Soluna Holdings (Soluna Holdings) Days Inventory : 0.00 (As of Dec. 2023)

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What is Soluna Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Soluna Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Soluna Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.83 Mil. Hence, Soluna Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Soluna Holdings's Days Inventory or its related term are showing as below:

During the past 13 years, Soluna Holdings's highest Days Inventory was 832.74. The lowest was 84.19. And the median was 112.77.

SLNH's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 58.365
* Ranked among companies with meaningful Days Inventory only.

Soluna Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Soluna Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Soluna Holdings Days Inventory Historical Data

The historical data trend for Soluna Holdings's Days 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.

* Premium members only.

Soluna Holdings Days Inventory Chart

Soluna Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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133.92

832.74

Soluna Holdings Quarterly Data
	Sep17	Dec17	Mar18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Soluna Holdings's Days Inventory

For the Capital Markets subindustry, Soluna Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Soluna Holdings's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Soluna Holdings's Days Inventory falls into.

Soluna Holdings Days Inventory Calculation

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

Soluna Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	15.829	*	365
=	0					/	15.829	*	365
=	0.00

Soluna Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	5.833	*	365 / 4
=	0					/	5.833	*	365 / 4
=	0.00

Soluna Holdings (NAS:SLNH) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Soluna Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.833	/	0
	=

2. 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.

Soluna Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	10.118
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Soluna Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Soluna Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Soluna Holdings (Soluna Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Soluna Holdings Inc (NAS:SLNH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Washington Avenue Extension, Albany, NY, USA, 12205

Website

https://www.solunacomputing.com

Soluna Holdings Inc, is a U.S based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.

Executives

Jessica L. Thomas	officer: CFO	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Belizaire	director, officer: CEO & Pres. of EcoChain Inc.	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Patman Philip F Jr	officer: Chief Financial Officer	9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
William Hazelip	director	C/O MECHANICAL TECHNOLOGY, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Bottomley	director	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Mary Jennifer Oreilly	officer: Chief People Officer	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
William P Phelan	director	C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Michael Toporek	director, other: See Explanation of Responses	C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Matthew E. Lipman	director, other: See Explanation of Responses	C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
David C Michaels	director	C/O MECHANICAL TECHNOLOGY INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Alykhan Madhavji	director	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Moshe Binyamin	officer: President-MTI Instruments, Inc	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Frederick W. Jones	officer: CHIEF FINANCIAL OFFICER	C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Thomas J Marusak	director	C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Edward R Hirshfield	director, 10 percent owner	122 E.42ND STREET SUITE 4305, NEW YORK NY 10168