Ballard Power Systems (Ballard Power Systems) Change In Inventory : $-0.9 Mil (TTM As of Dec. 2023)

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What is Ballard Power Systems Change In Inventory?

Ballard Power Systems's change in inventory for the quarter that ended in Dec. 2023 was $11.4 Mil. It means Ballard Power Systems's inventory declined by $11.4 Mil from Sep. 2023 to Dec. 2023 .

Ballard Power Systems's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.9 Mil. It means Ballard Power Systems's inventory increased by $0.9 Mil from Dec. 2022 to Dec. 2023 .

Ballard Power Systems's Total Inventories for the quarter that ended in Dec. 2023 was $45.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ballard Power Systems's Days Inventory for the quarter that ended in Dec. 2023 was 94.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ballard Power Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.97.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Ballard Power Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.26.

Ballard Power Systems Change In Inventory Historical Data

The historical data trend for Ballard Power Systems's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ballard Power Systems Change In Inventory Chart

Ballard Power Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.79

1.36

-23.00

-11.15

-0.90

Ballard Power Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-4.03	-6.36	-8.96	2.97	11.45

Ballard Power Systems Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.9 Mil.

Ballard Power Systems (NAS:BLDP) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ballard Power Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	58.132	/	56.419	*	365 / 4
	=	94.02

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ballard Power Systems's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	56.419	/	58.132
	=	0.97

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Ballard Power Systems's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	58.132	/	46.14
	=	1.26

Ballard Power Systems Change In Inventory Related Terms

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Ballard Power Systems (Ballard Power Systems) Business Description

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0QY5:UK PO0:Germany BLDP:Canada

Address

9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8

Website

https://www.ballard.com

Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.