OGE Energy Corporation (OGE)

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	1,738,200	1,661,700	1,633,600	1,607,600	1,567,300	1,675,100	2,001,800	2,197,200	2,235,100	2,123,100	1,765,800	1,565,500	2,647,000	2,540,600	2,410,800	2,342,700	345,000	326,200	343,100	366,400
Inventory	US$ in thousands	148,300	123,400	145,500	157,900	158,500	123,600	117,700	128,600	108,800	85,300	80,600	64,300	40,600	146,400	165,100	39,400	36,500	36,500	42,700	45,500
Inventory turnover		11.72	13.47	11.23	10.18	9.89	13.55	17.01	17.09	20.54	24.89	21.91	24.35	65.20	17.35	14.60	59.46	9.45	8.94	8.04	8.05

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,738,200K ÷ $148,300K
= 11.72

OGE Energy Corporation's inventory turnover ratio provides insights into how efficiently the company is managing its inventory. The trend of inventory turnover over the reported periods shows fluctuation.

From March 31, 2020, to December 31, 2021, the inventory turnover steadily increased from 8.05 to 65.20, indicating an improving ability to sell through inventory more rapidly. This suggests effective inventory management practices or increasing demand for its products/services.

However, from March 31, 2022, to December 31, 2024, the inventory turnover ratio exhibited more variability, fluctuating between 10.18 and 13.47. These fluctuations could be due to various factors such as changing consumer preferences, market conditions, or supply chain disruptions.

Overall, OGE Energy Corporation has shown a generally positive trend in its inventory turnover ratio up to December 31, 2021, but experienced fluctuations thereafter. It is essential for the company to monitor and analyze these fluctuations to ensure optimal inventory management efficiency and profitability.