inventory turnover has shown a generally positive trend over the analyzed period from March 31, 2020, to December 31, 2024. The inventory turnover ratio measures how efficiently the company is managing its inventory by indicating the number of times inventory is sold and replaced within a specific period.
Initially starting at 12.46 on March 31, 2020, the inventory turnover ratio dipped to 11.45 by June 30, 2020, before slowly climbing back up to 13.60 by March 31, 2021. Thereafter, the ratio remained relatively stable between 11 and 13 for the following quarters.
A significant spike in inventory turnover occurred by March 31, 2023, reaching 18.38, suggesting that Constellation Energy Corp was selling its inventory at a much faster rate during that period. Despite this peak, the ratio gradually decreased over the subsequent quarters but remained above the levels seen in the earlier periods.
By December 31, 2024, the inventory turnover ratio decreased to 9.14, which may indicate a potential slowdown in inventory turnover efficiency. This decline should be further analyzed to understand the factors contributing to the change in inventory management within Constellation Energy Corp.
Overall, the inventory turnover ratio trend suggests fluctuations in how effectively Constellation Energy Corp is managing its inventory over the analyzed period, highlighting periods of both strong and weakening inventory turnover efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024