Dominion Energy Inc (D)

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	7,537,000	7,445,000	7,533,000	7,494,000	7,442,000	8,287,000	8,504,000	8,652,000	9,147,000	8,478,000	8,021,000	7,616,000	7,258,000	7,071,000	6,986,000	6,918,000	6,870,000	7,303,000	7,477,000	8,269,000
Inventory	US$ in thousands	1,764,000	1,717,000	1,758,000	1,719,000	1,698,000	1,633,000	1,826,000	1,746,000	1,729,000	1,766,000	1,584,000	1,512,000	1,631,000	1,593,000	1,538,000	1,476,000	1,550,000	1,565,000	1,735,000	1,677,000
Inventory turnover		4.27	4.34	4.28	4.36	4.38	5.07	4.66	4.96	5.29	4.80	5.06	5.04	4.45	4.44	4.54	4.69	4.43	4.67	4.31	4.93

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $7,537,000K ÷ $1,764,000K
= 4.27

Dominion Energy Inc's inventory turnover has fluctuated over the past few years. The company's inventory turnover ratio ranged from a low of 4.28 in June 30, 2024, to a high of 5.29 in December 31, 2022. This indicates the number of times Dominion Energy Inc's inventory was sold and replaced during the period.

Overall, Dominion Energy Inc's inventory turnover has shown some variability but generally remains within a relatively stable range. A consistently high inventory turnover ratio suggests efficient inventory management and liquidity, while a lower ratio may indicate overstocking or slower sales. It is important for Dominion Energy Inc to monitor its inventory turnover ratio to ensure effective inventory management and optimize its operations.