Entergy Corporation (ETR)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,141,370 | 6,817,980 | 8,488,890 | 6,871,030 | 5,655,420 |
| Inventory | US$ in thousands | 1,797,460 | 1,611,770 | 1,330,940 | 1,196,090 | 1,135,120 |
| Inventory turnover | 3.42 | 4.23 | 6.38 | 5.74 | 4.98 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $6,141,370K ÷ $1,797,460K
= 3.42
Entergy Corporation's inventory turnover has displayed a fluctuating trend over the past five years. The ratio increased from 4.98 in 2020 to 6.38 in 2022, indicating a more efficient management of inventory during this period. However, there was a notable decline in 2024, dropping to 3.42. This could suggest potential challenges in managing inventory levels effectively or changes in demand patterns impacting inventory turnover. Overall, it is crucial for Entergy Corporation to closely monitor and analyze the factors driving these fluctuations to optimize inventory management and enhance operational efficiency.
Peer comparison
Dec 31, 2024