Consolidated Edison Inc (ED)
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 | 6,640,000 | 6,572,000 | 6,585,000 | 6,895,000 | 7,258,000 | 7,813,000 | 7,951,000 | 8,261,000 | 7,985,000 | 7,214,000 | 6,764,000 | 6,372,000 | 6,009,000 | 5,820,000 | 5,614,000 | 5,395,000 | 5,097,000 | 5,144,000 | 5,285,000 | 5,191,000 |
| Inventory | US$ in thousands | 485,000 | 472,000 | 451,000 | 442,000 | 469,000 | 455,000 | 434,000 | 431,000 | 492,000 | 533,000 | 449,000 | 404,000 | 437,000 | 405,000 | 360,000 | 339,000 | 356,000 | 353,000 | 336,000 | 326,000 |
| Inventory turnover | 13.69 | 13.92 | 14.60 | 15.60 | 15.48 | 17.17 | 18.32 | 19.17 | 16.23 | 13.53 | 15.06 | 15.77 | 13.75 | 14.37 | 15.59 | 15.91 | 14.32 | 14.57 | 15.73 | 15.92 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $6,640,000K ÷ $485,000K
= 13.69
Consolidated Edison Inc's inventory turnover ratio has fluctuated over the past few years. The inventory turnover ratio measures how efficiently a company manages its inventory by indicating the number of times inventory is sold and replaced over a period.
Looking at the data provided, the inventory turnover ratio for Consolidated Edison Inc was relatively stable around the 15 to 16 range from March 2020 to March 2023. However, there was a noticeable decrease in the ratio from March 2023 to December 2024, dropping to a low of 13.69 by the end of December 2024.
A higher inventory turnover ratio typically indicates that a company is selling goods quickly and efficiently, while a lower ratio suggests slower sales or potential overstocking of inventory. In the case of Consolidated Edison Inc, the decreasing trend in the inventory turnover ratio towards the end of the period may signal potential issues with inventory management or slowing sales.
It would be important for the company to closely monitor its inventory levels and sales performance to ensure efficient use of resources and prevent a build-up of excess inventory that could lead to increased holding costs or potential obsolescence.
Peer comparison
Dec 31, 2024
Dec 31, 2024