Edison International (EIX)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 10,381,000 | 9,624,000 | 11,099,000 | 9,185,000 | 8,541,000 |
| Inventory | US$ in thousands | 538,000 | 527,000 | 474,000 | 420,000 | 405,000 |
| Inventory turnover | 19.30 | 18.26 | 23.42 | 21.87 | 21.09 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $10,381,000K ÷ $538,000K
= 19.30
Edison International's inventory turnover ratio has shown a generally positive trend over the years, increasing from 21.09 in December 31, 2020, to 21.87 in December 31, 2021, and further to 23.42 in December 31, 2022. This indicates that the company is efficiently managing its inventory levels and converting them into sales. However, there was a slight decrease in inventory turnover to 18.26 in December 31, 2023, which may signify a potential issue with inventory management efficiency during that period. The ratio then improved to 19.30 in December 31, 2024, but it remained below the peak achieved in 2022. Overall, while the inventory turnover has shown fluctuations, Edison International has generally maintained a strong performance in efficiently utilizing its inventory to generate sales during the analyzed period.
Peer comparison
Dec 31, 2024