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Ascent Solar Technologies (Ascent Solar Technologies) Change In Inventory : $-0.12 Mil (TTM As of Dec. 2023)


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What is Ascent Solar Technologies Change In Inventory?

Ascent Solar Technologies's change in inventory for the quarter that ended in Dec. 2023 was $0.01 Mil. It means Ascent Solar Technologies's inventory declined by $0.01 Mil from Sep. 2023 to Dec. 2023 .

Ascent Solar Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.13 Mil. It means Ascent Solar Technologies's inventory increased by $0.13 Mil from Dec. 2022 to Dec. 2023 .

Ascent Solar Technologies's Total Inventories for the quarter that ended in Dec. 2023 was $0.45 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ascent Solar Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 686.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ascent Solar Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.13.

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. Ascent Solar Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 180.50.

Ascent Solar Technologies Change In Inventory Historical Data

The historical data trend for Ascent Solar 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.

* Premium members only.

Ascent Solar Technologies Change In Inventory Chart

Ascent Solar Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 - -0.06 -0.02 -0.13

Ascent Solar Technologies 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.01 -0.15 0.02 0.01

Ascent Solar 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

* 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.

Ascent Solar Technologies  (NAS:ASTI) Change In Inventory Explanation

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

Ascent Solar 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
=0.5415/0.072*365 / 4
=686.28

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

Ascent Solar Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.072 / 0.5415
=0.13

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.

Ascent Solar Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.5415 / 0.003
=180.50

* 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.

Ascent Solar Technologies Change In Inventory Related Terms

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Ascent Solar Technologies (Ascent Solar Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ascent Solar Technologies Inc (NAS:ASTI) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
12300 Grant Street, Thornton, CO, USA, 80241
Website
http://www.ascentsolar.com
Ascent Solar Technologies Inc is engaged in the manufacturing and selling of photovoltaic products (PV) solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance. The company is integrating its PV products into scalable and high-value markets such as agrivoltaics, aerospace, satellites, near-earth orbiting vehicles, and fixed-wing unmanned aerial vehicles (UAV). Ascent is also working to expand its portable solar chargers, such as the XD-12. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies.
Executives
Reynolds T. Forrest director C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Peterson David Theodore Jr director 15332 ANTIOCH STREET, #434, PACIFIC PALISADES CA 90272
Paul P. Warley officer: Chief Financial Officer C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Louis C. Berezovsky director C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Gregory C Thompson director 1000 ABERNATHY ROAD N.E., STE 1200, ATLANTA GA 30328
Jin H. Jo officer: Chief Financial Officer C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Bobby Gulati officer: Chief Operating Officer C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Arion Agrophotovoltaic Private Ltd 10 percent owner 45, NORTH CANAL ROAD, #01-01 LEW BUILDING, . U0 059301
Bd1 Investment Holding, Llc 10 percent owner 1675 SOUTH STATE STREET, SUITE B, DOVER DE 19901
Lucro Investments Vcc - Esg Opportunities Fund 10 percent owner 10 ANSON ROAD, #16-06 INTERNATIONAL PLAZA, SINGAPORE U0 079903
Jeffrey Max officer: Chief Executive Officer C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Michael J. French director C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Felix T. Mantke director C/O ASCENT SOLAR TECHNOLOGIES, INC., 12300 GRANT STREET, THORNTON CO 80241
Ag Tubesolar 10 percent owner BERLINER ALLEE 65, AUGSBURG 2M 86153
Johannes Kuhn 10 percent owner 1675 SOUTH STATE STREET, SUITE B, DOVER DE 19901