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Centerpoint Energy Inc   (CNP)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

Centerpoint Energy Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Centerpoint Energy Inc inventory turnover ratio, the Centerpoint Energy Inc 's ability to sell and replace its inventory in the forth quarter 2023, sequentially increased to 22.66 in the fourth quarter 2023, a new company high. Average inventory processing period, for the Centerpoint Energy Inc in Dec 31 2023 quarter, has decreased to 16 days, compare to 18 days, in the Sep 30 2023 quarter.

Within Utilities sector 14 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 17 in the third quarter 2023, to 35.

CNP Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Centerpoint Energy Inc Market Share?

What is Inventory Turnover Ratio?


CNP Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Inventory Growth -18.26 % -55.19 % -87.58 % -82.62 % -60.36 %
Y / Y Cost of Sales Growth 19.11 % -3.28 % -5.43 % -8.3 % -10.2 %
Inventory Turnover Ratio (TTM) 22.66 19.83 15.25 8.71 6.68
CNP's Total Ranking # 35 # 17 # 75 # 232 # 565
Average inventory processing period 16 18 24 42 55
Seq. Inventory Growth 42.75 % 74.68 % -11.24 % -63.07 % -21.75 %
Seq. Cost of Sales Growth 32.72 % -4.57 % 2.41 % -8.17 % 7.76 %



Inventory Turnover Ratio Company Ranking
Within: No.
Electric Utilities Industry # 6
Utilities Sector # 15
Overall Market # 35

Inventory Turnover Ratio Statistics
High Average Low
22.66 13.96 5.03
(Dec 31 2023)   (Dec 31 2020)




Financial Statements
Centerpoint Energy Inc 's Inventories $ 197 Millions Visit CNP's Balance sheet
Centerpoint Energy Inc 's Cost of Revenues TTM $ 2,850 Millions Visit CNP's Income Statement
What are CNP's Sales? Visit CNP's Sales by Segment

Other Inventory Turnover Ratios
Centerpoint Energy Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Electric Utilities Industry Inventory Turnover Trends and Statistics
Utilities Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
CNP's Inventory Turnover Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for CNP's Competitors
Inventory Turnover Ratio for CNP's Suppliers
Inventory Turnover Ratio for CNP's Customers

You may also want to know
CNP's Sales Growth Rates CNP's Pe Price to earnings ratio CNP's Receivables Turnover Ratio CNP's Stock Quote
CNP's Net Income Growth Rates CNP's Ps Price to Sales ratio CNP's Sales per Employee CNP's Asset Turnover Ratio
CNP's Net Margin CNP's Pb Price to Book ratio CNP's Financial Strength Ratios CNP's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Utilities Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Ngl Energy Partners Lp  32.47 $ 6,334.434  Millions$ 195  Millions
Idacorp Inc   29.45 $ 501.531  Millions$ 17  Millions
Energy Transfer Lp  25.80 $ 60,541.000  Millions$ 2,347  Millions
Exelon Corporation  24.74 $ 4,559.000  Millions$ 184  Millions
Nustar Energy L p   24.00 $ 371.689  Millions$ 15  Millions
Centerpoint Energy Inc   22.66 $ 2,850.000  Millions$ 126  Millions
Oneok Inc   21.48 $ 11,929.000  Millions$ 555  Millions
Cheniere Energy Partners L p   19.84 $ 2,743.000  Millions$ 138  Millions
Genie Energy Ltd   16.76 $ 282.502  Millions$ 17  Millions
American Water Works Company Inc   15.82 $ 1,720.000  Millions$ 109  Millions
Portland General Electric Company  13.92 $ 1,190.000  Millions$ 86  Millions
Ormat Technologies Inc   13.05 $ 565.000  Millions$ 43  Millions
Ugi Corporation  11.73 $ 5,033.000  Millions$ 429  Millions
Cheniere Energy Inc   10.87 $ 4,658.000  Millions$ 429  Millions
Public Service Enterprise Group Incorporated  9.56 $ 6,410.000  Millions$ 671  Millions
American Electric Power Co Inc   9.26 $ 6,578.300  Millions$ 710  Millions
Sempra  9.12 $ 3,719.000  Millions$ 408  Millions
Essential Utilities Inc   9.04 $ 575.518  Millions$ 64  Millions
Clearway Energy Inc   9.01 $ 473.000  Millions$ 53  Millions
Avangrid Inc   8.83 $ 2,429.000  Millions$ 275  Millions
Kinder Morgan Inc   8.79 $ 4,938.000  Millions$ 562  Millions
Algonquin Power and Utilities Corp   8.77 $ 429.760  Millions$ 49  Millions
Firstenergy Corp  8.65 $ 4,108.000  Millions$ 475  Millions
Mplx Lp  8.63 $ 1,295.000  Millions$ 150  Millions
Hf Sinclair Corporation  8.17 $ 26,054.868  Millions$ 3,191  Millions
Edison International  8.10 $ 4,138.000  Millions$ 511  Millions
Williams Companies Inc   7.23 $ 1,884.000  Millions$ 261  Millions
Nextera Energy Partners Lp  7.17 $ 520.000  Millions$ 73  Millions
Fortis Inc   6.66 $ 2,888.586  Millions$ 434  Millions
Wisconsin Electric Power Company  5.38 $ 1,451.400  Millions$ 270  Millions

Date modified: 2024-02-20T15:59:00+00:00



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