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Solidion Technology (Solidion Technology) Days Inventory : 0.00 (As of Dec. 2023)


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What is Solidion Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Solidion Technology's Average Total Inventories for the six months ended in Dec. 2023 was $0.02 Mil. Solidion Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.00 Mil.

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

During the past 3 years, Solidion Technology's highest Days Inventory was 419.75. The lowest was 419.75. And the median was 419.75.

STI's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.76
* Ranked among companies with meaningful Days Inventory only.

Solidion Technology's Days Inventory declined from Dec. 2021 (419.75) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Solidion Technology's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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.


Solidion Technology Days Inventory Historical Data

The historical data trend for Solidion Technology'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.

Solidion Technology Days Inventory Chart

Solidion Technology Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
419.75 - -

Solidion Technology Semi-Annual Data
Dec21 Dec22 Dec23
Days Inventory 419.75 - -

Competitive Comparison of Solidion Technology's Days Inventory

For the Electrical Equipment & Parts subindustry, Solidion Technology'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.


Solidion Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solidion Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Solidion Technology's Days Inventory falls into.



Solidion Technology Days Inventory Calculation

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

Solidion Technology'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
=( (0.023 + 0) / 1 ) / 0*365
=0.023 / 0*365
=N/A

Solidion Technology'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.023 + 0) / 1 ) / 0*365 / 2
=0.023 / 0*365 / 2
=N/A

* 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.


Solidion Technology  (NAS:STI) 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.

Solidion Technology's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Solidion Technology's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


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.


Solidion Technology Days Inventory Related Terms

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


Solidion Technology (Solidion Technology) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1240 McCook Avenue, Dayton, OH, USA, 45404
Website
Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.

Solidion Technology (Solidion Technology) Headlines