Constellation Energy Corp (CEG)

Inventory turnover

		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
Cost of revenue (ttm)	US$ in thousands	18,777,000	20,146,000	21,563,000	22,212,000	20,052,000	18,774,000
Inventory	US$ in thousands	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
Inventory turnover		12.52	14.17	15.55	16.53	13.32	12.82

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $18,777,000K ÷ $1,500,000K
= 12.52

Based on the provided data for Constellation Energy Corporation, the inventory turnover for each quarter in the given periods is consistently reported as 0.00. This implies that the company, during these periods, did not generate sales sufficient to deplete its inventory levels. A zero inventory turnover ratio could signify potential issues, such as overstocking or slow-moving inventory, which may lead to increased holding costs and reduced efficiency in utilizing company resources. It would be beneficial for Constellation Energy Corporation to assess and manage its inventory levels effectively to improve its overall operational and financial performance.