Shorepower Technologies (Shorepower Technologies) Change In Inventory : $0.00 Mil (TTM As of Nov. 2023)

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What is Shorepower Technologies Change In Inventory?

Shorepower Technologies's change in inventory for the quarter that ended in Nov. 2023 was $0.01 Mil. It means Shorepower Technologies's inventory declined by $0.01 Mil from Aug. 2023 to Nov. 2023 .

Shorepower Technologies's change in inventory for the fiscal year that ended in Feb. 2023 was $0.00 Mil. It means Shorepower Technologies's inventory stayed the same from Feb. 2022 to Feb. 2023 .

Shorepower Technologies's Total Inventories for the quarter that ended in Nov. 2023 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shorepower Technologies's Days Inventory for the quarter that ended in Nov. 2023 was 87.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shorepower Technologies's Inventory Turnover for the quarter that ended in Nov. 2023 was 1.05.

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. Shorepower Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 3.50.

Shorepower Technologies Change In Inventory Historical Data

The historical data trend for Shorepower Technologies'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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Shorepower Technologies Change In Inventory Chart

Shorepower Technologies Annual Data

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Change In Inventory

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Shorepower Technologies Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Change In Inventory	Get a 7-Day Free Trial															-	-	-0.01	-	0.01

Shorepower Technologies 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Shorepower Technologies (OTCPK:SPEV) Change In Inventory Explanation

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

Shorepower Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0105	/	0.011	*	365 / 4
	=	87.10

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

Shorepower Technologies's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.011	/	0.0105
	=	1.05

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.

Shorepower Technologies's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0105	/	0.003
	=	3.50

Shorepower Technologies Change In Inventory Related Terms

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Shorepower Technologies (Shorepower Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shorepower Technologies Inc (OTCPK:SPEV) » Definitions » Change In Inventory

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Address

5291 NE Elam Young Parkway, Suite 160, Hillsboro, OR, USA, 97124

Website

https://www.shorepower.com

Shorepower Technologies Inc is a transportation electrification company that builds, deploys, and operates plug-in stations that allow electric vehicles, trucks, and refrigerated trailers to conveniently access electric power while parked or staged.

Executives

Erop Capital Llc	10 percent owner	912 HOLCOMB BRIDGE ROAD, STE 101, ROSWELL GA 30076
Jeffrey Kim	director, 10 percent owner, officer: President and CEO	5291 NE ELAM YOUNG PARKWAY,, SUITE 160, HILLSBORO OR 97124
Thirty 05 Llc	director, officer: President	3005 HOEDT RD, TAMPA FL 33618

Shorepower Technologies (Shorepower Technologies) Headlines

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