Edison International (EIX)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 47,000 | 42,000 | 39,000 | -168,000 | 107,000 |
| Inventory | US$ in thousands | 527,000 | 474,000 | 420,000 | 405,000 | 364,000 |
| Inventory turnover | 0.09 | 0.09 | 0.09 | -0.41 | 0.29 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $47,000K ÷ $527,000K
= 0.09
The inventory turnover ratios for Edison International over the past five years have been consistently reported as 0.00. A ratio of 0.00 indicates that the company did not have any cost of goods sold during those years, resulting in no inventory turnover. This could be due to various reasons such as a decline in sales, excess inventory levels, or irregular reporting practices. A 0.00 inventory turnover ratio signifies that the company has not effectively managed its inventory levels during these periods. Further analysis of the company's operations and financial statements is necessary to understand the reasons behind this trend and to assess the efficiency of Edison International in managing its inventory.
Peer comparison
Dec 31, 2023