Clearway Energy Inc Class C (CWEN)

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	501,000	491,000	490,000	491,000	473,000	457,000	421,000	415,000	435,000	455,000	474,000	469,000	451,000	425,000	403,000	383,000	366,000	367,000	356,000	347,000
Inventory	US$ in thousands	64,000	63,000	60,000	58,000	55,000	55,000	51,000	49,000	47,000	48,000	39,000	38,000	37,000	42,000	43,000	43,000	42,000	42,000	41,000	41,000
Inventory turnover		7.83	7.79	8.17	8.47	8.60	8.31	8.25	8.47	9.26	9.48	12.15	12.34	12.19	10.12	9.37	8.91	8.71	8.74	8.68	8.46

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $501,000K ÷ $64,000K
= 7.83

Clearway Energy Inc Class C's inventory turnover has shown fluctuating trends over the time period provided. The inventory turnover ratio indicates how efficiently the company manages its inventory by measuring how many times the inventory is sold and replaced over a given period.

The inventory turnover ratio for Clearway Energy Inc Class C ranged from a low of 7.79 on September 30, 2024, to a high of 12.34 on March 31, 2022. The ratio has displayed some variability but generally remained within the range of 7.79 to 12.34, suggesting some consistency in the company's inventory management efficiency over the period.

Overall, the inventory turnover ratio for Clearway Energy Inc Class C demonstrates a reasonable level of efficiency in managing its inventory, with some fluctuations observed over the period. It is important for the company to monitor this ratio closely to ensure optimal inventory management practices and maintain a balance between stock levels and sales demand.